DigiByte (DGB) pumps over 30 percent

16 May, 2019
by David Robb
Price Action
DigiByte (DGB) pumps over 30 percent

DigiByte (DGB) is the latest altcoin to lead the way in terms of gains, on this particularly green day for the market. The 49th-largest crypto by market cap is now up over 30 percent for the 24h period.

DigiByte (DGB) currently has a market cap of $177.7 million. It is one of the most decentralized cryptos on the market, with no CEO, and has been active for over 5 years, longer than the vast majority of altcoins. Recently, the crypto network launched the new DigiAssets platform as part of its roadmap for the year. 

Over the last 24 hours DGB has managed to turn around a generally negative trend from the past few weeks. The first 10 hours saw losses of around 3 percent, before steady gains saw the price peak at $0.016 USDT on Bittrex, up 40%. Its price continues to fluctuate wildly, and at time of writing is up around 30% on Bittrex, with slightly higher USDT prices on HitBTC.

DGB/USD Chart by Tradingview

DGB is performing even better against USD, up over 34 percent on Bitfinex. A big sell-off around 3 hours ago saw the price fall back down to where it started the 24h period, before surging back up again.

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