DGB Price Prediction December 2022

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DGB is a token of the platform DigiByte. Its current price is around $0.008133 at the time of writing, with a low of $0.006302, and it has a market cap of 129 million dollars.

What is DigiByte(DGB)?

DGB is the coin of the DigiByte platform, which is around $0.008133 by the time of writing, with a low of $0.006302. It reached a high of $0.04325, and its current ranking is #145, according to CoinMarketCap, with a market cap of 129 million dollars. DigiByte (DGB) is a P2P cryptocurrency and blockchain platform. The purpose of DigiByte tokens is to be used as the intermediary in decentralized applications and smart contracts running on the DigiByte blockchain. 

DigiByte is a software that was created to compete with major cryptocurrencies like XRP and Litecoin. It prioritizes security and scalability while providing users with additional features, such as issuing assets, launching apps, or using digital currencies. Digibyte is a secure cryptocurrency that uses five different cryptographic algorithms. It also automatically adjusts its difficulty to maintain the integrity of its network.

DGB Coin Market Analysis 

DGB has a total supply of 15,883,345,842 coins worth around $0.008133 with a market volume of 5 million dollars, whereas the market capitalization is 129 million dollars at writing. DigiByte has a calm price on the market with a pretty stable average. It has low risk and high potential to make you profit, so it is an excellent choice for those looking to get into crypto.

DGB Price Prediction

In the 2H timeframe, the price action of $DGB/USDT has broken the resistance trendline of the descending triangle. Currently, the price is retesting the trendline. After a successful retest, it can go upward.

For any time, on-demand analysis on $DGB or any other coin can join our Telegram channel.

Dgb Price Analysis
DGB Price Analysis

Closing Thoughts

According to the above analysis, the coins we discussed might prove to be profitable if other market conditions prevail favorably. We suggest you engage in adequate research before investing in any digital assets.

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