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DigiByte (DGB) gave more than 1000% growth in 2020

Crypto News , Cryptocurrency News , Bitcoin News Today , Altcoin News

DigiByte (DGB) is back again into the top 30 cryptocurrencies by market cap on May 5, after getting 1000% growth against the dollar in under two months. This sudden growth by DigiByte is all the more surprising considering the coin is not and has never been, listed on the largest cryptocurrency exchange in the world: Binance. Vice-chairman of the DigiByte Foundation, Rudy Bouwman, put some light on the coin’s strong performance of late and explained why not all roads necessarily lead to Binance.

“DigiByte is genuine. No ICO, no company, no manipulations, no bad intentions, no money grabbing. All volunteers. DigiByte is for the community and by the community,” he told Decrypt. DigiByte launched in 2014 without an ICO (like Bitcoin). And similarly it was slowly picked up by a community of cryptocurrency enthusiasts who continue to develop it on a voluntary basis.

Perhaps that’s why DigiByte took longer to shoot to prominence, suggested Bouwman, who wasn’t surprised by the coin’s sudden ascension. He said, “This growth should therefore not be a real surprise. DigiByte was expected to outperform the market. It’s long overdue.”

In the last seven days, DigiByte’s trade volume doubled on exchanges, according to data provider CoinMarketCap. And yet all without the help of crypto’s biggest exchange.

According to Bouwman, exposure isn’t an issue for DigiByte at the moment. He said, “We’re now listed on over 120 exchanges worldwide.”

Bouwman still holds out hope that DGB may arrive on some of the larger exchanges soon—but admits it may take some time. “I’m confident over time, even the bigger exchanges will adopt DigiByte. For sure there are ongoing talks, and some are looking promising,” he said, adding, “I think we just need a little more patience.”

Once a time when we saw a fight over the tweeter between DGB founder Jared Tate and Binance owner CZ Changpeng Zhao. Jared blame on Binance that they are asking 300000$ and 3% of total supply from DGB to list DGB coin on Binance exchange but all that allegation denied by the team Binance and CZ.

Digibyte price link link

MAY 06, 2020