DigiByte Compounds Weekly Growth with UTRUST Integration

DigiByte (DGB) has been climbing for a week now and has steadily grown by 32% over that time. The upwards push continues today with a 17% spike coming late last night (UTC).

Just under 24 hours ago DGB coins were trading for $0.028, before they found traction and climbed $0.033. That surge has since begun to run out of steam, but the current price of $0.032 is still 14% more than that which DGB opened with.

DGB has grown steadily all week, beginning at $0.025 seven days ago and recording day-on-day growth. With another push up into the $0.034 range, DigiByte would be fully recovered from the crash of June 9th – a feat which few coins can claim at this stage.

At the same time the daily volume of DGB is already higher than it was a month ago. The average daily volume for DGB during the month of June was around $2.5 million – yet today has been marked by a daily volume of $7 million already. Today’s volume isn’t a flash in the pan either as it has been intermittently tickling the underside of $5 million for the last 72 hours now.

DGB Added to UTRUST

UTRUST is a crypto-payment solution platform that, among other things, allows for direct crypto-to-cash payments. News dropped in the last 24 hours of the platform’s adoption of DigiByte, and it’s fair to say the value of DGB coins hasn’t been harmed by the news.

UTRUST recently added PundiX (NPXS) to their platform, and NPXS tokens responded in kind by jumping into the market cap top-40.

DigiByte marketing manager, Rudy Bouwman greeted the announcement with optimism, saying:

“We’re excited by the prospect of working with UTRUST and getting DigiByte to be your payment processing solution; this would allow us to grow organically and attract more interest as an open source solution. We hope not only to create a robust decentralized public blockchain but to change the world for the better.”

The point about growing organically is one that rings true; after all, the kind of day-to-day use that such a payment platform would offer is a world away from the hectic to-and-fro of the trading world. This also may give DigiByte something all coins and tokens want and need right now – a real world example of its value beyond mere speculation.

Coinome DGB/XRP Pair Added

In the last 24 hours the Indian cryptocurrency exchange, Coinome, announced that DigiByte would be one of the coins added to its XRP trading pairs.

DGB will be available for trade directly against Ripple; along with the other two cryptocurrencies which were added: Litecoin (LTC) and Bitcoin Cash (BCH).

Featured image courtesy of Shutterstock. 

Author:
Greg Thomson is a freelance writer who contributes to leading cryptocurrency and blockchain publications like CCN, Hacked, and others.