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DigiByte is well-known in the community for its faster transaction processing speeds and cheaper fees. DigiByte price in the early years did not see any major ups and downs. DigiByte price reached a peak of $0.142889 at the beginning of 2018 following the Bitcoin bull run. Over the next two years, correction took place and DGB price as of January 2020 was just half a cent. DigiByte price in the first quarter moved only sidewards. A massive bull run was triggered in the second quarter in which DigiByte price increased by 1,000% taking the price to $0.026 in May. Though a minor correction took place, DGB price by the end of June was $0.02.

By 2025, DigiByte price will continue to grow and it is expected that DGB will be traded at $0.08. DigiByte is expected to deliver huge returns on investment in the long-term. It is estimated that adoption and technological developments will drive the DigiByte price and by 2030 one DGB will be worth $1.

DigiByte is a UTXO blockchain founded by Jared Tate in 2013, making it one of the oldest altcoins. DigiByte kicked off in 2014 and did not have any token sale. DigiByte uses the Proof-of-Work consensus algorithm and new coins are issued through mining. The supply is limited and a total of 21 Billion DigiByte will be mined within 21 years since its launch, which is 2035.

DigiByte was built on three different layers. The top layer is meant for the smart contracts, Dapps and tokens. DigiByte ledger is placed in the middle layer and the third layer consists of the decentralized nodes. DigiByte already implemented the Segregated Witness to the chain for quicker transactions and it is estimated that DigiByte is 40 times faster than Bitcoin. In 2020, Digibyte Foundation, a non-profit organization was formed by the community members to promote the development and adoption of DigiByte.