DigiByte (DGB) issuance volume and listing trading platform list

DigiByte's 21 billion coin issuance limit and daily issuance rate of 108,000 DGB contribute to its controlled issuance volume, helping to maintain its value.

Oct 01, 2024 at 10:48 pm

DigiByte (DGB) Issuance Volume and Trading Platform Listings

1. DigiByte Issuance Volume

DigiByte has a limited issuance of 21 billion coins, with a daily issuance rate of 108,000 DGB. The total issuance volume since the network's launch in January 2014 has reached approximately 17.5 billion DGB.

2. Trading Platform Listings

DigiByte is currently listed on a wide range of reputable trading platforms, including:

• Binance
• KuCoin
• OKEx
• Huobi Global
• Poloniex
• Bittrex
• Gate.io
• HitBTC
• BitMart
• LBank

3. Daily Trading Volume

As of March 15, 2023, the daily trading volume for DGB across all exchanges combined is approximately $10-15 million. The majority of trading activity takes place on Binance, which currently accounts for over 90% of DGB's total trading volume.

4. Historical Trading Volume

DigiByte's trading volume has experienced significant fluctuations over the years. In January 2021, DGB's daily trading volume surged to a peak of over $100 million during the broader cryptocurrency market rally. However, volume has since declined and stabilized in the range of $10-15 million per day.

5. Factors Influencing Trading Volume

Several factors can influence DigiByte's trading volume, including:

• Market sentiment towards cryptocurrencies in general
• News and developments related to DigiByte
• The availability of DGB on reputable trading platforms
• The performance of other decentralized networks

6. Future Market Growth

The future growth of DigiByte's trading volume depends on a combination of factors, such as the adoption of DGB by businesses and applications, the development of the DigiByte ecosystem, and the overall performance of the broader cryptocurrency market.