DigiByte (DGB) holders must feel ecstatic as DGB just went over 20% against the dollar in the last 24 hours. Although the market has finally seen a rebound that probably won’t get to stick around for longer than 48 hours as per tradition, DGB is rising up against the fiat with above the average pace of growth during the last day most possibly due to the most recently announced integrations, which also includes being paired up with XRP on Coinome exchange.
Although being added to the list of new trading pairs for the world’s third top cryptocurrency, it seems that this addition couldn’t have been enough to push DGB towards acquiring over 20% in a single day, so all heads are turned towards the latest integration with UTRUST, suggesting that the latest gains for DigiByte in the market have everything to do with the mentioned adoption of DGB.
DigiByte Sky Rocketing: Is UTRUST “Responsible”?
Despite the odds due to the hegemony of frequent sluggish trend in the market, DigiByte was marked as one of the rare currencies that have managed to mark a steady pace of growth over the last 7 days.
While the market was severely going down against the dollar with a lonely rise here and there, DigiByte has acquired an amazing sum of 30% given in weekly gains without counting the additional 20% that came in the last 24 hours.
What makes the latest gain more than interesting, although the atmosphere in the market seems to be positive, is the fact that the time of the latest gain matches the time when the UTRUST integration was officially announced and confirmed.
Integrations, as well as listings and partnerships, play a major role in a “life” of a currency and blockchain startup, so each integration counts as crucial part of the further development and adoption of the given digital asset.
That is how it becomes more likely that the UTRUST integration was the trigger that set off the much-needed boost for DGB, complimenting the gains that DigiByte (DGB) has collected over the last week.
UTRUST is known as a payment platform specialized in cryptocurrencies, allowing its users to directly exchange their cryptos for fiat values. The platform seems to be more than a trusted home of crypto-fiat direct exchange, which is mirrored in the fact that DigiByte jumped by 20% in a single day since the announcement was made official by the representatives of both companies.
To confirm this was not a coincidence, it would be useful to mention that UTRUST added NPXS tokens to its platform where this token became available for direct fiat exchange immediately sky-rocketed to the top 40 list.
DGB representatives have stated that UTRUST makes a crucial part of their adoption strategy, adding that they are aiming at working further towards developing a trusted open source decentralized ecosystem that will not only allow blockchain adoption and utilization but also change the world for better.
To complement the latest integration of DGB to UTRUST, DigiByte has also been added as one of the trading pairs with Ripple, which is one of the most frequently adopted technologies across a wide circle of financial institutions and banks.
Coinome, which is a cryptocurrency exchange based in India, has just announced new trading pairs for XRP, adding DGB as one of the pairs for Ripple, that way also consequently increasing its accessibility and exposure in the market.
What is Next for DigiByte (DGB)?
DigiByte has been trading in the market for 4 years already, constantly working on novelties, innovations, and improvements, while they still have some significant milestones as a part of their roadmap, waiting to be completed.
Several weeks ago, DGB announced maintaining the network while implementing changes in order to bring a fair level of competitiveness to DGB miners. A couple of days ago, the team behind DigiByte has announced that DGB miners are now welcome to start mining DigiByte having AMD and NVIDIA GPUs now supported with the renewed requirements for mining of this digital asset.
While the competitiveness rate is now significantly lowered when it comes to mining DGB by removing the factor of the presence of ASIC miners, DigiByte is embracing DGB adoption while making promising partnerships that could further skyrocket this asset above its all-time high and straight towards a symbolic value of 1$ per one DGB.
It seems that the near future development of DigiByte (DGB) set for the fall of the following year will be focused on the further expansion of the DGB core protocol.
The final results of the upcoming milestone set for the fall will serve the purpose of supporting the community development while promoting participation of DGB community members
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