DGB

DGB


Price Prediction: is DGB a Good Investment Today in 2022, and in 2025, 2030?

By BittsAnalytics

June, 2023

Current price and other data:

Symbol Price change (1d) Price (USD) Price change (1 week) Sentiment Sentiment change (1d) Sentiment change (1 week) Tweets volume change Trading volume change Volatility MarketCap
DGB 0.00736856 -7.35-6.38 0.51.5 -0.5300 0.22.22 120054887



In this guide we will look at the DigiByte from several different perspectives:

  • social media analytics
  • pricing data
  • technical analysis
  • developer activity
  • news


Is DigiByte a good investment - what does social media tell us about this?

Social listening is a strategy that allows for the monitoring of social media channels to find out what people are saying about individual coins.

Our web platform collects this data non-stop, processing millions of social media posts each day.

From this social media data we determine:

  • number of times DigiByte or DGB is mentioned in social media posts
  • sentiment (positive or negative) of social posts in which DigiByte or DGB is mentioned (we use state-of-the-art machine learning model to compute sentiment of posts)
  • what are the most frequent words/topics mentioned in positive or negative sentiment posts that mention DigiByte or DGB. This allows our users to see which topics/news are positively / negatively impacting the price of DigiByte

Why can tracker of crypto social media mentions help?

Tracking of social media mentions helps, because the price of coins is often intertwined with activity on social media.

See in the chart below how there was years of disinterest in Dogecoin on social media, followed by spikes in social media mentions along with price rise:






Social media mentions of DigiByte

Let us now turn our attention to DigiByte. You can see the number of daily mentions of DigiByte and DGB in social media posts in the following chart.



Comparison of hourly number of mentions on social media of DigiByte and Bitcoin





Check video of our platform

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Social media sentiment of DigiByte

Daily social media sentiment of DigiByte and DGB is available in the following chart (for longer history dating back to 2017, subscribe to one of our plans):



Comparison of hourly sentiment of DGB and Bitcoin



The interesting development and insights can often be obtained from same data but based on smaller, hourly interval.

You can get the mentions and sentiment of coins on hourly level as well, by subscribing to one of our plans.

Interested in just the crypto sentiment of Bitcoin? Check out crypto sentiment analysis of bitcoin.



Analysis of most frequent words in positive/negative posts about DigiByte and DGB

As part of NLP analysis of social posts we determine the words that are most often found in positive and in negative social posts about DigiByte and DGB, using NLP analysis.

Words that are most frequently found in positive sentiment social posts about DigiByte and DGB are:

*, best, most, the, dgb, price, claimed, week, 💥, positive, top, market, one, recap, crypto, and, 🎉, digital, time, daily, engaged, 🔥, day, follow, twitter, blockchain, mentions, looking, technology, power, pushing, ☘, next, s, community, secure, usd, bullish, influencers, utxo, exchange, 👍, target, good, analyst, usdt, 👌, ltc, potential, support,

Words that are most frequently found in negative sentiment social posts DigiByte and DGB are:

unlock, zesty, faucet, free, digibyte, claiming, this, making, claim, tweet, new, like, signal, world, nft, last, it, great, t, 🙏, 👍, usd, usdt, influencers, bullish, good, cryptocurrency, exchange, let, ltc, utxo, analyst, target, secure, 👌, every, shot, exciting, seems, group, total, support, potential, community, s, next, ☘, power, pushing, looking,

See the 2D chart displaying full word analysis of social posts for this coin:







Interesting Reddit posts about DigiByte

We collect interesting Reddit posts about DigiByte, here is our selection of posts:

Reddit post



DigiByte technical analysis view

Using trading data, we compute potential support and resistance levels for all cryptocurrencies, current chart for DigiByte:



Important technical analysis method is chart patterns analysis. We use AI to detect various chart patterns, here is the chart showing trendlines for DigiByte:





Bull and bear markets of DigiByte

A bull market is a period of general rising prices in the crypto, stock or any other financial market. A bull market is typically preceded by a bear market and followed by a bear market.

We define a bull market as appreciation of price by more than 30% and bear market a period when the prices fall by more than 30%.

DigiByte has experienced a number of bull and bear markets in the past, see chart below:



2017-03-10
2017-06-08
2017-11-02
2018-01-06
2015-08-25
2015-10-17



What is DigiByte biggest bull run ?

DigiByte biggest bull run started on Mar 10th, 2017 and ended on Jun 8th, 2017.

During this time, the price of DigiByte increased from 0.0002 USD to 0.0618 USD, resulting in a return of 31145.5 %.



What is DigiByte 2nd biggest bull run ?

DigiByte 2nd biggest bull run started on Nov 2nd, 2017 and ended on Jan 6th, 2018.

During this time, the price of DigiByte increased from 0.0078 USD to 0.1352 USD, resulting in a return of 1625.1 %.



Historical bull and bear markets of DigiByte:

Symbol Start Date End Date Start Price End Price Return
DGB 2014-02-062014-02-220.001488820.0002621140
DGB 2014-02-062014-02-060.001488820.001488820
DGB 2014-02-222014-02-270.0002621140.0005340331.0374073876252
DGB 2014-02-272014-03-050.0005340330.000269577-0.49520535247822
DGB 2014-03-052014-03-140.0002695770.0004944720.83425143836455
DGB 2014-03-142014-04-030.0004944729.65169E-5-0.80480815900597
DGB 2014-04-032014-04-219.65169E-50.0002126951.2037073300116
DGB 2014-04-212014-04-280.0002126950.000124407-0.41509203319307
DGB 2014-04-282014-05-010.0001244070.0003428241.755664874163
DGB 2014-05-012014-05-150.0003428240.000191834-0.44043007490724
DGB 2014-05-152014-06-030.0001918340.0004805051761.5047967305066
DGB 2014-06-032014-09-090.0004805051768.0212552699954E-5-0.83306620468131
DGB 2014-09-092014-09-128.0212552699954E-50.00014335348452790.78717020843524
DGB 2014-09-122014-10-300.00014335348452794.4678503773706E-5-0.68833332568899
DGB 2014-10-302014-11-094.4678503773706E-58.6692224217994E-50.94035647785086
DGB 2014-11-092014-11-268.6692224217994E-54.389192E-5-0.49370407327847
DGB 2014-11-262014-11-304.389192E-57.9925408907212E-50.82095950478385
DGB 2014-11-302014-12-257.9925408907212E-53.6243436451453E-5-0.54653423802274
DGB 2014-12-252015-01-093.6243436451453E-55.1750313662021E-50.42785339164344
DGB 2015-01-092015-01-145.1750313662021E-53.0986622078747E-5-0.40122832334661
DGB 2015-01-142015-02-073.0986622078747E-50.0002044848194925.599132327891
DGB 2015-02-072015-02-200.0002044848194920.000106567530784-0.47884869376248
DGB 2015-02-202015-03-140.0001065675307840.00020810151456360.95276659816204
DGB 2015-03-142015-08-250.00020810151456364.426566E-5-0.78728814111311
DGB 2015-08-252015-10-174.426566E-50.00041410693025078.3550379741475
DGB 2015-10-172015-10-200.00041410693025070.0002040890966237-0.50715846146273
DGB 2015-10-202015-11-030.00020408909662370.00044142850407181.1629205644714
DGB 2015-11-032015-12-220.00044142850407180.0001254087323165-0.71590250480041
DGB 2015-12-222016-01-100.00012540873231650.00021366773457960.70377078719173
DGB 2016-01-102016-01-190.00021366773457960.0001212848-0.43236726762404
DGB 2016-01-192016-02-120.00012128480.00034245795783151.8235851304656
DGB 2016-02-122016-02-210.00034245795783150.0001973925-0.42360077934844
DGB 2016-02-212016-03-280.00019739250.00066750872574132.3816316513611
DGB 2016-03-282016-05-160.00066750872574130.0002589170551436-0.6121143512303
DGB 2016-05-162016-06-300.00025891705514360.00045587150839920.76068551431023
DGB 2016-06-302016-08-020.00045587150839920.000263705088-0.42153636903959
DGB 2016-08-022016-10-150.0002637050880.00039981855307380.51615790239815
DGB 2016-10-152016-12-260.00039981855307380.000207599449-0.48076584389599
DGB 2016-12-262017-01-080.0002075994490.00035415314999990.70594455672134
DGB 2017-01-082017-03-100.00035415314999990.0001978716599999-0.44128222493586
DGB 2017-03-102017-06-080.00019787165999990.061825985592419311.45498012424
DGB 2017-06-082017-07-160.0618259855924190.009212235751587-0.85099734903835
DGB 2017-07-162017-07-240.0092122357515870.0218688170656981.3738881261186
DGB 2017-07-242017-08-140.0218688170656980.011540817773353-0.47227059704774
DGB 2017-08-142017-09-030.0115408177733530.0252734046220361.1899145379794
DGB 2017-09-032017-09-140.0252734046220360.010751708184452-0.57458409956063
DGB 2017-09-142017-10-010.0107517081844520.0177551090737270.65137564832746
DGB 2017-10-012017-11-020.0177551090737270.0078394055137166-0.5584704390627
DGB 2017-11-022018-01-060.00783940551371660.1352354630122416.250729379367
DGB 2018-01-062018-02-060.135235463012240.026250761564592-0.80588847791932
DGB 2018-02-062018-02-180.0262507615645920.0487613595026860.85752170971132
DGB 2018-02-182018-04-070.0487613595026860.017213007572276-0.64699492081782
DGB 2018-04-072018-05-050.0172130075722760.0487603107370891.832759500764
DGB 2018-05-052018-06-250.0487603107370890.019912474941191-0.59162534774321
DGB 2018-06-252018-07-200.0199124749411910.0470248955341611.3615796465805
DGB 2018-07-202018-08-150.0470248955341610.022258650168308-0.52666242177745
DGB 2018-08-152018-09-020.0222586501683080.0340642766283260.53038375511319
DGB 2018-09-022018-12-150.0340642766283260.0077977164070572-0.77108815513279
DGB 2018-12-152019-05-280.00779771640705720.0166975605887821.14133981247
DGB 2019-05-282019-10-070.0166975605887820.0061935973840826-0.62907172271357
DGB 2019-10-072019-10-120.00619359738408260.00938519501525090.51530595762822
DGB 2019-10-122020-01-030.00938519501525090.0052293543387162-0.44280813235969
DGB 2020-01-032020-02-150.00522935433871620.00812181406896440.55311985818851
DGB 2020-02-152020-03-130.00812181406896440.002990621281631-0.63177914980116
DGB 2020-03-132020-05-080.0029906212816310.0243814304775837.152630567882
DGB 2020-05-082020-05-220.0243814304775830.013811818556256-0.43351073806131
DGB 2020-05-222020-08-170.0138118185562560.0366137355121361.6508989647531
DGB 2020-08-172020-09-160.0366137355121360.020965663469854-0.42738256076316
DGB 2020-09-162020-09-210.0209656634698540.029442020666480.40429711221941
DGB 2020-09-212020-11-160.029442020666480.018600565184656-0.3682306864952
DGB 2020-11-162021-02-200.0186005651846560.0837835603882343.5043556234166
DGB 2021-02-202021-03-010.0837835603882340.051141107209602-0.38960451223814
DGB 2021-03-012021-05-030.0511411072096020.157405897973592.0778742690976
DGB 2021-05-032021-07-210.157405897973590.033961194788898-0.78424445826931
DGB 2021-07-212021-09-070.0339611947888980.0786785396829081.3167188366596
DGB 2021-09-072021-09-290.0786785396829080.04169813439033-0.4700189586845
DGB 2021-09-292021-11-120.041698134390330.068055562639970.63210089935708


Other sources of historical data: DigiByte free historical data for download

DigiByte cryptocurrency API data

Download historical bull and bear markets data for DigiByte by clicking on the button below :


Get csv of bull and bear markets

Sentiment of cryptocurrency news about DigiByte and DGB

We also compute sentiment for all the news that mention DigiByte and DGB. Here is an example of recent, sentiment annotated news about DigiByte:

News Published
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0

DigiByte price prediction - 2022, 2025, 2030

There are many possible approaches to price prediction of DigiByte. Many of our clients decide to generate price predictions by using our API to download vast amounts of data we have accumulated since 2017 and then develop trading models using our data.

For backtesting, there are many excellent open source libraries available:








DigiByte quick facts

Website Total supply Available supply Is minable? Proof type Algorithm Explorer
http://www.digibyte.co/ 14651580228.327 14651580228.327 PoW Multiple





Is DGB a good investment - quickly compare DigiByte to other cryptocurrencies


The best ways to compare coins for potential are available if you subscribe to one of our plans.

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Audius price prediction 2022, 2025, 2030 $0.218 -7.7 -45.2 60.4 228.8    Audius Sentiment Index Chart
Compound price prediction 2022, 2025, 2030 $33.27 -5.5 -30.0 65.3 228.0    Compound Sentiment Index Chart
Ravencoin price prediction 2022, 2025, 2030 $0.0191 -6.8 810.2 60.0 227.6    Ravencoin Sentiment Index Chart
Terra price prediction 2022, 2025, 2030 $0.776 -11.1 -74.7 59.2 220.4    Terra Sentiment Index Chart
SingularityNET price prediction 2022, 2025, 2030 $0.250 6.7 14.1 5.3 216.8    SingularityNET Sentiment Index Chart
Bitcoin Gold price prediction 2022, 2025, 2030 $12.33 -1.6 91.1 48.0 216.1    Bitcoin Gold Sentiment Index Chart
IoTeX price prediction 2022, 2025, 2030 $0.0225 -5.3 -36.8 20.6 212.5    IoTeX Sentiment Index Chart
ICON price prediction 2022, 2025, 2030 $0.222 -7.5 -60.0 72.3 212.3    ICON Sentiment Index Chart
Decred price prediction 2022, 2025, 2030 $13.92 -9.7 -20.1 31.4 208.8    Decred Sentiment Index Chart
JUST price prediction 2022, 2025, 2030 $0.0234 -3.9 -35.5 62.9 208.4    JUST Sentiment Index Chart

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BittsAnalytics, developed by the company Alpha Quantum, is a leading analytics platform for cryptocurrencies, delivering social sentiment and other cryptocurrencies data since 2017. Homepage:
www.bittsanalytics.com

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Alpha Quantum
Franz-Joseph-Str.11
Munich
Germany

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