dgb crypto latest news
3/25/2025 08:29pm
Here is some latest news about DGB crypto:
1. **Price Surge and Upgrade Approval**: DigiByte's native token, DGB, experienced a significant price increase of 13% following the approval of an upgrade, hitting a weekly high. The Taproot activation upgrade, similar to Bitcoin's, was implemented, potentially enhancing the protocol's technology, speed, and security.
2. **Market Performance and Trading Volume**: DGB has shown volatile trading activity. While it traded up by 6.2% on a specific day, it also experienced a 7.4% decline over another week. The token's market cap saw fluctuations, with a high of $162 million and a low of $139.58 million, indicating a period of heightened volatility.
3. **Community and Development**: The DigiByte community is active, with a strong presence on platforms like Reddit and GitHub. The release of DigiByte Core V8.22 in January 2025 was anticipated to improve the blockchain's technology, potentially leading to increased investor interest.
In conclusion, DGB has seen recent positive momentum with the approval of the Taproot activation upgrade leading to a notable price increase. However, the cryptocurrency's market value has been subject to fluctuations, reflecting broader market dynamics and investor sentiment. The ongoing development efforts by the DigiByte community could influence the token's future performance.