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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.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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