The ancient project DGB has gained momentum after listing on Binance

At 14:00 (UTC) on June 22, 2020, Binance announced the listing of DGB/BTC, DGB/BNB and DGB/BUSD trading pairs with a listing fee of 0.

The next day, DGB rose by 29.41%. Since January this year, the increase has reached 340%. DGB is currently ranked 36th on the CoinMarket market capitalization list with a market value of approximately US$271 million.

DigiByte price on June 22, 2020. (Source: CryptoSlate DGB)

DigiByte is a decentralized cryptocurrency network that attempted to compete with Bitcoin as early as 2013. DigiByte has five mining algorithms including SHA256, Scrypt, Skein, Qubit and Odocrypt, and rewards miners with extremely low transaction fees.

Although it has a huge community overseas, DGB has rarely been promoted in China, and can be regarded as a breath of fresh air among the early projects.