Cryptocurrency organizations consider several factors in their mission to come out on top. The Digibyte community is one of the more popular user bases that has worked in tandem with the official company to create on-ground movements. A recent report by LunarCRUSH pointed out that the Digibyte community in 2019 had created a new social volume record on Christmas Day.
On December 25, 2019, the community created 6128 unique social posts within the Digibyte ecosystem with the bullish sentiment hitting an all-time high three days later on December 28. Some users within the ecosystem have claimed that users were in for a massive surprise in the 3rd or 4th quarter of 2020, although there was no mention of any specifics.
The DGB token was trading for $0.0056 at press time with a volatility of 0.015. The 2.86 percent hike in price over a 24-hour spectrum had also increased the market cap to $68.68 million and a daily market volume of $310.07k. The social scores were calculated on the ‘Galaxy Score’ meter with the points standing at 56 during press time. According to the metrics, the higher the score the better. The score is important for DigiByte because it is a modification of the Bitcoin protocol design that adjusts confirmation speeds and security assurances when transacting on the base layer.
LunarCRUSH had earlier reported on DigiBytes; performance in the first week of December where the social volume hit an ATH of 7902 posts. The shared links list also hit an ATH of 867 on December 8 with the bullish sentiment peaking on the same day.
DigiByte was also in the news recently when its Founder Jared Tate spoke about the problems related to its listing on Binance as well as the limiters that people put on cryptocurrency organizations. An earlier tweet of his read:
“I’m disgusted by all these #TRON trolls/bots attacking me and hyping a 100% premined and completely centralized network like its the most decentralized gift from god. Now #Poloniex has turned into a $TRX shill factory after making off w/ US customers sensitive data.”
