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DigiByte As a Payment Method in Online Stores - DigiByte News, DGB Price Analysis. Wednesday, August 29

29 august 2018, 20:32 by Tim Jackson

DigiByte News

DigiByte As a Payment Method in Online Stores

Bitcoin SuperStore wants to make the cryptocurrencies more available and usable. They explain that: "Our team is dedicated to helping spread the usage of cryptocurrency as a true currency.  Spend and replace is our motto!"

Just recently, they have announced an official support for DGB cryptocurrency: "We are pleased to announce the addition of DigiByte to our platform. Our customers can now checkout at nearly any online retailer worldwide with DigiByte!" One of the community user has noticed that when the store added Nano coins, the market value has increased by almost 90%, however there could also be other factors contributing to that price change. Yet, any attempt of making the cryptocurrency widely available for the mainstream users can undoubtedly positively affect any project, especially as people will be able to spend their DGB for ordinary purchases, increasing the utility of the coin. As what is a use for a currency if one can't simply spend it? That has been always the concern with Bitcoin leading to many experts believing that the big price crash could be connected with the fact that more people wanted to use BTC for speculations and investments, rather than to spend it like any other currency.

The fact that DigiByte will be the payment choice among top coins such as Bitcoin, Ethereum or Litecoin and XRP is a great honour and huge opportunity. It also shows that the coin and its features are being noticed by various companies wanting to include it as well. Bitcoin SuperStore users can use it to buy good in more than 200,000 online shops. They also support most popular egift cards such as the ones from Walmart, Amazon, Nike or even Starbucks.

DigiByte Price

DGB Price Movement Analysis

One quick look at the DGB Price Chart already tells that the coin has made significant gains in last days. While the week started rather calmly, still struggling with the cryptomarket trying to figure out which direction it wants to go, the last days have made many investors and coin holders happy.

On August 24th, DGB was starting the journey from the lows of $0.0247, it then smoothly went up and hit $0.026 day later. The price then corrected a bit and even fell quite rapidly on August 26th, even below $0.0246. This drop has been used as a good opportunity for a bounce and DigiByte has used this momentum to increase its value with each day. First, it recovered to $0.0246, then moved up to $0.0272. On August 28th, DGB made the biggest and fastest price jump, as it went from$0.0267 to $0.0295 within few hours only. There, it seemed to have found a stable ground, as the coin didn't fluctuate too much during next two days.

DGB/USD Price Chart, Wednesday August 29th:

DigiByte DGB Price Chart

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