Plenty of start-ups have been mushrooming over the years in the ever-evolving crypto world. Among a myriad of digital currencies, DigiByte is one rapidly growing open-source blockchain project that intends to overcome the flaws of its rivals.

The crypto bonanza continued this week, leading many investors to generate strong returns. Most of the top gainers were well-known players, especially those in the Solana ecosystem. Solana itself surged and became the fifth-biggest cryptocurrency in the world. Beneath the surface, several other cryptocurrencies have done well as the crypto rally gains steam.

DigiByte founder Jared Tate reportedly stepped down from the project after his investment of around $500,000 turned into $500. Tate started the project in 2014 as a fork of Litecoin.

From its inception in 2013 to the present day, DigiByte (DGB) has demonstrated a unique ability to survive numerous market crashes and thrive in the ever-evolving world of cryptocurrencies. As one of the early players in the crypto space, DigiByte's journey is a testament to its robust technology, strong community support, and innovative vision for the future of digital assets.

DigiByte and Sweatcoin have started the year pretty well

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Plenty of start-ups have been mushrooming over the years in the ever-evolving crypto world. Among a myriad of digital currencies, DigiByte is one rapidly growing open-source blockchain project that intends to overcome the flaws of its rivals.

The privacy coins monero and zcash managed to see fewer percentage losses against the U.S. dollar this week, in contrast to crypto assets like bitcoin, ethereum, and solana. Seven-day statistics indicate zcash has lost 5.6% against the USD, while monero dropped by 6.1%.

The past few hours have seen Digibyte price gaining by 7 per cent. The surge is the second consecutive day Digibyte is going up this week.

The Digibyte price history for the past few weeks has been interesting. In July, it has seen a resurgence, and it is currently up by 22 %

The Digibyte price prediction is for a steep drop to follow if the bulls fail to defend the current support successfully.