Crypto News Flash #206: Digibyte (DGB) Has Gone Bullish After Integration With UTrust (UTK) Confirmed
If you're closely monitoring the crypto market, then there are only a few coins which are rising even in current slightly Bearish market. Among those few coins, Digibyte (DGB) is one them.
Over past one week, Digitbyte is continuously rising in price. Everyone is talking about DGB and within this time frame, DGB has become 34th largest cryptocurrency by the market capitalisation. Currently holding $449 Million market capitalisation, DGB is among few coins right now which are in double digit green.
DGB spiked nearly by 50% against the USD moving from 0.027795 on July 3, 2018, to 0.04129 and 2,067,860 on July 5. This price spike in DGB is caused by its confirmed integration with Utrust (UTK).
Partnerships, Integrations, Mainnet and Hardforks are some highly influential news for a price increase in cryptocurrency. If market is healthy and sentiment is Bullish, these types of events generally cause a huge price spike in coin's price.
Well, apart from this integration news, DGB is rumored to be listed on Binance and this might be the main cause of heavy buying in this Alt coins since past one week. People are fomo-ing hard into this coins and that's why it is keep on rising.
Thanks for reading..!!
There may be again comes bull phase nut it will be temperory be aware