This morning it became apparent that the cryptocoin called DigiByte ($DGB) was set to skyrocket in price. In the past 24 hours, the price of the coin went up a cool 43%, and beat its own previous top price (from May 21st) – once, and hasn’t looked back since. But why – why has DigiByte suddenly turned into the third most traded coin on the market overnight? We’ve got a few answers.
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- Minecraft Integration
There’s some confusion when it comes to this particular point, but the end result is the same – DigiByte will indeed have their own Minecraft server soon. To be super clear, this does not mean that Mojang nor Microsoft are affiliated with DigiByte, nor the other way around. This has nothing to do – nothing directly, anyway – to do with the release of the Minecraft Marketplace this week, the Discovery Update 1.1, or Minecraft Coins.
The Minecraft DigiByte server will be housed at Mine That Digi and it’ll be launched on the 10th of June, 2017. That’ll coincide with the event taking place on the 9th with Citi. This is just one part of the puzzle.
The reason this Minecraft announcement has caught on in the crypto-hype market is its perfect timing with the two events mentioned above. Minecraft Marketplace with Minecraft Coins launched this week on Bedrock Platforms, and DigiByte (official) is going to make a presentation at a Citi event.
UPDATE: Just for kicks we’ve also reached out the the Minecraft team at Microsoft to ask if any DigiByte business was coming to Minecraft in the near future. They said that this was “the first they’d heard of it”. So that’ll be a final nail in the coffin of that particular angle.