When it comes to investing in cryptocurrencies, one of the most important aspects is to decide what coin to invest in. It is in investors’ best interest to go for those coins that have a bright future ahead of them. This is why a lot of people aim to make long-term investments and build their wealth over time.
Lately, many investors noticed an aspiring coin by the name of Digitex Futures (DGTX). The coin is young, and rather unique since it is the currency used on Adam Todd’s first ever commission-free futures exchange. Due to its important purpose in this exchange, investors have started making inquiries about Digitex price prediction.
About Digitex token
Digitex (DGTX) is a native cryptocurrency of a new, commission-free futures exchange. All profits and losses that traders make on this exchange are paid out in DGTX coins. This also means that DGTX coins are necessary to enter the trade in the first place, which creates a demand for Digitex. Also, DGTX is an ERC-223 token, which means that it was created on Ethereum’s blockchain.
In addition, Digitex also covers different costs, such as running the exchange. It does this by creating a small number of new coins every year, which means that transaction fees are not experiencing any changes. This is important because Digitex Futures Exchange does not charge transaction fees, and thanks to DGTX, it will never have to.
Digitex price predictions
DGTX became very well-known in 2018 thanks to the fact that it dramatically outperformed every large cryptocurrency this year. At the time of writing, DGTX has a price of $0.129061 per coin, which is not especially big, but the coin’s use case makes it very desirable. It is currently growing against USD, BTC, and ETH alike, and it is currently holding the rank of 69 on CoinMarketCap.
The coin’s excellent performance is due to the fact that the Digitex team, led by Adam Todd, has been very successful at disrupting the futures industry via their employment of blockchain. Since their platform has attracted a lot of attention, so did its native coin.
This means that the coin’s price will likely continue to grow throughout the rest of 2018. As for 2019, it is difficult to make accurate predictions, since the crypto market is known for volatility and significant changes caused by small events. However, DGTX trading volume often exceeds $1 million per day, with the volume in the last day being over $1.1 million.
Analysts claim that volume is going to get even higher as the demand for this coin grows, As a result, the price is likely to follow, and maybe even lead to a full bull run.
Most experts agree that, in 1 year, DGTX price will likely reach around $0.384. However, a Digitex price prediction for 2023 is much more promising, and it places the coin’s value at $1.20. This makes 2018 the best time for investing in this crypto. It has already demonstrated that there is a significant demand for it, and that is a well-designed coin, backed by a good team, and necessary for operating on Digitex exchange. In a way, this guarantees its future. While predictions are not the most accurate due to obvious reasons, analysts and crypto experts all share a positive view of this coin, which has only increased its popularity.
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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.
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Aluna.Social is a Compelling Social Platform for Crypto Traders and Investors
When one thinks about the social media landscape, the companies that first come to mind are most likely Facebook, Instagram, LinkedIn, and Snapchat. These platforms are a great way to stay connected with friends, families, and colleagues, especially when geographic distance is a factor. But, in addition to just chatting about life in general and sharing pictures, social media can be used to bridge the information gap that exists within the investment community.
Over the last decade, many trading offices have been established in large cities all over the world which allow solo traders and investors to pay a monthly fee in exchange for a workspace. The real benefit to trading in these offices is to participate in the free flow of trading ideas and information. Proprietary trading is one of the most challenging careers to be successful at and the exchange of ideas is almost required in order to succeed. Traders at hedge funds and investment banks work in teams so why shouldn’t remote traders?
While these trading offices are a great way to help bridge the information gap, Aluna.Social may provide an even better way, especially as it relates to cryptocurrency trading.
Aluna.Social, founded by Alvin Lee and Henrique Matias, is a multi-exchange social trading terminal for crypto traders and investors. The goal of the platform is to help newcomers shorten their learning curve,…
CoinFlip Scores Big with BRD Wallet Partnership
As the crypto markets move closer to mass adoption, one of the keys for future success will revolve around attracting as many market participants as possible. While many crypto users are extremely tech oriented, a lot of those on the sidelines are not. The cause of waiting on the sidelines could be due to a variety of reasons such as fear of the unknown, lack of knowledge, age, or a combination of all of the above. In order to entice new users to join the crypto revolution, crypto ATMs are rising up across the country. Of those, the largest and most influential crypto ATM company by a significant margin is CoinFlip.
In early October, CoinFlip announced on its Twitter that it had officially partnered with BRD Wallet to re-introduce their crypto ATM map. Now, BRD wallet users will be able to locate their nearest CoinFlip ATM and receive a 10% discount for both buys and sells. BRD brand awareness is growing quickly within the crypto community thanks to its innovative and entrepreneurial spirit. The team strongly believes in the value of financial freedom and independence, and want to empower people across the world by leveraging the possibilities that Bitcoin and other cryptocurrencies provide.
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Can Libra help the crypto industry to reach new heights?
The market for cryptocurrencies started with the launch of Bitcoin in 2009, and since then, so many cryptocurrencies have been launched that it gets hard to keep track of them. The crypto market has seen massive growth in the past 3-4 years as it started gaining attention from mass media, which helped in this boom.
From the past 2-3 years, several new cryptocurrency projects were launching in the market. Amid all this, the social media giant – Facebook announced the launch of their cryptocurrency platform, and this news got viral like wildfire. The announcement came forward in June, and the upcoming cryptocurrency is known as Libra, and it’ll come with its dedicated wallet called Calibra.
What is Libra?
Libra is a permissioned blockchain-based digital currency which is being developed under the supervision of Facebook’s vice president, David A. Marcus. The cryptocurrency is under development in partnership with an independent, non-profit member Libra Association. Facebook is the second member of the project, and these companies aim to use Facebook’s user base for the promotion of the digital currency when it is launched. The transactions and the cryptocurrency will be managed and cryptographically entrusted by the Libra Association.
Note: Libra Association was established by Facebook to look after the cryptocurrency and the transactions, and it was founded in Geneva, Switzerland.
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