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Digitex Price Prediction: What Awaits In The Future?

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Digitex price prediction

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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3 Reasons Why WISE Token Could Be a Massive Winner in 2021

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WISE token

After working in proprietary trading for over a decade, I decided to transition to crypto in early 2017.  Although crypto is significantly different from traditional capital markets, I managed to successfully find a niche for successful and opportunistic trading.  While 2017 was the perfect time to get involved, the past few years have proven to be a bit more challenging as far as generating ROI.

Cryptocurrency traders have spent the past several years searching far and wide for the next big winner.  While the market as a whole hasn’t been very bull friendly, one specific area that appears to be gaining traction is decentralized finance, more commonly known as DeFi.  This area generally refers to the digital assets and financial smart contracts, protocols, and decentralized applications (DApps) built on Ethereum.  The reason why so many crypto entrepreneurs are flocking to this space is that it allows them to create traditional financial vehicles in a decentralized network, outside the meddlesome control of foreign governments.

One extremely popular DeFi project is Chainlink (LINK) which is a decentralized oracle network that provides real-world data to smart contracts on the blockchain.  Chainlink has seen its token price increase by more than 300% year-to-date.    Another impressive project in the space is Kyber Network (KNC) which has seen its token soar from $0.20 at the start of the year to more than $1.60 at present.  Kyber Network’s on-chain liquidity protocol allows decentralized tokens swaps to be…

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Lotto Nation is Revolutionizing the Traditional Lottery Industry

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Lotto Nation

As the global economy continues to deal with the economic fallout due to the ongoing pandemic, companies are coming to terms with the fact that normalcy may not return for quite a while.  Many economists are wondering how the business landscape will look a year or more from now.  It’s certainly possible that many businesses, such as retailers and restaurants, may be unable to survive the current downturn.  But while some businesses will falter, others will emerge stronger than ever.

Traditionally, when economies go through a severe downturn, companies adapt.  Those that maintain the status quo usually have great difficulty while those that adapt prosper and conquer.  One possible example of this is Lotto Nation.  Thanks to the entrepreneurial skills of Nils Thomson, the Founder and CEO of Lotto Nation, the company is attempting to completely modernize the traditional lottery industry.

Current Lottery Model is Severely Outdated

It’s safe to say that nearly every human that has ever walked the earth has fantasized about winning the massive jackpot that would completely change their life.  These dreams have turned the global lottery industry into a $302 billion market that is expected to reach $380 billion by 2025.  Despite this predicted growth, the industry suffers from a variety of problems that are preventing it from really exploding.

Perhaps the biggest problem is that traditional lotteries are centralized.  Because of this, there is essentially no oversight on what a lottery provider…

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Aluna.Social is a Compelling Social Platform for Crypto Traders and Investors

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Aluna.Social

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.

Mission Statement

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, unlock their full potential, and improve trading performance.  Cryptocurrency trading can…

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