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Digitex Price Prediction: What Awaits In The Future?

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Digitex price prediction
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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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Altcoins

Top 3 Coins to Buy Before They Go Big

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Crypto bulls are back, that much is clear. The long-lasting, harsh crypto winter is gone, and the new era in digital currency sector opens up some rather interesting opportunities. With many more bull runs expected to come in months ahead, a lot of coins are likely to blow up and maybe even hit new all-time highs, although that still remains purely theoretical.

On the other hand, the fact is that numerous coins are seeing prices that were not achieved since early 2018, and the overall momentum remains bullish. With that in mind, even if new records do not come for a very long time — chances are that many of the coins will blow up enough for investors to see some serious gains in months to come. As a result, investing in some of these coins now might be a very profitable decision, for those who have the patience to wait a few months. Here are some of the projects believed to have the greatest potential to go big in the second half of 2019 and beyond.

1. TRON (TRX)

Putting TRON on the list should not really surprise anyone, as the project constantly comes up with new project updates, partnerships, and alike. It also constantly breaks records, as is becoming one of the biggest players in the dApp and smart contract development sector.

In the past few…

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Altcoins

TRON (TRX) Is Likely to Go Big in June

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We are now halfway through 2019, and the situation in the crypto space is better than ever in the past year. Numerous cryptos are seeing large gains, often cut by brief periods of stagnation or small corrections, but the overall sentiment is obviously bullish.

Bitcoin sits way above the $8k mark, and while it struggles to go beyond $8,700, it is still trying to grow. Investors and analysts are quite bullish regarding the foreseeable future, and a lot of altcoins are expected to follow BTC in this regard. However, today, we would like to talk about one particular altcoin — TRON (TRX) — as well as why it is likely to go big in June.

TRON’s progress so far

As many people in and out of TRON community know, TRX is not a project that often sits still. It is rich with announcements, particularly when it comes to his CEO, Justin Sun, whose enthusiastic tweets often seem like hype building to many.

However, TRON made some massive progress in 2018, which was the worst year cryptocurrencies have ever seen. This is not something that can be achieved through hype alone, and the project needs to have true quality and value in order to see such massive development in the middle of the longest and harshest crypto winter in…

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Altcoins

IOTA (MIOTA) Pending Update Might Bring Huge Gains in Days to Come

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The crypto space is erupting once again, and if popular predictions are correct — the growth is only starting. However, in the vast sea of altcoins that hold the massive potential to go big in the future, we would like to set IOTA aside as one of the coins that might blow up quite soon.

As always, there are no guarantees of this, as the crypto space still lacks regulations, and remains highly volatile. To see proof of this, all you need to do is look at Bitcoin, which goes up by $1,000 within a day, only to slowly drop by $700 in the following week, and then repeat the process. In other words, there is still a lot of uncertainty regarding any project, and that includes IOTA.

However, even with all of that in mind, many are quite optimistic about this particular project, especially after a recent announcement. The announcement in question indicates that IOTA is about to see a massive upgrade. In most cases, this would be more than enough of a reason to expect the coin to start performing better. But, in IOTA’s case, this is nearly a guarantee that it will.

The update is believed to carry a lot of fixes for a lot of problems that traders and investors have been reporting for a while. No crypto is perfect, and since IOTA is…

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