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Main Reasons why Digibyte (DGB) is the most stable coin ripe for Investing

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Digibyte
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Since it’s founding by Jared Tate back in 2014, Digibyte has been aiming at being the most stable, secure and fastest virtual token. So far, the DGB coin is trading at about $0.03 on CoinMarketCap. Although its current price is a far cry from where it was at the beginning of the year, $0.1 to be specific, Digibyte has still shown much improvement both in terms of market capitalization as well as platform development. In fact, the company’s founder has been invited severally to speak in prestigious universities about Digibyte’s Blockchain technology.

But what really makes Digibyte a stable coin? Well, Digibyte boasts of a unique set of features positioned to make DGB the Blockchain network of the future. In addition, the last 5 years of its platform development have been full of creation and development of unique problem-solving innovations. Let’s take a look.

Manageable units for the long haul

If you are looking for a stable cryptocurrency to hodl, DGB makes a practical pick for a good reason. Just like Bitcoin, DGB comes with a limited supply set at a total of 21 billion Digibytes. These DGB coins are set to be created over a period of 21 years making it one of the best coins to mine and hold at the moment. On top of that, the DGB Blockchain network features multi-algorithm mining to enable security on the network not to mention a DDoS attack deterring system on a proof of work protocol.

In fact, if you are looking to mine DGB, you will appreciate the fact that the DGB Blockchain is among the fastest networks ranked 40 times faster than Bitcoin according to coinranking.com.  Traders, on the other hand, will also appreciate these speeds as it comes with low fees.

Digibyte applying a forward-thinking approach

Apart from establishing a 90% fix on all possible vulnerabilities on the Digibyte Blockchain, the platform is developed with forward-thinking principles such as the integration of IoT devices into the DGB, Blockchain, and, a combination of Artificial Intelligence (AI) with Blockchain technology. Basically, Digibyte hopes to achieve the title of the most advanced Blockchain in terms of interoperability, and scalability. And the Digibyte platform has developed the Digi-ID authenticator that is one among many features that give users a seamless and intuitive experience.

Conclusion

Digibytes growth has been nothing short of tremendous. Within the past few months, the coin has managed to grow in leaps and bounds making it possible to share value online almost as easily as you would traditional fiat currency. Already the crypto community has begun to laud the platform’s growth as a needed solution in the crypto space. For now, however, it’s a wait-and-see approach as the DGB team sets to implement more development on its platform.

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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

Cryptocurrency Collateralized Debt Positions Are Growing in Popularity

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collateralized debt position
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While Bitcoin (BTC) continues to hover around the magical 10,000 price level, altcoins continue to fight an uphill battle.  Simply put, hopes of a future bull run continue to diminish as Bitcoin maintains its dominance.  One school of thought is that a few altcoins will survive and flourish, but which ones are anyone’s guess.  That being said, it’s hard to go wrong picking against the top coins like Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and EOS.  These projects have managed to find a foothold in the market and have a better chance than most of staying there.  While traders wait for their positions to increase in value, one opportunity that may be worth looking at is initiating a collateralized debt position.

What is a Cryptocurrency CDP?

In traditional terms, a CDP is essentially putting up collateral in order to receive a loan against the deposited amount.  There are several examples of this in our day to day lives.  Auto title loans from large companies like TitleMax are extremely popular with consumers.  Consumers are essentially able to use their car as collateral in exchange for a cash payment which can then be used for whatever needs the consumer has.  The consumer can continue using their car as long as debt payments are made.

The same concept applies to cryptocurrency CDPs.  Consumers are able to put up crypto tokens, such as…

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Altcoins

Hodium Presents a Compelling Opportunity for Outsized Investment Returns

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Hodium
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I’m sure all of us remember the cryptocurrency glory days of 2017 and early 2018.  It was one of the biggest bull runs in history and created incredibly wealth for quite a few early entrants.  Unfortunately, for most of us, those gains have most likely been wiped out during the altcoin apocalypse.  The truth is that traders probably thought a bit too highly of their trading abilities when the reality was that anyone could have thrown a dart at a board and ended up making money.

As markets mature (and the crypto market is definitely maturing) it becomes more and more difficult to generate alpha.  In that regard, it’s similar to traditional financial markets.  I can remember trading during my high school days.  It was the late 90s and right in the middle of the dot.com boom.  Eventually, however, the euphoria fades away and reality hits hard.  Now, it’s become rather difficult to actually trade profitably which has given way to the rise of hedge funds.

Hedge funds are investment funds that pool capital from accredited and/or institutional investors and invest in a variety of assets, often with extremely complex portfolio-construction and risk management techniques.  The professionals employed by hedge funds are the best of the best and have spent years honing their craft.  That is why they’re able to make the millions of dollars that they normally…

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Altcoins

KaratGold Proves Its Business Model By Providing Official Documents

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There has been a lot of renewed enthusiasm in the cryptocurrency market thanks mainly to Bitcoin’s strong move about 10,000.  Although Bitcoin continues to show its dominance, the altcoin market has yet to benefit from that rally.  A few of the largest altcoins remain popular but the rest of the market continues to lag behind.  In 2018, there was a lot of talk regarding a possible altcoin apocalypse where only the strong would survive.  That prediction appears to be playing out as expected.  Going forward, only the best projects that have a real world need will survive.  Crypto traders will have to spend a lot of their time doing proper research in order to find the best opportunities, just like in all financial markets.  One promising project that appears to have the makings of a future winner is KaratGold Coin.

KaratGold Background

KaratGold Coin is a cryptocurrency developed by the reputable German company Karatbars International, which maintains a leading position in the market of small gold items and investments. The project is part of a larger ecosystem, which involves several blockchain solutions that can be used for transactions, communication, investing and other tasks. During the past few weeks, however, the KaratGold ecosystem has been a target of unsavory scam allegations.  

Karatbars International and GSB Gold Standard Banking Corporation…

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