While Bitcoin is the largest and most talked-about currency in the crypto space, it is not the only profitable investment option. After the record-high performance of Bitcoin in 2017, it has been a disappointing year for Bitcoin followers. Over the years, the market has evolved to accommodate thousands of new altcoins which aim to bring outstanding innovations in the realm of the blockchain. Discernibly, DigiByte ranks among the top-performing currencies in the market and its team focuses on delivering a secure, faster, and avant-garde blockchain solution to crypto enthusiasts.
DigiByte, a cryptocurrency on the rise, aims to develop an alternative blockchain solution for new age investors. Functional since 2014, the cryptocurrency has been in existence for four years, cementing its place as the fastest and most secure UTXO blockchain in circulation. In the highly volatile world of cryptocurrencies, factors like tight security protocols and advanced algorithm play a pivotal role in influencing investments. By placing security before everything else, DigiByte team’s primary objective is to deliver highly secure services to investors. DigiByte’s rapid rise to fame as the public decentralized blockchain can mean only one thing. As with any other successful decentralized network, DigiByte is supported by a competent development team.
Top Reasons Why the Value of DigiByte (DGB) May Touch $1 This Year
If you are aware of the latest price trends, you might be aware of the bearish momentum that has pushed some of the active currencies to a depression. With the top market players trading in the red, DigiByte features among the rare altcoins that survived the bear storm. Tracing the price movements of the currency, DCB’s price soared exponentially from 0.017 USD to 0.048 USD. Since its rise to 0.048 USD, DGB has managed to maintain a consistent performance, lingering around 0.033 USD.
Looking at DCB’s positive market response, one can point out several factors that are influencing the coin’s progress. Considering the speculations generated around the meteoric rise of the altcoins, it can even touch the long-anticipated $1 price level. The significant developments that are propelling the currency towards the $1 target can be summarized as follows:
Recognised for scalable and lightning fast application, DigiByte ranks among the top market leaders. While Bitcoin generates a single block in 10 minutes, DigiByte produces it coin in just 15 seconds. Besides, only a few currencies can beat the security features offered by DigiByte, as employs a 5 algorithms-based system, also known as MultiShield, to eliminate the risk of 51% attacks. The killer security protocols are complemented by DigiShield, MultiAlgo, DigiSpeed, and SegWit.
Apart from the technological upgrades on the blockchain, the currency has seen some exceptional developments in the form of listing and partnership. For instance, DCB was mentioned as one of NASDAQ’s decentralized projects.
Much of the speculations regarding DigiByte can be understood in terms of DigiByte’s dedicated awareness team or DGBAT, which was formed with the vision of spreading awareness about the project, drawing new investors to the network.
Tracking the important milestones reached by DCB, it is essential to talk about its listing on DX.Exchange. DX.Exchange, which is recognized among the most influential trading platforms, is a community-driven platform with numerous DGB token holders. At any rate, such a tie-up comes across as an excellent development.
Going forward, DigiByte has launched the hyped-up Guarda DigiByte wallet that is now available on Google Play. It goes without saying that the wallet will play a pivotal role in attracting investors to the blockchain network.
The Future of DigiByte (DCB)
As a groundbreaking cryptocurrency project, DGB features among the most vied-after investment options in the crypto space. Although a large number of currencies are ranked higher than this altcoin, it has anchored itself in the mainstream crypto market for its high scalability and security. As confirmed by DigiByte’s website, there are some exciting developments on the horizon that will make a tremendous impact on the market. Speaking of the future developments, there’s the much talked about DigiByte Foundation which plans to focus on education, outreach, and innovations.
In a nutshell, the present developments, as well as the plans scheduled for the future, are some of the major factors reshaping the course of the blockchain at the moment. Available for trading at $0.031976, DigiByte (DCB) has moved up by 1.21% from its earlier position. As of 12th June 2018, the market capitalization of the market is tantamount to $331,907,569. Now that it is gaining a steady momentum in the market, the coin might just break all its previous records to touch the much anticipated $1 price level this year.
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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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Reasons Why 2019 May Be A Great Year For Crypto
The new year was always considered to be a time of new beginnings, where people can reflect on the past and learn from their mistakes in order to be better in the future. The same is true for the world of crypto, and investors around the world are hoping for 2019 to be better, more profitable, and to have more success than 2018.
The hope for the future is even more important when we consider all the negative development in 2018. There were numerous high-profile hacking attacks, two market crashes, with a strong bear market in between. Not to mention that some of the biggest projects that may have brightened the year a bit ended up being delayed.
With that in mind, it is understandable why investors are looking forward to the new year and all the potential development that it may bring. In fact, there are several reasons why they should be excited about 2019.
1) Bearish market to loosen its grip
The first reason why 2019 can be a good year digital currencies is that it may finally break free of the bearish grip that has been felt ever since last January. Following the first market crash, the bears settled in, and the prices kept falling for an entire year. The market attempted to shake off the negativity on several occasions, with the biggest one being…
3 Coins with the Largest Potential in 2019
2018 has been a pretty bad year for digital coins, and after the initial market crash that occurred a year ago, everyone was expecting a bull run that will fix things. Obviously, it never arrived, and instead of that, all that crypto market experienced was an entire bearish year and another crash in mid-November.
Now, however, it is a brand new year, and attempts to shake off the bears’ grip can be seen even in these first two weeks. The market is still struggling and mostly losing value, rather than gaining, with most coins being in trouble once more. Still, a lot can happen in a year, and most investors remain optimistic regarding 2019. Here are some of the coins that are believed to have tremendous potential, and to be the hope of this year.
Of course, Bitcoin comes first. This is the first cryptocurrency which is still dominating the market, with no other coin being even close to its market cap or price. BTC is the coin that has reached the most prominent heights, and it also lost the most in the previous year. However, there is still hope, as there are several projects and events scheduled for this year that might turn things around for the number one coin.
One thing that is expected is the approval of Bitcoin ETFs…
Do or Die: 3 Crypto Projects that Really Need to Deliver Soon
Crypto projects have gone through several crucial periods of development, and while it is fascinating to watch their progress to maturity, a lot of investors are becoming impatient. During the first few years, they were barely known, only talked about in specific groups, among those developers and investors who had the luck to find out about them in the early days.
The next several years, altcoins started appearing, and the voice of cryptocurrency slowly started to spread. Then, there was a period of hype, when crypto exploded, and the entire world finally learned about this new technology that promised to change the world. Naturally, the overhype led to a market crash and price correction that we experienced last year, but the impact was made, and the world is still talking about them on a daily basis.
However, now is the time for cryptos to deliver on their promise, grow up, and start showing results. There are high expectations for many projects, but for various reasons, they have yet to deliver, and many are hoping that 2019 will be the year when they finally do it. Let’s see which 3 crypto projects really need to show results, and soon.
1) Ethereum (ETH)
Are you surprised to see Ethereum at the first spot? The project has been a top cryptocurrency for years, why would it be in danger now?…
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