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Price Forecast: Will DigiByte (DGB) Cross $1 in 2018? - Global Coin Report
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Price Forecast: Will DigiByte (DGB) Cross $1 in 2018?

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DigiByte
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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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Top 3 Crypto Trends That Might Go Big in Q2 2019

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So far 2019 has brought a significant change to the crypto industry. Q1 of this year has seen the rise of the idea of IEOs, the crypto space has finally managed to shake off the bears, and numerous coins throughout the industry have seen their prices grow once again.

The latest rally happened only several weeks ago, and it allowed Bitcoin to surge up by $1,000. Most other coins followed in their own way, but the investors are now wondering what to expect out of Q2? The Q1 started off badly, but it ended up being extremely successful. The chances are that history might repeat itself in the second quarter, as there are some key trends that might point the way for the further development of the crypto market.

1. The rise of IEOs

Back in 2017 and early 2018, ICOs (Initial Coin Offerings) were everything that the crypto space was talking about. Their popularity allowed startups to raise billions upon billions of dollars. Soon enough, however, that ended in a pretty bad way. STOs (Security Token Offerings) emerged as an alternative that does not depend on trust, follows regulations, and it actually holds value. However, asset tokenization might still be in its early stages, and this is something that might come back at some point in the future.

In 2019, however, IEOs (Initial Exchange Offerings) started attracting the…

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The Crypto Space Once Again Divided Over Bitcoin SV

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Bitcoin SV
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The crypto community is a strong one, one that managed to bring digital currencies from nothing to an industry worth hundreds of billions of dollars. However, while its strength in this regard is undeniable, the crypto community can be just as fragile given the appropriate conditions. With that in mind, the conditions seem to have been set for a new divide, although the cause is once again the same — Dr. Craig Wright and his Bitcoin SV (BSV).

Craig Wright vs. the (crypto) world

Dr. Craig Wright, the chief scientist at nChain, and the creator of Bitcoin SV. has been a well-known and very controversial figure in the crypto industry. Wright was suspected of being Bitcoin’s creator several years ago, which is possible because no one knows who is behind the name ‘Satoshi Nakamoto.’

Wright was believed to be him, and one theory claimed that he and his friend were responsible for giving life to BTC. However, the theory quickly died out, but not before Wright seemingly liked the idea of assuming the mantle of Nakamoto. He himself started claiming to be Bitcoin’s mysterious creator ever since.

Of course, he managed to gather up some followers, but the majority of the crypto community — while confused — did not believe him. Luckily, there is no need for trust, and Wright should easily be able to prove that he…

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Are XRP and Ripple Going to Be Worth Anything by the End of 2019?

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Ripple
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One surprise recently was when XRP took over Ethereum’s long-held second place in the Market Cap leaderboards. It quickly went back to its traditional and respectable third place behind Ethereum, but it could be a sign of things to come.

XRP has a lot of clout in the market because of the platform it is based on, which is Ripple. A coin that is used for a very specific purpose and with a long term goal in mind is always going to fare better than others. Litecoin, Bitcoin Cash and others have come about because of disagreements in Bitcoin. Therefore they offer nothing except an alternative to Bitcoin as a pure cryptocurrency, while Ripple (and XRP along with it) has something tangible behind it.

Big Banks Back Ripple

Ripple was created in 2012 for a specific reason. It aimed to become a faster and more efficient method to transfer value between banks and countries. This value can be almost anything from currencies to other instruments. While initially, banks were cautious about investing in the company, recently they have been lining up. The crypto winter has helped with innovation int he industry and Ripple has benefitted immensely for it.

The various payment solutions based on Ripple such as xRapid and xCurrent are seeing a large uptake, and this is having an amazing effect on XRP as a whole.…

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