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Reasons Why Digibyte (DGB) is the Smartest Investment Right Now
You have probably heard of cryptos like Bitcoin (BTC), Ethereum (ETH), or Ripple (XRP), which are all well-known, well-established, and successful digital currencies. But have you heard of Digibyte (DGB)? Most people would say no, which is this currency’s biggest problem. In every other aspect, it absolutely shines.
About Digibyte (DGB)
Digibyte is one of the newer cryptocurrencies, which is partially why people have not heard that much about it yet. Still, there are many other cryptos that are not that old, but still are well-known throughout the crypto market, like Cardano (ADA).
The thing that separates DGB from other cryptos is its superior blockchain, which is an absolute masterpiece and is easily one of the best ones to date. It offers high scalability, excellent security, and it is also super fast. So, why is it that so little people know about it? The answer is simply – the lack of publicity.
This is its biggest problem and the sole reason why its price is only $0.034323. However, this is a problem that its team has recognized, and is working hard in order to solve. For example, the crypto was recently mentioned by NASDAQ, and it was said that it belongs to 20 blockchain projects that people can bet their house on. Soon after this comment was made, Digibyte’s value in the investors’ eyes rose sharply, and the crypto saw much more action.
Additionally, the team is also forming the Digibyte Awareness Team, which purpose will be to increase the awareness of this crypto. The result is obvious, and the DGB has started receiving a lot more attention from the media, as well as more users and investors. But, what is it that makes this project so special? Three things, in fact.
1. Digibyte’s blockchain is superior to others
As mentioned previously, Digibyte’s blockchain is extremely safe. This is due to the fact that it uses five, equally-weighted, mining algorithms, where each of them has its own, personal, difficulty adjustment. This is what the team behind it calls a MultiShield. Theoretically, this is more than enough to completely eliminate things like 51% attacks, or hostile hard forks that have been plaguing many other cryptos.
2. Digibyte is young but full of potential
Another reason why buying DGB right now is the fact that it is so young, and not yet known. A lot of people would rather consider buying Bitcoin or Ethereum, but these are the cryptos that have already achieved success. Digibyte’s time has yet to arrive, and getting it early on is probably the smartest move with this crypto. Once people start realizing what it has to offer, everyone will want to get some of it.
3. Invest while it is still cheap
Investing in any crypto is risky these days, but the investors know that it is always better to find an undiscovered coin with the future and buy as much of it as possible than to spend thousands of dollars on a single Bitcoin. DGB is still greatly undervalued, which provides you with a perfect opportunity, and you can buy hundreds of them without even feeling it.
After its price rises, as the experts are expecting to happen, everyone who got an early investment will be glad they did so before it was too late.
Digibyte’s blockchain, and other aspects like an easy-to-use wallet, are features that will definitely put it on the map, and soon. The crypto’s biggest problem is a low level of exposure, and its team is doing everything they can in order to fix that. Soon enough, this will be one of the most popular currencies around, and taking advantage of this knowledge now is what makes investing in it the smartest move of 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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Hong Kong, Hong Kong, 25th January, 2021, // ChainWire //
Xeno Holdings Limited (xno.live ), a blockchain solutions company based in Hong Kong, has announced the listing of its ecosystem utility token XNO on the ‘Bithumb Korea’ cryptocurrency exchange on January 21st 2021.
Xeno NFT Hub (market.xno.live ), developed by Xeno Holdings, enables easy minting of digital items into NFTs while also providing a marketplace where anyone can securely trade NFTs.
The Xeno NFT Hub project team includes former members of the technology project Yosemite X based in San Francisco and professionals such as Gabby Dizon who is a games industry expert and NFT space influencer based in Southeast Asia.
NFT(Non-Fungible Token) technology has recently gained huge focus in the blockchain arena and beyond, making waves in the online gaming sector, the art world, and the digital copyrights industry in recent years. The strongest feature of NFTs is that “NFTs are unique digital assets that cannot be replaced or forged”. Unlike fungible tokens such as Bitcoin or Ether, NFTs are not interchangeable for other tokens of the same type but instead each NFT has a unique value and specific information that cannot be replaced. This fact makes NFTs the perfect solution to record and prove ownership of digital and real-world items like works of art, game items, limited-edition collectibles, and more. One of the ways to have a successful…
2020 has been an incredible year for crypto as investors have generated windfall profits and crypto projects have seen their businesses gain the spotlight they’ve been looking for. While Bitcoin has received most of the attention after major institutional investors announced they were accumulating the increasingly scarce asset, many altcoins have also seen their fair share of glory. When looking at all the big winners of the past year, the first project that probably comes to mind is Chainlink, having appreciated by more than 550% YTD and now valued at over $4.5 billion. But, the actual biggest winner of the year is HEX with a YTD return of over 5,000%.
I mention both of the above projects as they have each taken slightly different paths to achieve greatness. Chainlink has devoted resources toward building a fundamentally sound business with many strategic partnerships while HEX has spent vast sums of money on marketing and promotion. Both approaches are valid, but one thing is certain, it is absolutely imperative for crypto projects to let the crypto community know what makes them special. Of course, one of the reasons that makes crypto so valuable is the powerful blockchain technology that most projects are utilizing.
Cryptocurrency vs. Blockchain Technology
It’s important to make a distinction between blockchain technology and cryptocurrency. Although they are often used interchangeably, they are different. Blockchain technology and crypto were both created after the 2008 financial crisis, but cryptocurrency…
Altcoins
XENO starts VIP NFT trading service and collaborates with contemporary artist Hiro Yamagata
Hong Kong, Hong Kong, 24th December, 2020, // ChainWire //
The XENO NFT Hub (https://xno.live) will provide a crypto-powered digital items and collectables trading platform allowing users to create, buy, and sell NFTs. Additionally it will support auction based listings, governance and voting mechanisms, trade history tracking, user rating and other advanced features.
As a first step towards its fully comprehensive service, XENO NFT Hub launched a recent VIP service to select users and early adopters in December 2020 with plans for a full Public Beta to open in June 2021.
“NFTs are extremely flexible in their usage, from digital event tickets to artwork, and while NFTs have a very wide spectrum of uses and categories XENO will initially focus its partnership efforts and its own item curation on three primary areas: gaming, sports & entertainment, and collectibles.”, said XENO NFT Hub president Anthony Di Franco.
He also added “This does not mean we will prohibit other types of NFTs from our ecosystem However, it simply means that XENO’s efforts as a company will be targeted into these verticals initially as a cohesive business approach.”
Development and Procurement Lead, Gabby Dizon explained, “Despite our initial focus, we found ourselves with a unique opportunity to host some of the works of Mr. Hiro Yamagata. We are collaborating with Japanese artist Hiro Yamagata to enshrine some of his artwork into NFTs.”
Mr. Yamagata has…
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