While Bitcoin is the largest and most popular currency in the crypto space, there are so many new inventions, which have been gaining popularity as the market has evolved to accommodate thousands of new altcoins with the aim of bringing outstanding innovations in the realm of the blockchain. DigiByte, one of the top-performing altcoins in the market focuses on delivering faster, secure and avant-garde blockchain solution to crypto enthusiasts.
Digibyte was founded by Jared Tate on January 10, 2014, which stands as one of the most advanced and stable Blockchains in the world, and most importantly, it is protected from malicious attacks or hacks. This sets it aside from the altcoins. Considering the fact that it is 40x faster than Bitcoin as it has 15 seconds block timing. It has been designed to have the fastest block speed on the UTXO Blockchain, which makes it exceptional.
DigiByte Price for today is $0.025. Its current circulating supply is DGB 10,805,123,885 with a market cap of $274,896,624.
Digibyte was founded in 2014 by its lead-developer, Jared Tate, which aims to concentrate on increasing the transaction speed, decentralization, and security. In fact, the DGB technology performs significantly better than most other cryptocurrencies, which makes it special and one of the best performing altcoins.
The Digibyte project became the world's first blockchain to install SegWit (Segregated Witness), which means that transaction confirmations are kept separated from the information stored within the block, which helps to achieve faster transactions. The Digibyte team aims their technology to act as a global payments system used by people all over the world.
In the highly volatile world of cryptocurrencies, favorable factors like tight security protocols and an advanced algorithm play a really pivotal role in influencing investments. By placing the security factor before everything else, DigiByte team’s primary objective is to deliver highly secure services to investors.
As the market is so volatile and can fluctuate unexpectedly, predicting the price is not an easy task. There will be different technical analysis and the most sought after are the ones given by the market leaders/ prediction website/editorials. Let's have a look at the DGB price prediction given by crypto enthusiasts and online editorials.
The prediction by CoinFan is less optimistic than the previous one, and they predict that the maximum possible price by the end of 2018 might be $0.0816065 and the least possible may be $0.0119142. Although the difference between the maximum and the minimum is a lot, they believe it's better to take the average of those two, which comes to around $0.045.
Wallet Investor predicts that the DigiByte price might reach $0.0394 by the end of 2018 and $0.0783 in a period of 5 years. This prediction is very conservative as compared to the other predictions.
Digital Coin Price predicts that DGB might reach $0.044366 by 2019 year-end and by the end of 2025, it will reach $0.114563. This also looks like a conservative approach to DGB price forecasting.
According to Crypto Gunter, a cryptoanalyst predicts that the DigiByte price might increase to $20 by the year 2020. If this did happen it could give DGB crypto a total market capitalization of $220 billion, which might make it the most valuable cryptocurrency in the industry.
Digibyte experienced its most successful and vital period in between December 2017 and January 2018, when its price went all the way up to 0.129 USD per coin, reaching a market capitalization of more than $1.2 billion. The major pricing happened in April 2018, where the DGB price went from $0.017 to $0.049, an increase of around 188% in only 4 weeks. You can understand that DGB has had a good history. Now, the present, as well as the future, looks even more promising than the past. Abra, a really popular digital wallet app announced that they were going to start accepting the DGB coin, which was a noteworthy development and helped gain more consumer base and adaptability. Considering the past trends and the current analysis, DGB can reach around $0.042 USD by the end of 2018.
2018 has considerably been a good year for DGB, as compared to other altcoins. Recognised for scalable and lightning fast application, DGB ranks among the top market leaders. Much of the predictions regarding DigiByte can be understood in terms of DigiByte’s dedicated awareness team or DGBAT, which was formed with the goal of spreading awareness about the project, drawing new investors to the network.DigiByte even got enlisted in DX.exchange- trading platform, which marks as an excellent advancement. These developments led DGB to be one of the favorable altcoins by the crypto community. Hence, it is quite certain that DGB might reach $0.0427 by the end of 2018, considering the recent plunges.
Digibyte community is already planning for partnering with corporate organizations. Digibyte announced that they will employ the services of a PR agency, which would help them market and promote their technology and form new partnerships, thereafter. It is even going to get enlisted in Binance, which will increase its value manifold. These developments will make its value go up and most certainly, its use case will be increased, too. 2019 will start with an embarking positive note and might go high up till 0.0690 by the first half of 2019. By the end of 2019, it can be double of what it might be in 2018 end, something around 0.0806 USD.
2020 might remarkably prove to be promising for DigiByte, where it might reach $0.1 level. By 2020, mining of DGB will become more decentralized, which might enable the users to enter smart contracts. DigiByte has already launched the hyped-up Guarda DigiByte wallet in 2018 and will launch more in 2020, which will play a pivotal role in attracting investors to the blockchain network. By the end of 2020, DGB might reach $0.109 USD, which will be a big breakthrough in DigiByte’s pricing.
DigiByte might grow out to be one of the most popular altcoins by 2023 and there are speculations on how high can DigiByte go. Because of its tight security protocols and advanced algorithm, it might remain as one of the most used cryptocurrency. Although a large number of cryptocurrencies are ranked higher than DigiByte, it has anchored itself in the crypto market for its high security and scalability. It can reach $0.21 USD by 2023.
As confirmed by DigiByte’s official website, there are some exciting advancements on the horizon that will make a tremendous impact on the market. Considering the future developments, there’s the much talked about DigiByte Foundation which plans to focus on education, outreach, and innovations, as per DigiByte price predictions 2025.
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2018-11-21 08:49:47.000001 | 2 min
2019-01-22 09:53:03.396201 | 2 min