Recently, DigiByte started with the pilot phase of DigiAssets on its blockchain platform that would lead to high demand by the dapp developers. 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 is considered as one of the safest cryptocurrencies due to its innovations in technologies like DigiShield and it even managed to expand over 200,000 nodes in 5 years time frame. DGB currently supports 560 TPS and just 15 secs blocks of time, which will be growing exponentially to around 2000 TPS by 2020.
DigiByte is a few steps away from fiat adoption that will shake the crypto community into creating contacts with cryptos. Even the users would be able to buy gift cards using DGB. Recently it was added to Bidali, a blockchain based platform facilitating the adoption of cryptocurrencies, to serve as payment currency.
DigiByte Price for today is $0.012379. Its current circulating supply is DGB 12,018,775,386 with a market cap of $148,785,247. Let's see how high can DigiByte go.
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. 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.
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 quite an optimistic one where they predict that the maximum possible price by the end of 2019 might be $0.3275 and the least possible may be $0.2421. 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 $0.0783 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.
Coin Liker predicts that by 2019 mid, DGB price might reach $1.44, which is a bullish optimistic prediction. The Coin Liker 5 year prediction suggests that in 5 years, DGB might reach $3.50.
DigiByte has recently come up with "Digi-ID" and "DigiAssets" feature which will help in the safe management of the assets and it is already gearing up for the Global DigiByte Summit, that is happening at Amsterdam in April 2019. In 2019, after the global summit, i.e the 2nd quarter of the year, DGB prices are expected to rise, as the power of decentralization is the theme of the summit. Digi-ID gets totally integrated with the mobile wallets and is easy to use with a free download feature. Even DigiByte Pay API feature is to be announced sometime in February or March.
Read more: Top DigiByte wallets in 2019
Digibyte community is already planning for partnering with corporate organizations. DigiByte announced that they might employ the services of a PR agency, which can help them market and promote their technology and form new partnerships, thereafter. It is even going to get enlisted on Binance, which might increase its value manifold. These developments might make its value go up and most certainly, its use case might be increased, too. 2019 has started 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 reach something around 0.0806 USD. (DigiByte prediction 2019)
2020 might remarkably prove to be promising for DigiByte, where it might reach $0.1 level. By 2020, mining of DGB might 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 might play a pivotal role in attracting investors to the blockchain network. By the end of 2020, DGB might reach $0.109 USD, which can be a big breakthrough in DigiByte’s pricing. (DigiByte prediction 2020)
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 might 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.
DigiByte is becoming prominent over the days, and in 5 years or so, DigiByte might stand undefeated against its peers and might go up the ranking order. Its adoption rate might increase exponentially all across the world, and the DigiByte community might outgrow other crypto communities. By 2025, DigiByte might reach $0.5. You can convert DGB to BTC at the best rate at CoinSwitch.
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2019-07-23 13:15:35.325089 | 2 min