DigiByte Price Analysis. What to expect from DGB in the near future?

DigiByte price analysis

Background & Technology

DigiByte is an open-sourced blockchain with an emphasis on decentralization. It was established by Jared Tate who is also the lead developer. After a 2-year involvement with Bitcoin, Jared decided to improve BTC core protocols. In 2014, he launched DigiByte with the purpose of pioneering new innovations. DigiByte has a 15 seconds block timing and that means it is 40 times faster than Bitcoin. It has the quickest block speed on the UTXO blockchain which makes it one of the best performing altcoins.

DGB price analysis

Within a period of five years, DigiByte has become one of the safest blockchains. It is used in over 80 countries and about 15000 nodes globally. DGB came to the market with the lowest price of $0.0000366 at the end of 2014. It remained a comparatively stable price up to the mid-2017, with only a few short price jumps of about 50%. You can ask, are we really naming the price, that suddenly changes by 50% a comparatively stable? Yes, we are…

DGB price chart

Expert’s price predictions

DigiByte has built a strong ecosystem and shown great potential through partnerships with different companies. Thus many experts are optimistic about the future of DigiByte, although predictions in the crypto world have proven to be very difficult.

Rudy Bouwman

What Else to Expect

The recent Odocrypt update (that allows DGB mining without ASICs hardware) and the announcement of Digi-ID has generated excitement among investors and created a positive image of DGB’s future. The DigiByte team is working hard to achieve mass adoption of the technology in the near future through collaborations with payment gateway companies Utrust and Paytomat. DGB represents a special project that is backed by a solid business strategy. Its unique blockchain technology is well secured and super-fast. It has the longest in the world. Because of DigiByte’s distinctive features, we are hopeful that it will become one of the most utilized coins in the market.

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