DigiByte began with the pilot phase of DigiAssets on its blockchain program that would lead to high demand by the dapp developers. While Bitcoin is the biggest and most popular currency in the crypto space, there are so many new inventions, which have been gaining the reputation as the market has developed to accommodate thousands of new altcoins with the intention of bringing outstanding innovations in the area of the blockchain. DGB, one of the top-performing altcoins in the market concentrates on delivering faster, reliable and avant-garde blockchain solution to crypto fans. DigiByte is recognized as one of the safest cryptos due to its innovations in technologies like DigiShield, and it even managed to increase over 200,000 nodes in 5 years. DGB currently holds 560 TPS and just 15 secs blocks of time, which will be expanding exponentially to approximately 2000 TPS by 2020. DigiByte is a few steps away from fiat adoption that will move the crypto community into building contacts with cryptos. Even the users would be ready to buy gift cards utilizing DGB. Lately, it was added to Bidali, a blockchain based platform facilitating the adoption of cryptos, to serve as a mortgage currency.
What is DigiByte?
Digibyte was established in 2014 by its lead-developer, Jared Tate, which intends to concentrate on improving the transaction speed, decentralization, and security. The DGB technology works significantly better than most other cryptos, which makes it unique and one of the best performing altcoins — because it is 40x faster than Bitcoin as it has 15 seconds block timing. It has been created to have the fastest block speed on the UTXO Blockchain, which makes it excellent. The Digibyte project became the world’s first blockchain to install SegWit, which indicates that transaction confirmations are kept separated from the data stored within the block, which benefits to achieve active transactions. The Digibyte team aims its technology to act as a global payments system utilized by people across the globe.
Market prediction for the DigiByte
As the market is so unpredictable and can shift unexpectedly, predicting the value is not an easy task. There will be different technical review and the most sought after are the ones given by the market leaders/ prediction website/articles. Let’s have a peek at the DGB price forecast given by crypto followers and online editorials.
The forecast by CoinFan is quite a hopeful one where they predict that the maximum possible value by the close of 2019 maybe $0.3275 and the least possible may be $0.2421. Although the difference within the maximum and the minimum is a lot, they think it’s better to take the aggregate of those two, which comes to approximately $0.045.
#2 Wallet Investor
Wallet Investor foretells that the DigiByte price might touch $0.0783 in 5 years. This prediction is very moderate as compared to the other projections.
#3 Digital Coin Price
Digital Coin Price foretells that DGB may reach $0.044366 by 2019 year-end and by the conclusion of 2025, it will reach $0.114563. This also looks like a conventional approach to DGB price forecasting.
#4 Crypto Gunther
According to Crypto Gunter, a cryptoanalyst prophesies that the DigiByte price might grow to $20 by the year 2020. If this did occur, it could give DGB crypto a total market capitalization of $220 billion, which may make it the most valuable crypto in the industry.
#5 Coin Liker
Coin Liker divines that by 2019 mid, DGB value might reach $1.44, which is a bullish hopeful prediction. The Coin Liker, five-year prediction, suggests that in 5 years, DGB may reach $3.50.
DigiByte price prediction 2019
Digibyte community is already preparing for partnering with corporate companies. DigiByte declared that they might use the services of a PR agency, which can assist the market and improve their technology and form new partnerships, after that. It is even going to get registered on Binance, which might enhance its value manifold. These improvements might make its price go up and most certainly, its use case might be strengthened, too. 2019 has begun with an embarking positive note and might go high up till 0.0690 by the first half of 2019. By the conclusion of 2019, it can reach something about $0.0806.
DGB price prediction in 5 years
DigiByte may grow out to be one of the most successful altcoins by 2023, and there are speculations on how high can DigiByte go. Because of its robust security protocols and advanced algorithm, it may remain as one of the most used cryptocurrency. Although a high number of cryptos are ranked higher than DigiByte, it has anchored itself in the crypto market for its high protection and scalability. It can reach $0.21 by 2023.
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