DigitalNote (XDN), which is one of the most recent cryptocurrencies, has been experiencing very dramatic price movements lately. For the whole month of January the coin has depreciated sharply rising the eyebrows of investors.
However, that seems to have come to an end and the coin is on a take off stage. I bet every investor should be all eyes on the coin now and buy when it is this low to take full advantage of the upcoming rise in prices.
DigitalNote amazing features
The crypto coin is built in CryptoNote protocol to facilitate anonymity in transactions.
DigitalNote (XDN) has attracted quite a number of investors due to its amazing features like zero transaction fee and ASIC resistant Proof-of-Work mining process. In addition, individuals can mine XDN coins for themselves using their own computers without having to purchase expensive ASIC hardware. The best, user-friendly XDN software for mining DigitalNote coins that you can install in your personal computer is MinerGate.
Another interesting feature of DigitalNote system is that users earn interest on the coins they have in their DigitalNote wallet. The user will only have to lock the coins for a minimum period of one month and earn interest. The interest ranges between 0.5 and 1% annually. It is just similar to saving your fiat money in a bank fixed deposit account.
DigitalNote cryptocurrency users are also able to communicate among themselves using crypto messages, which is quite a unique feature considering that these messages are completely untraceable and hence providing a very secure mode of communicating.
DigitalNote (XDN) roadmap to prosperity
The code used in developing the DigitalNote network is an open source code. This means that any individual can contribute towards the process of developing the code. This is quite an advantage since they are able to tap the input of upcoming innovators.
Also, DigitalNote development team is eyeing to incorporate Proof-of-Activity technology in the near future, probably in the second quarter of 2018. This will enable them to be able to make digital IDs on the blockchain. This will revolutionize the coin completely in terms of added security features.
DigitalNote (XDN) prices
In 2017, DigitalNotewas able to accomplish most of its targets on its roadmap. The climax was towards the end of the year between Q3 and Q4 of 2017. During this period the developers were able to strike a cooperation with Freewallet developers, one of the best developers of mobile applications. Then in collaboration with Freewallet developers, they were able to release a Digital Mobile wallet with built-in exchange and the ability to directly buy DigitalNote using a credit card.
DigitalNote (XDN0 development team was also able to pull a cooperation with HitBTC, which is one of the major exchanges of cryptocurrencies. By so doing, XDN became listed there.
There was also the database blockchain storage memory that made it easy for handling all messages 3.0 of the XDN mobile messenger 3.0.
The combination of all these releases, plus the increased financial activities around the festive month of December sent the prices of DigitalNote (XDN) skyrocketing hitting an all-time high of $0.098659 USD on 9th January, 2018.
However, after the hyped duration, there was a go slow period, which is still going on till now when there is no much activity going on around the DigitalNote Development. This Q1 of 2018, has seen no major releases or announcement about DigitalNote. This may be the reason behind the current 77.5% depreciation of the coin. According to coinmarketcap.com, the coin is currently trading at $0.022154 USD per token.
However, since we are heading to the much anticipated Q2, the DigitalNote (XDN) prices may not go below that. Actually for the last 4 days, the coin has seen a 103% increase in value from $0.010876 USD to the current $0.022154 USD.