Digibyte (DGB) is leading the bull charge today. It is up by over 10% in a day when the other major cryptos are doing an average of 1 -2%. This is welcome news for a crypto whose price movements have been relatively mundane for the last couple of months. The interesting part about DGB is that these gains come after Jared Tate’s twitter rant against Binance. It’s a clear signal that DGB has the potential to grow exponentially in value, even without getting listed on the big exchanges like Binance, and that’s a big deal. It’s a big deal because, it creates the impression that Digibyte has what it takes to grow, even without having to rely on the short-term pump that these exchanges give.
Away from all that, today’s surge in the price of DGB could draw in new investors who may have been overlooking DGB in the past. The moment someone takes an interest in Digibyte (DGB), they are very likely to invest in it. That’s because, from a quick glance, one realizes that it is one of the best coins out there. Its core features are simply unrivaled in the market. For instance, DGB is one of the most secure blockchains ever. It is secured by 5 mining algorithms, which means that even an attack on it with all of bitcoin and Litecoin’s hash power would not break it. It is also truly decentralized since it never had an ICO and has a wallet that has been downloaded hundreds of thousands of time. These are interesting features that would definitely captivate anyone who takes a glance at DigiByte for the first time, following today’s price pump. Going forward, Digibyte (DGB) could emerge as one of the best crypto gainers in the market.
That’s because the Digibyte (DGB) awareness team has been making moves that will create more awareness about Digibyte and its core fundamentals. For instance, they have been very active in charity activities in Venezuela. This has driven up the uptake of Digibyte (DGB) in this country and its working quite well so far. It is super fast and also extremely cheap for everyday transactions. No wonder the people of Venezuela are adopting it in large numbers. As these marketing efforts continue, Digibyte (DGB) could end up gaining adoption in more locations all over the world. When coupled with the fact that it is permission-less makes it primed for adoption more as a currency in different locations all across the world.
Long term, as DGB grows in adoption, it has the potential to make it to $1 or more. Its use cases pretty much guarantee this. A use case like cyber-security places it in a unique position to grow in adoption, as the blockchain of choice in securing a trillion dollar industry. That’s a humongous use case, one that could push it way over a dollar in the future. It’s definitely a coin to keep an eye on going into 2019 and beyond, as its various use-case come to the fore, and more people get to learn about its power.