Yesterday, Coinfield announced that they have added 18 new fiat pairings. Thanks to this move, investors can now buy Digibyte (DGB) with 4 fiat pairs. You can now trade Digibyte (DGB) against the USD, CAD, GBP, EUR and JPY. This is a big deal, since it plays a huge role to the accessibility of Digibyte, and crypto in general. That’s because, the biggest challenge to crypto mass adoption at this point is not the tech, but ease of accessibility. The tech has made tremendous progress in the past 12-months, and most cryptos are far much better than they were during the 2017 bullish rally.
However, accessibility has not really caught up at the same rate as the tech. For a person who is not really passionate about cryptocurrencies, the process of buying crypto is not that easy. What is needed is better ways of access, where conventional methods like wire transfers and using credit cards are more common place in the purchase process. That’s what platforms like Coinfield are doing, and it’s a reason to be bullish, not just on Digibyte (DGB), but on cryptocurrencies in general.
The number of exchanges adding Digibyte (DGB) fiat pairings is on the rise, relative to other cryptocurrencies. This places it in a unique position to rise fast, once bullish momentum returns to the market. Not only is it getting easier for the average person to buy Digibyte (DGB), it has the fundamentals to justify a purchase. For instance, its ability to scale on-chain makes it one of the most efficient blockchains out there. It also has unrivalled security capabilities. To top it up, Digibyte (DGB) is fully decentralized, which means that it its transactions are trustless and cannot be censored.
Digibyte (DGB) could also get a publicity boost once tools like Digiassets come alive. With Digiassets, it will be possible for organizations to tokenize their assets on the Digibyte blockchain. Given that it is highly scalable and secure, Digibyte (DGB) would be perfect for asset tokenization, and could see Digibyte (DGB) rise in adoption, and dominate in the asset tokenization space.
With such fundamentals and more accessibility, Digibyte is well positioned for exponential growth in the next Bull Run. While no one can tell with certainty how high prices can go, chances are that in a bull market, Digibyte (DGB) could easily test $0.10 or more. More long-term, there is a good chance that Digibyte (DGB) could test $1 – $5. The fundamentals to support such a massive surge in price are right.
For instance, thanks to its speed, low transaction costs and security, Digibyte (DGB) could in the long run rival conventional payment methods and dominate the market. On top of that, as asset tokenization gains traction, the Digibyte blockchain could play a major role in it in the future. These are aspects to it that make the possibility of Digibyte (DGB) hitting a dollar at some point quite realistic.