Know more about DigiByte!!!
Hello Everyone,
Hope you are doing well. Here in this another edition of blog, I am going to write an article about DigiByte(DGB). DGB is another mineable cryptocurrency. At the time of writing this blog DGB is ranked at number 43 on coin market cap with market cap of $255,204,819 and trading volume of $5,518,500 at many top exchanges. Total supply of DGB is 21,000,000,000 which will be created in a span of 21 years starting from year 2014 till 2035. Current rate of DGB is $0.024415 per coin.
DGB is a decentralized and rapid growing public blockchain technology. These are the digital assets that can not be destroyed or hacked and represent the objects having value such as currency, property and confidential information etc. DigiByte blockchain was created by Jared Tate in the year 2014. Unlike bitcoin, DGB block is created at every 15 seconds of interval which makes it more fastet than bitcoin. DGB transaction is 40 times faster than bitcoin.
DGB is said to be the most secured coin as it has got 5 different mining algorithms. The first genesis block was created on 10 Jan 2014 and 10,452,830,807 DGB have been mined till now. This process will last till the year 2035 when all 21,000,000,000 DGB will be created.
Can you imagine the value of 1 DGB in 2035? As per me you should accumulate as many DGB as you can and hodl for long term. It may give you profits which you may not have imagined.
Hope you like this short article. If so please follow me, upvote this post and comment down below if you have any questions.
Sources
- Coin Market Cap
- https://www.digibyte.io/
P.S. This is not an investment advise. Please DYOR before investing in any cryptocurrency.
Almost half a billion USD market cap now! :D
So market cap is doubled in 11 days. That's great. But I think DGB will go into correction mode now. So we should book our profits and buy again in dip. This is only for short term traders. Long term traders, sit back and relax.
DGB is one of the my favourite cryptocurrency.
hey @lets-steemit what do you think that this is right time to buy DGB ?
can you tell me your preductin about it?
reply me please..,,.
If you are a short term trader, please do not buy now because market is in downtrend. Wait for some more dip and then enter. But if you are a long term holder, you can buy and keep it with you for 1 year. May be it will break its all time high of 2000 satoshi soon. DYOR before investing.
Great job man. Thanks