20 Jun 2018 Bozhidara Mihova
DigiByte Aims to Go Big on the Crypto Market
DigiByte (DGB) which defended its place as one of the fastest and scalable cryptocurrencies is finally starting to gain power. Founded in 2014 up to May 2017, the value of DGB was very low, due to the lack of publicity.
Suddenly, the price increased significantly from $14 million to $500 million market cap. In January 2018, it skyrocketed to over $1.2 billion.
Recently DigiByte was listed on NASDAQ – an American stock exchange, as one of the 20 blockchain projects which are safe to invest in. This has unquestionably pushed up the image of DigiByte in the eyes of the investors.
Furthermore, Abra – a well-established cryptocurrency wallet and exchange app, added the DGB coin, and the price escalated by 188% in 4 weeks.
The developers recognizing the vast opportunities were working even harder and launched the Guarda DigiByte wallet. It is now available on Google Play and has a simple design that is easy to operate. It also allows investors to exchange other cryptocurrencies such as Bitcoin, Ethereum, and Monero for DigiByte securely.
In February 2018 the team announced the appointment of a PR agency to raise the awareness of the coin actively.
Their efforts seem to be successful because of the increased popularity DigiByte receives in the mainstream media.
According to some crypto community members, coins like DigiByte are highly undervalued when compared to what they are capable of achieving in the market.
From a technical perspective, DigiByte is believed to be one of the strong blockchain projects on the market by some experts. It is a leading power in the context of security, scalability, and speed.
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