Header banner
Revain logoHome Page
Soren Laramée photo
1 Level
5 Review
1 Karma

Review on DigiByte by Soren Laramée

Revainrating 4 out of 5

At the time of writing in June 2017, that would see a reduction in value of 67…

At the time of writing in June 2017, that would see a reduction in value of 67%, which of course would be a disaster for Digibyte holders. However, on the other hand, if we were to take CoinFan’s prediction from the maximum part of the table ($0.081), then its value would actually increase by 138%!



Pros
  • Moving forward, Digibyte experienced its most successful period in between December 2017 and January 2018, where its value went all the way up to $0.129 per coin, reaching a market capitalization of over $1.2 billion! However, it is important to remember that the majority of the cryptocurrency industry experienced record-breaking highs in the same period and just like Digibyte, most of them lost their outstanding gains in early 2018.
Cons
  • You might remember how I mentioned earlier that Digibyte performs much better than most other cryptocurrencies, so in reality, this would actually be a reasonable thing to happen. For example, Litecoin, which at the time of writing is the sixth most valuable coin, can only manage transaction speeds of 2.5 minutes.

Similar reviews