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Review on DigiByte by Paige Rose

Revainrating 4 out of 5

Although the Digibyte developers do not have an actual roadmap, they do have…

Although the Digibyte developers do not have an actual roadmap, they do have various development ideas that they are considering. Firstly, they are considering a mining algorithm swap. At the moment, the blockchain uses 5 different versions, however the team is thinking about changing one of them to make mining even more decentralized.

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Pros
  • The first Digibyte price prediction I wanted to talk to you about was one released by Coinliker. As you will see from the screenshot below, they believe that by June 2019, the Digibyte price will increase to $1.44. Is this reliable? Well, a price of $1.44 would amount to a total market capitalization of approximately $16 billion. This would be quite a significant increase as it would see Digibyte enter the top 10 cryptocurrency rankings
Cons
  • However, the assumption is based on something significant. Crypto_Gunter argues that the ideal price of the DGB coin should amount to 1/1000th of what Bitcoin is worth. For example, if Bitcoin was worth $10,000, then Digibyte should be worth $10. Using the theory of the above Digibyte price prediction, Bitcoin would need to reach $20,000 for the DGB coin to increase to $20.

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