DigiByte (DGB) Price Prediction – What does the future hold for this microcap

DigiByte (DGB) Price Prediction – What does the future hold for this microcap
фото показано с : coinjournal.net

2022-2-9 00:31

DigiByte (DGB), like many assets in the market, has seen some strength in the last few days. However, as a small microcap coin, there is still a lot of potential for further growth. But what exactly does the future hold for DGB? Analysis to follow next but here are some highlights first:

DigiByte (DGB) has surged quite impressively over the last 5 days or so in line with broader sentiment in the market.

However, at press time, the coin had lost around 5%, trading at $0.02486

DigiByte (DGB) is expected to rebound and post gains this year with conservative estimates putting it at $0.08.

Data Source: Tradingview.com 

The future DigiByte (DGB) – Analysis

Despite rallying over the last few days, DigiByte (DGB) has not yet recovered from the slump in January. It has still lost 30% of its value this year and continues to trade way low compared to its ATH. 

The coin has however recovered from its 2022 lows of around $0.015 and is consolidating the price action above the $0.02 mark. In the short term, we expect some volatility on DigiByte (DGB) but the general upward trend will continue. 

From a long-term perspective, analysts expect this coin to grow by nearly 4 times this year, hitting $0.08 in the process. This is of course a conservative estimate. DigiByte (DGB) could still surge further, especially if sentiment in the market remains positive.

Why you should buy DigiByte (DGB)

As a microcap, DigiByte (DGB) has a lot of growth potential. In fact, at the time of writing, the coin had a market cap of around $320 million. 

Also, the chain offers several cutting-edge technologies that make it more competitive with other blockchain networks. Its DigiAsset platform in particular is a massive project. So, when you look at these fundamentals, there is no doubt DigiByte (DGB) is a decent coin to hold for the long term.

The post DigiByte (DGB) Price Prediction – What does the future hold for this microcap appeared first on Coin Journal.

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DigiByte (DGB) на Currencies.ru

$ 0.01167 (-0.34%)
Объем 24H $8.24m
Изменеия 24h: -3.17 %, 7d: -7.65 %
Cегодня L: $0.0116134 - H: $0.0117311
Капитализация $198.55m Rank 280
Цена в час новости $ 0.0260727 (-55.24%)

digibyte dgb microcap hold future price prediction

digibyte dgb → Результатов: 126


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