Is Digibyte extremely undervalued?

[Abiky]

Digibyte is the cryptocurrency you've probably never heard of. It's been "on the scene" since 2014, delivering innovation in every way. The project has been the pioneer of "DigiShield" which is a difficult retargeting algorithm used by some altcoins on the market today. The DGB blockchain is secured by multiple PoW algorithms making it extremely resistant against 51% attacks. A block time of 15 seconds makes quick and cheap transfers widely possible.

Despite the project's achievements over the years, the DGB cryptocurrency is still worth cents on the market. A coin like this should've been worth at least $1 by now. Given all of the features DGB provides on top of most other cryptocurrencies on the market, I'd say that it's extremely undervalued. If a worthless coin like DOGE hit the moon, then DGB could do better. Don't you think?

What are your thoughts?

[Cappex]

I often use DGB to move funds from one exchange to another and I have read something about DeFi on DGB... I don't know much about the project but it seems very solid and with a strong community.

[masulum]

If we compare DGB with ATH prices, for now DGB is still undervalued, but maybe if we look from the development side and also the existing supply, the current DGB price can be said to be normal. Maybe in the future there will be an increase just like what happened to Doge, but the holder must be patient, although this is also not a guarantee. The most important think is, how DGB team developed this project as good as market wants.

[Oshosondy]

Digibyte is the cryptocurrency you've probably never heard of. It's been "on the scene" since 2014, delivering innovation in every way. The project has been the pioneer of "DigiShield" which is a difficult retargeting algorithm used by some altcoins on the market today. The DGB blockchain is secured by multiple PoW algorithms making it extremely resistant against 51% attacks. A block time of 15 seconds makes quick and cheap transfers widely possible.

Despite the project's achievements over the years, the DGB cryptocurrency is still worth cents on the market. A coin like this should've been worth at least $1 by now. Given all of the features DGB provides on top of most other cryptocurrencies on the market, I'd say that it's extremely undervalued. If a worthless coin like DOGE hit the moon, then DGB could do better. Don't you think?

What are your thoughts?

You can not compare Doge to Digibyte, Digibyte CEO does not find ways to make it possible for major exchanges to support the coin, it is a good coin with strong blockchain and almost instant transaction clearance time, but not listed on major exchanges, I may not be totally right, but I did not see it on Binance, I used HBTC recently and I did not see it. But we should not still underestimate the coin as even last year to this time, the coin had risen over 20x but listing it on major exchnge will help the coin to see more price surge.

[Kitaiev]

Of course I heard about DGB, i even traded this coin in 2017. Time shows that the technologies and capabilities that DGB has aren't very much in demand.
At the moment people are more interested other projects.

[MishaSER]

Back in 2017, I came across this project, if my memory serves me, there was an airdrop, but the conditions were very difficult. You could get 5000 coins. I still don't understand its meaning if there are many other projects with cheap translations.

[Distinctin]

DGB still ignored by the investors and traders, this remains until now and nobody looks at it.

Because if that is worthy, people will buy but there's nothing. DGB will remain undervalued even for the next decade. It is only be rallying high or at hypes, if there is like Elon Musk will do it just like what he did to Dogecoin. But I'm not expecting it because for how many years, it never shows like that and it still remains at the dark side.

[Scripture]

Of course I heard about DGB, i even traded this coin in 2017. Time shows that the technologies and capabilities that DGB has aren't very much in demand.
At the moment people are more interested other projects.

DGB fails to develop that much and fails to do a good marketing strategies that’s why many didn’t know about DGB and there’s no much demand in the market today because of new good projects that takes over the old tokens. Its all time high was three years ago, and didn’t pump that much in the past months where bulls are happing in the market. Though it ranks #82 based on total marketcap, i still don’t think any demand for this project.

[southerngentuk]

Market Cap: $ 1,027,431,437

I don't look at their value, rather look at their current capitalization and compare it with other products to see if it's undervalued. And I think it's not low right now, we need to be realistic not to look at its ATH and hope that it is the target of growth.

[Abiky]

If we compare DGB with ATH prices, for now DGB is still undervalued, but maybe if we look from the development side and also the existing supply, the current DGB price can be said to be normal. Maybe in the future there will be an increase just like what happened to Doge, but the holder must be patient, although this is also not a guarantee. The most important think is, how DGB team developed this project as good as market wants.

Agree. What's most important is the development progress of the project. So far, Digibyte has been delivering as promised since its inception a few years ago. It's been stable enough to withstand network disruptions for quite some time. We can thank the project's developers for making a quality cryptocurrency that will stand the test of time. I'd say that DGB is extremely undervalued because of its real use cases for the mainstream world. It's a cryptocurrency that's not based on hype, providing usability in the crypto/Blockchain space. But DGB won't be able to experience a massive surge in price if people are focused on other cryptocurrencies.

Nonetheless, the future of DGB remains a mystery. Some projects come and go in this wild and crazy world of crypto. Digibyte could either succeed or become a failed experiment in the long run. Who knows if DGB lives alongside BTC and ETH for many generations? Just my thoughts