Digibyte DGB vs Bitcoin BTC DGB/BTC exposed by Coin Champion
In the Last two months the rise of global investments in Bitcoin have led to all time highs in many coins especially which has created an eruption in the alternative coin market. Coins like Digibyte or DGB have gained extreme popularity through that sustained growth. The gains were so explosive that it pushed DGB market cap evaluation to 550 million USD and a price of 6.3 cents per coin. When weeks before it was less than a fraction of a penny!! Currently it is looking more like a pump and dump after the poor news releases that came out resulting in heavy dumping. With an uproar of hype this coin has slowly but surely has went from from being a coin champion for some to a fading a struggling coin. Unless we hear very powerful news in july about where DGB is going I believe that this coin will continue to falter. The struggles between 1.8 and 2.2 cents currently with a market cap evaluation of 178 million USD make me nervous for those heavily invested in this coin. Good Luck to all the coin champions out there! Thanks for reading!
-Coin Champion
Good points in this blog. Good to see I'm not the only one who thinks like this. The price of a coin should depend on the quality of the product, the team behind it, if proffesional investors believe in it, and a lot more facets. Does anyone know about: https://www.coincheckup.com Supposingly they researched every crypto coin in the scene based on: the team, the product, advisors, community, the business and the business model. They even score the coins stengths. On: https://www.coincheckup.com/coins/DigiByte#analysis For the DigiByte Detailed report