Digibyte (DGB) has received lots of attention lately due to DigiID and other upcoming projects such as Vesti. For crypto that is not on major exchanges like Binance, and ranks way below the top 20 in market rankings, it’s very popular, and rightly so. Digibyte is one of the cryptos that hold lots of potential for growth going into the future. For an investor that knows Digibyte (DGB), but is still unsure of whether to invest in it, here are a few reasons why Digibyte (DGB) makes for a great investment.
- It has been around for years
Digibyte (DGB) is one of the oldest cryptos in the market. Unlike most cryptos that came up in 2017, Digibyte (DGB) has been around since 2014. It has been through bull and bear cycles and survived them all. This means that it is resilient, and that’s crucial in a market as young as crypto. Most of the projects that started with the 2017 crypto bull rally are already significantly destroyed by the bear market. As such, it makes sense to hold Digibyte, and count on it to thrive. Its longevity comes from the fact that it is fully decentralized, which means there is no organization that can go broke and hurt it.
- Innovative products are coming up in the DGB ecosystem
There are lots of innovative Digibyte products in the market. For instance, DigiID is an innovative product that is gaining traction in the area of cybersecurity. Through DigiID, users can log into websites using their Digibyte wallets. This removes the need to login with the ever vulnerable email and password login. Organizations that have adopted DigiID are already taking it to the next level. For instance, AntumID is launching a Google Chrome extension that allows users to login into any website using DigiID irrespective of whether the website has integrated DigiID or not. This is impressive and adds significantly to the intrinsic value of Digibyte (DGB). Other products such as Digiassets are also highly disruptive and add to the future prospects of Digibyte (DGB) as an investment.
- It is very secure
Without security, a cryptocurrency is useless. It cannot serve its purpose. On this basis, Digibyte (DGB) is one of the best coins in the market. Its multi-Algo security is something that is often taken for granted, but it’s actually a powerful tool. To attack Digibyte (DGB), an attacker would need to take control of all its Algos. On paper this is possible, but pulling it off is almost impossible. The cost would not justify it. Security guarantees it of large scale investment once mass adoption comes, and people get to understand how blockchain technology works.
- It’s very cheap at the moment
Digibyte (DGB) is trading at a massive discount when compared to its all-time highs. Its price has declined sharply yet its fundamentals have been getting better. This means that once bulls take control of the market, Digibyte (DGB) could easily outdo its all-time highs. Its future is bright and anyone who holds it long enough could make significant gains in the long-haul.