In the recent video, crypto KOL Mike Tha shares his optimistic bullish view on DigiByte and explains the reasons for his belief that DigiByte is a sleeping giant with 1000%-2000% potential.
At the beginning of the video, the trader reveals his personal portfolio at the current time including BitTorrent (BTT) 39%, Voyager (VGX) 34.2%, Digibyte (DGB) 13.7%, and IOT Chain (IOT) 9.9%.
So, what is DigiByte (DGB)?
DigiByte is a more secure, faster, and forward-thinking blockchain. DigiByte is more than a faster digital currency. It is an innovative blockchain that can be used for digital assets, smart contracts, decentralized applications, and secure authentication.
The crypto KOL explains that DGB is stronger than other blockchains as it is a truly decentralized blockchain that has never been funded through an ICO. Moreover, DigiByre is more secure since it uses five cryptographic algorithms and real-time difficulty adjustment to prevent different attacks. It is also much faster. DigiByte blocks occur every 15 seconds which is 40 times faster than Bitcoin and 10 times faster than Litecoin.
Currently, DigiByte is a 3-layer blockchain providing the network infrastructure, security, and communications to function with cutting-edge speed.
In regards to DigiByte’s partnership, the trader impressively highlights the collaboration between Microsoft with DigiByte in creation of Anthem ID.
“They are also potentially being chosen to be used for the European Union for Digital ID. So you can see Digibyte has a lot of use cases already!”, the trader adds.
In the last part of the video, Tha talks about his belief in DGB potential and his price expectation for this coin.
“DGB is a digital id protocol that has a max supply of 21 Billion. However, all DGB coins will be mined by 2035, which is just in 15 years. The scarcity will definitely increase the value of this coin”
At the time of the video, DGB was trading at around 6 cents.
“This is a long-term hold but also crypto I see to make some big gains. What i see is that DigiByte will hit 30 cents to 50 cents by the end of the year going into 2022″.
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