BITTREX:DGBUSD DigiByte / US Dollar
Digibyte and Litecoin have had very similar movements over the years, sometimes DGB leads the rally sometimes LTC leads the rally. They have both been in a macro multi year and I believe the breakout is very near. The SEC is coming after everything and there is no doubt about that. On coinmarketcap there is maybe 5 or 6 cryptos that are no unregistered securities. In my mind, I believe the only ones to survive are going to be Bitcoin , Litecoin, Digibyte. Digibyte like Litecoin has had 100% uptime and never been hacked. The digibyte blockchain is strong and its virtually impossible to attack the blockchain in any way with all the upgrades and its multi algorithm mining. Litecoin is starting to pop into attention lately because people are realizing how solid it is and how decentralized and fairly distributed it is. Litecoin will be number 2 in the coming years right under Bitcoin , mark my words and i think that Digibyte will be right in the top 5 as well. Im not sure about DOGE because of how unbalanced the supply is where I think its like 60% of the tokens are held by 6 wallets. Either way once people realize that these "amazing projects" they hold like SOL, XRP, ETH, BNB, ADA and all of them that had an ICO are all unregistered securities and will be shut down. these OG cryptos like DGB , LTC, BTC are all going to take center stage. DGB had a small pre-mine but its supply is very well distributed and its fundamentals are absolutely solid with 100% uptime, its passed the test of time, its decentralized with only a volunteer community working on it, and its a strong community. POW mining will never go away. all these POS coins are all centralized and will be shut downl. POW itself will evolve into a more energy efficient and even more secure method but it will never be shut down. Big money doesn't want to buy and use Solana with more outages than Puerto Rico , or XRP where the supply is practically infinite and the creators have GIANT bags, no way. Institutions want regulation of the decentralized cryptos, I know that sounds like an oxymoron but thats what will happen. Privacy coins are out of the picture it wont happen, they will all be banned from exchanges and their off ramps to fiat or Bitcoin or any other crypto will be shut down. Theres never going to be a fully decentralized money, ever and we're never going to beat the SEC or the government, it wont happen. People say that Litecoin has Mweb and its privacy, well the fact that people dont realize is that Mweb is not private like Monero or Zcash, its trackable easily if the government wanted to track a transaction. Its just private enough for the everyday user to keep his info private from the other person they are sending money to. Its a good thing, imagine if we went into a store today and bought a six pack of beer with our debit card and on the receipt it would say how much is left in the bank account? That would suck, the teller would know or anywhere you use it would know. Thats what Mweb is good for. So I know Im ranting and Im sorry, I just have alot to say. Bottom line is, every crypto no matter what it is if it had an ICO , and there is a centralized team running it will be shut down. That includeds Ethereum , ETH is going to get taken down with the rest of them! Ethereum classic may rise from the ashes when this happens but Im not sure it can scale that much. Litecoin and Digibyte on the other hand could take every Dapp and project out there and run them on their blockchains and they wouldn't even flinch, and honestly how many project and DAPPS will be left? I think also in the future with POW there will be merge mining of all the blockchains that are being used and the mining will be regulated so there will never be an attack on the blockchain. Right now its still the wild west and anything goes. Two people in the world net wroth is worth what the entirety of the market is worth, thats not good and its just in the infancy. The crypto bubble is popping and only the strong will survive. THIS IS NOT TRADING OR FINANCIAL ADVICE THIS IS JUST MY CRAZY OPINIONS AND SPECULATIONS, DONT LISTEN TO ME :)
LITECOIN IS LEADING THE RALLY ON THIS ONE AND DIGIBYTE WILL BE RIGHT BEHIND IT. DIGIBYTE ACTUALLY HELD ONTO ITS BITCOIN VALUE BETTER THAN LITECOIN OVER THE YEARS. SOMETHING CAN BE SAID ABOUT THAT.