It’s true that DigixDAO was a great disappointment for investors in 2018. DGD price went down from $0.000001 on January 1st 2018 to $19.629 on December 31 2018. However, it is worth monitoring our DigixDAO price prediction algorithm: DigixDAO might still have investment potential if not short term in 2019, then long-term. If you look for good return in 3 to 5 years, DGD might be the coin to watch closely now.
The current DigixDAO price is $12.37, its circulating supply is 2 000 000 DGD. Our algorithm predicts that based on historical data DigixDAO price will be at $14.64 in 1 week and $17.60 in 1 month. Our deep learning algorithm predicts the DGD price will be at $48.91 in 6 months. Analysis of the cryptocurrency market shows that DigixDAO price may reach $41.51 by 1st of January 2020 driven by the potential interest from large institutional investors and more regulation expected in the field of digital currencies. The system predicts that DGD will stay around $37.43 in 2019, $41.51 in 2020, $43.82 in 2021, $50.27 in 2022 and $55.92 in 2023.
While creating the DigixDAO prognosis our script has revealed strong fluctuations during the last 180 days. The highest possible predicted price in 180 day period is $48.91 and lowest possible predicted price is $36.91.
The current market dynamics creates the impression that investors' interest in cryptocurrency market has faded away, which may not be the case. Cryptocurrencies that truly deliver value will not vanish, they will continue to grow – and DigixDAO has the potential to stay within "survivors" team. Our DigixDAO short-term and long-term prediction charts will help you choose the right entry time and create a proper exit plan.
Keep a close look on our DigixDAO Price Prediction Forecast Tool to get daily, weekly, monthly and yearly DigixDAO forecast updated daily. You can also check other cryptocurrency price prediction here.
What is the current price of DigixDAO (DGD)?
The current price of DigixDAO is $12.37.
What is the current market capitalization of DigixDAO (DGD)?
The current market capitalization of DigixDAO is $24 740 853.
What will be the price of DigixDAO (DGD) Tomorrow?
Our algorithm forecasts that the price of DigixDAO will reach $12.73 tomorrow.
In 1 year from now what will 1 DigixDAO be worth?
As per the forecast and algorithmic analysis, the the price of 1 DigixDAO will be around $37.43.
Is it profitable to invest in DigixDAO (DGD)?
The investment period is the number 1 decisive factor here. Based on last year price data the system would put "With Caution" investment status for DigixDAO (DGD) as a short term investment. DigixDAO can get a "Profitable" investment status based on our prediction algorithm with long term investment horizon of 3 to 5 years.
Will DigixDAO be growing in the Future?
DigixDAO is potentially one of the most profitable among digital coins.
How high can the Price of DigixDAO go?
Our algorithm forecasts that the price of DigixDAO will reach $55.92 by 2023.
Is DigixDAO (DGD) flashing a "Buy" signal now?
Yes, our algorithm predicts it's the right time to buy DigixDAO now.
Just like any other cryptocurrency that is ranked below the Top 100, DigixDAO doesn't have much to boast about. It seems that people are still very skeptical towards the gold-backed cryptocurrencies like DGD, especially since it has a low market cap of only $24 million. Nevertheless, the coin is traded on numerous major cryptocurrency exchanges, having a total daily volume of around $400 thousand. It might serve as proof that someone still believes in the cause of DigixDAO and holds/traders this coin.
DGX tokens are stocks. Gold there or corn is not important for their owners, only the turnover of their company and its potential are important. Since it's gold, it's kind of like buying a prol stock and not for speculation, the profit from turnover will be scanty and there's no point in buying these tokens, it's more profitable to take the money to the bank. Therefore, there is no sense in participating in their presale.
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