What's the main reason DigiByte has fallen to this rate? Is there no development going on? Lack of (good) community? What are the expectations on DGB? Is there some news in the pipeline?
Hi, the main reason for the fall in my opinion panic people, many take your good profit in this market and falls. Any currency after take-off, is adjusted. I think soon will be 1300-1800
I'm in no way comparing DGB to XRP, however I'm going to stick my neck on the line and when XRP first pumped in April, it took a month of consolidation before their was another big push. I believe that something similar will happen with DGB in coming months. The main difference currently, is there has been a major correction in the market so it may take another month or 2 before we see the spike.
The good news is there isn't any panic coming from DGB, they're not being desperate and pumping out news in the hope investors will throw their money in. It's business as usual which is how it should be.
Agreed tho, I see 1000 sats in the near future and 2-5k end of year. Plus if BTC is at $5000 I'm sure everybody will be very pleased.
We say the same thing, the big players make the market drop, and people panic forces them to give them their money. I say soon, by the end of the year, I completely agree with you, 3000-5000