What is Digitalbits Price Prediction? [2022-2026]

Looking for a Digitalbits Price Prediction?

DigitalBits is an easy-to-use open-source blockchain used to power digital assets. It is lightning fast and can process up to 10,000 transactions per second.

Michael Gord is the managing director of XDB which was later renamed to DigitalBits foundation. The foundation was established in the year 2017 and renamed in 2020. DigitalBits Foundation, formerly known as XDB, is the major contributor to the DigitalBits project.

In this article, we will have a look at Digital price forecasts for a few years down the line.

Before I start…

If you’re tired of scams and want a real solution for making money online check out my no.1 recommendation.

It’s helped me earn over $300,000 in the last 12 months alone:

Go here to see my no.1 recommendation for making money online

(This is a 100% free training)

DigitalBits Price Prediction

Table of Contents

What is Digitalbits?

DigitalBits is an open-source blockchain for digital assets, especially branded currencies, NFT, and stable coins. DigitalBits blockchain provides the innovative functionality organizations need to interact with their customers.

There are other similar projects coming up geared towards various functionalities. Examples of these include Request and Cartesi.

The primary stage of the DigitalBits foundation roadmap is called Luna, and this phase foregrounded the development of the DigitalBits project and enabled DigitalBits blockchain adoption.

How DigitalBits Works

DigitalBits support program provides financial as well as non-financial support to the projects. The foundation to-date constitutes separate committees focused on development, governance activity, education, innovation, diverse strategies for community development, research, adoption, partnership, and ecosystem development.

In addition, the foundation also supported Digitalbits in every stage of development, enhancing the consumer experience, corporate social responsibility, accountability, and sustainability practices. Moreover, they provide research and technological guidance pertinent to digital assets and digital economy.

DigitalBits recently brought in David Beckham to be its global brand ambassador.

Projects of DigitalBits (XDB)

The DigitalBits (XDB) project was announced in 2018.

The environmentally sustainable and eco-friendly DigitalBits blockchain can handle around 10000 transactions per second. DigitalBits with a ticker symbol XDB, is the native cryptocurrency of the network. The only asset which doesn’t need an issuer and trustline in the DigitalBits platform is XDB. All accounts are allowed to hold XDB. Undoubtedly, traders can trade XDB for any other assets in the network.

Major DigitalBits projects Include:

Zytara

Zytara is one of the DigitalBits projects. It is a digital banking platform that provides banking services for digital assets, NFT, and branded stable coins.

The Zytara project has a Zytara app for digital banking, Zytara Lab for NFT production, and Zytara dollar for ZUSD stablecoin. It was specifically designed for millennials & Gen Z gamers.

DigitalBits Wallet

This is a mobile app from the XDB foundation, whereby users can send, receive or store digital-based assets using the wallet.

The DigitalBits wallet is available on both android and IOS. It is configured to store XDB and ZUSD tokens. In addition, it supports all ERC-20 tokens with an end goal of making crypto transaction processes easier.

Stably

Stably is a financial technology solution that provides infrastructure for asset tokenization through the White Label platform solution, SDK, and API, along with bespoke integration.

Stably converts real-world assets and fiat currency to fungible blockchain-based tokens that can be traded in the blockchain. Furthermore, Stably provides a business stable coin account by which participants can send, receive and store fiat, crypto, and stable coins. Stably bolsters the digital economy while offering fast, safer, and low fees for cross-border transactions.

NFTY Labs

NFTY Labs is a cross-chain infrastructure for NFT utility. It was created to venture into the NFT Ecosystem.

NFTY has multiple products that enable users and brands to manage and customize NFT. NFTY Labs provides access to exclusive community chats, content, and events.

Overview of DigitalBits Network

DigitalBits (XDB) network can track, hold and transfer any asset. Entities that issue assets in DigitalBits are called ‘Anchors.’ All the assets in the network, excluding DigitalBits assets, have a type and an issuer. The user must trust the issuer to hold the assets in DigitalBits. To trust an issuer, a user needs to create a ‘Trustline.’ Trustlines are entries in the DigitalBits account. All these services are available on the official DigitalBits website.

DigitalBits Network allows traders to build mobile wallets, smart devices, and banking tools. The network constitutes an application programming interface (API frontier) for submitting your transactions, checking your account balances, and subscribing to events associated with DigitalBits. The user can easily communicate with the API using his web browser.

DigitaBits core is a collection of interlinked DigitalBits cores run by various entities across the globe. It acts as a backbone of the network. Its distributed nature makes it reliable to use. Transactions through the DigitalBits consensus protocol are validated using the DigitalBits network. It is a requirement to own instances of DigitalBits core to avoid third-party dependency on transactions. DigitalBits cores in time agree on a set of transactions. Each transaction on the network costs a fee of 0.00001 XDB.

DigitalBits core is linked with API frontier to assets and tokenization services, apps & wallets, loyalty and point program services, and customer apps. Some instances exist to provide only trustworthiness to the services, but some have frontier servers for communication.

DigitalBits Price Chart

The global cryptocurrency market is undergoing a tumultuous journey with fluctuating prices and market cap. Crypto regulation talks is a reason for considerable consternation among crypto enthusiasts.

DigitalBits’ price today is $0.321 with a 24-hour trading volume of $4,174,536.65. The coin’s total market cap is $288,081,282.81 with a total supply of 1,500,000,000 XDB. The circulating supply is 874,608,082 XDB digital coins. The highest price at which the coin has traded is $1.03, which was on Nov 16, 2021. The all-time low was $0.006725 in 2020.

Historical data of DigitalBits cryptocurrency infers XDB has traded sideways for a long period. The token remains consolidated and hasn’t progressed till July 2021. Since August of 2021, buying interest was bolstered and XDB started on an upward trend. DigitalBits price rallied to $0.818 and then retraced to $0.372. Later the morning star confirmation initiated the bull’s journey; the value surged to $1.1 and marked an all-time high. From the second week of November, XDB price was driven by negative sentiment.

DigitalBits technical analysis shows that XDB-USD is in a falling channel heading towards a major support zone. The chart revealed a waning negative momentum and settled below 200 EMA, 20 EMA, and 50 EMA. There is no sign of an immediate DigitalBits price rise because it is continuously making lower highs on the daily chart.

Immediate support is placed at $0.357; selling pressure persists for XDB USD below this level. Any fall below this DigitalBits price may seek support at $0.295. Traders can sell DigitalBits below this and wait for a bounce at the major support zone of around $0.157. On the other hand, nearby resistance is held at $0.383. If DigitalBits price rises above $0.38 the next hurdle is $0.5010. Bulls may seek a hand above this point to head towards the major resistance of $0.810.

After looking at some of the most popular technical indicators, the accumulation distribution line is falling along with the DigitalBits price fall due to a bearish trend, therefore a selling interest exists in the market. On balance, the volume also slips the same way as DigitalBits price does; hence, selling pressure prevails. Adding to that volume of the current trading session is lower than the previous day.

Candles have fallen below the middle of Bollinger bands when the DigitalBits price is equal to $0.767. MACD has settled below the signal line because of the plunge. RSI is at 29, which is an oversold zone.

Based on our technical analysis, there is no evidence that the DigitalBits price will increase any time soon because the bearish sentiments are likely to continue for the long term. However, this is not an indication that XDB USD is a bad investment. Traders should be cautious while taking an entry at the current price. It is better to invest in XDB after a clear break out for a good return.

DigitalBits Price Forecast 2022-2026

Digitalbits price had constantly increased throughout the second half of 2021. In September 2021, the price saw a huge rise, and it lasted till mid-November. The price of digitalbits remained bearish, and a gradual price drop was seen for the rest of the year.

Unlike the money market, crypto price prediction and forecast always involve a good amount of skepticism. The predicted value may change from the actual one because of overhyped predictions and false beliefs about the price movements. Past one year data of digitalbits specify coin has given satisfiable returns to investors to-date. Now, let us take a look at the future of digitalbits cryptocurrency to know whether digitalbits will be worth investing in for the future.

Disclaimer

Before we even start this, I should clarify that past performance is not indicative of future results, and you should always approach trading with a set of fundamental principles that guide your trades. Historical data and technical price analysis help but they are not always conclusive. That being said, we have to acknowledge that crypto prices are arguably the hardest ones to predict because they are complex instruments we are still learning about. That shouldn’t stop you from taking into account experts’ opinions and forecasts when investing because they may give you a different perspective concerning factors that may affect future price forecasts of the cryptocurrencies.

Although we have DigitalBits price prediction information, this is not indicative of DigitalBits price forecast.

This is not investment advice and you will be better off doing your own research before getting involved with the crypto market. If possible, talk to your financial advisor if you intend to invest in the crypto market because if you get it right, historical price analysis can help.

DigitalBits (XDB) Price Prediction 2022

The DigitalBits price equal to $0.09878. XDB price forecast begins at $0.40. The forecast expects DigitalBits price hanging before tackling an all-time high. The maximum price predicted is $0.46. Thus within one year, DigitalBits may become a profitable investment.

DigitalBits Price Prediction 2023

DigitalBits price prediction is foreseeing a beginning at $0.54. DigitalBits XDB price prediction is expected to cross $0.47 by the end of 2023. The maximum price forecast for the year is $0.51, and the minimum price value may hit the $0.43 mark, which may be in the initial quarter. The average price is predicted at $0.47.

DigitalBits Forecast 2024

DigitalBits forecast starts at a minimum price of $0.40, and our DigitalBits price predictions show the future price may reach a maximum level of $0.56 by the end of the year. The average price is expected to be around $0.49 as per our DigitalBits price forecast.

DigitalBits Price Prediction 2025

The price of DigitalBits anticipates a start at $0.68. Data analysis and forecast show a gradual bullish move in price levels, and the maximum price predicted is $0.69. To summarize, XDB USD can be a new addition to the portfolio and a good investment for the long term.

DigitalBits Price Prediction 2026

There might be a minor correction observed in the year 2026 as compared to 2025. The DigitalBits price forecast suggests that the minimum price might be around $0.53, while the maximum price prediction suggests value to be revolving at $0.66. Throughout the year, the average trading price might be around $0.60.

Is DigitalBits a good investment for the long term?

The DigitalBits forecast data show an unwinding in its long-term earning potential. The short-term profit may not be as high as the long-term. The XDB price could reach a maximum possible level of $5.51 with the average forecast price of $4.63. It seems there’ll be a DigitalBits price increase in future according to our predicted data. Token value depends on its demand and supply; hence price predictions cannot always be accurate. It is important to conduct your research and take proper advice with regards to investment before you buy DigitalBits.

Where can I buy DigitalBits?

XDB is trading in major cryptocurrency exchanges, and you can buy DigitalBits or sell DigitalBits with the help of exchange platforms such as KuCoin, Bittrex, Uniswap (V2), and HotBit. As per our DigitalBits (XDB) Price Prediction, minimum price and maximum price levels are expected to grow.

What is DigitalBits price prediction 2030?

The long-term future of XDB price looks optimistic. Based on our predictions and forecast, the maximum price of the coin is forecasted to be $1.55 with a minimum price of $1.45. Whereas the average price for 2030 will be approximately $1.51 as per our DigitalBits price forecast. If everything goes well, we can expect an average price of $5.84 with a maximum price of $6.79 for 2031. It is considered good to invest in XDB at the current price for the long term.

Conclusion

According to smart technical analysis, DigitalBits seems like a sensible investment to hold on to for at least one year. Although the analysis indicates that DigitalBits will keep going up, the future price is also subject to market forces that often dictate how cryptocurrencies will perform.

That being said, you should not ignore the fact that the market, particularly that of cryptocurrencies is inherently volatile. In 2022, it has lost the momentum it had last year and it appears like the bubble is bursting. However, no one can say that it is guaranteed to keep falling because it can easily prop up just as fast.

Before you leave

If you’re tired of scams and want a real solution for making money online check out my no.1 recommendation.

It’s helped me earn over $300,000 in the last 12 months alone:

Go here to see my no.1 recommendation for making money online

(This is a 100% free training)

David Fortune

David Fortune has been the editor NoBSIMReviews.com since 2019. He is an expert at writing content on stock advisory services, side hustles, reviewing online business opportunities and many more topics. You can learn more about David on our about us page.

Go here to see the best business to start in 2024