Financial NewsAn Altcoin From 2013 Is Making a Huge Comeback

An Altcoin From 2013 Is Making a Huge Comeback

NY, USA, 16th April, 2021, ZEXPRWIRE, First there was Bitcoin.  Then other crypto currencies joined the foray.  One of the earliest was DigitalCoin ($DGC), which was designed to improve upon the limitations of Bitcoin and Litecoin.  At one point DigitalCoin ranked among the top 10 cryptos, but as time went on it fell into obscurity.  However, although hundreds of “altcoins” have become defunct due to disinterest, poor design, or loss of wallets, DigitalCoin—also known as DigiCoin—has kept chugging along, and for good reason.

DigitalCoin maintains a key strength of Bitcoin: namely, scarcity.  Whereas many other coins have grown in popularity, they have hit the ceiling of over-circulation, but Bitcoin has skyrocketed because of scarcity.  There are less than 20 million Bitcoins circulating.  There are 37 million DigitalCoins circulating.  But there are 129 billion Dogecoins, 115 million Ethereum, and 67 million Litecoins.

Another key strength of $DGC is that transactions are secure, but much faster: 15X faster than Bitcoin and 4X faster than Litecoin.  Blocks can be hashed using Scrypt, X11, or SHA-256 algorithms.  The scarcity and superior design of $DGC has suddenly caught the attention of investors looking for the bargain investment.  And with only 37 million in circulation, and trading for three to four cents, $DGC seems to be just the ticket.  In just the past couple of months $DGC has skyrocketed 2,000 percent, but scarcity could bring it to $10, or even higher, especially following the April 14th IPO of Coinbase and the surge of money into the burgeoning crypto market.

Media Contact –

Name – Carlos Ferrera
Company – DigitalCoin Resources

The post An Altcoin From 2013 Is Making a Huge Comeback appeared first on Zex PR Wire.

Latest news

Blockchain IDOs and Presales You Should Know About

There’s never a lack of new projects opportunities when it comes to blockchain and decentralized finance (DeFi). But it...

The 10 rules to prepare for the crypto bear market by the savvy investor

While the Bitcoin and cryptocurrency market reached a record capitalization in November 2021 (nearly $ 3 trillion), the memories left by...

Latin America’s E-commerce Giant Opens Up To Buying Bitcoin

Bitcoin (BTC) and cryptocurrencies are increasingly accepted every day for payments for goods and services . This time, it's the South American...

Binance Welcomes Arbitrum – Ethereum’s Second Layer!

For many months, the Ethereum (ETH) network has faced massive congestion resulting in higher transaction fees . Fortunately, second-layer solutions continue to...

The Bitcoin forever changed by this evolution

As of June 12, 2021, the Bitcoin Network (BTC) has been patiently awaiting the entry into force of its Taproot...

Regulation and taxation on cryptocurrency mining in Russia

The Duma wants to regulate Bitcoin and cryptocurrency mining in the country. The laws would notably make it possible to...

Must read

Blockchain IDOs and Presales You Should Know About

There’s never a lack of new projects opportunities when...

The 10 rules to prepare for the crypto bear market by the savvy investor

While the Bitcoin and cryptocurrency market reached a record capitalization in...

Latin America’s E-commerce Giant Opens Up To Buying Bitcoin

Bitcoin (BTC) and cryptocurrencies are increasingly accepted every day for...

Binance Welcomes Arbitrum – Ethereum’s Second Layer!

For many months, the Ethereum (ETH) network has faced...

The Bitcoin forever changed by this evolution

As of June 12, 2021, the Bitcoin Network (BTC)...

You might also like
Recommended to you