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Topic: Crypto Watch: DigixDAO (DGD) Price Up 60% Despite Market Drop, Outperforms All T (Read 111 times)

newbie
Activity: 48
Merit: 0
yeah, and it's very cool, I just bought up before the growth) hooray!
hero member
Activity: 868
Merit: 502
DigixDAO on my radar for a long while.And most possibly DGX 2.0 will be on mainnet in this month. Which can be revolutionary for this industry.
jr. member
Activity: 196
Merit: 1
DigixDAO jumps to $791M market cap despite general crypto market downtrend. | Utah Business. ... Crypto Watch: DigixDAO (DGD) Price Up 60% Despite Market Drop, Outperforms All Top 100 Cryptocoins · Crypto Watch: DigixDAO ... digital currencies. It feels just like Dot Com during the Tech Bubble and it didn't end well
jr. member
Activity: 154
Merit: 1
January 2018 has been a volatile month for cryptocurrencies worldwide, with major news developments including increased South Korean regulation, Facebook banning cryptocurrency advertising, India pushing toward a crackdown, and news of Tether and Bitfinex subpoenas.

This has served to temper some of the wild excitement and runaway speculation we saw at the end of last year. Jan. 31 and Feb. 1, in particular, held another hard drop for cryptocurrencies, with Bitcoin dropping below $8.5K.

Within that, one blockchain-based cryptocurrency network, DigixDAO has managed to actually grow more than 50 percent on a day when Bitcoin saw market reductions of -15 percent and Ethereum saw -20 percent reductions. At the time of this writing, DGD is the only cryptocurrency in the top 100 (by market cap) not in the red.


[Ed note: Investing in cryptocoins or tokens is highly speculative and the market is largely unregulated. Anyone considering it should be prepared to lose their entire investment.]

What is DigixDAO?
Much has been made of Bitcoin functioning as a store of value akin to gold, but Digix literally tokenizes gold on the Ethereum blockchain. DigixDAO was the first crowdsale conducted via Ethereum and the first major Ethereum-based Distributed Autonomous Organization (DAO).

DGX vs. DGD

The Digix network has two related native assets: Digix Gold Tokens (DGX) and Digix DAO Tokens (DGD).
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