Question 1

Is DigitalBits (XDB) a Good Investment?

Accepted Answer

DigitalBits is an interesting project with considerable scope for mainstream adoption, making it an investment worth considering. The platform allows businesses to tokenize their assets and build engagement with their customers using the power of blockchain technology.

As more partners and brands join the DigitalBits ecosystem, the XDB to USD price could strengthen to test its highest price and head to a new all-time high. The DigitalBits price could rise as the blockchain experiences higher on-chain activity, as more users tokenize assets and trade them on the network’s official DEX.

In addition to higher adoption and trading activity on its network, the DigitalBits price could also strengthen as the mood in the crypto market turns strongly optimistic. A bullish attitude among investors could encourage more buying activity across the board, boosting the XDB price statistics.

Question 2

What is the DigitalBits Price Prediction?

Accepted Answer

While it is impossible to offer an accurate XDB price prediction, there are several fundamental factors to monitor which could drive a price change in the DigitalBits token. Let’s take a look at some of them:

Level of Adoption and Interest in DigitalBits

The demand for the DigitalBits platform among business partners and end users is one of the most significant factors impacting the live price of DigitalBits crypto. Higher demand for the platform for tokenizing assets and trading them could drive up the value of XDB tokens and vice versa.

Mainstream Interest in Decentralized Technology and Tokenised Assets

In addition to the level of adoption of the DigitalBits ecosystem, general interest in tokenizing assets and exploring use cases of blockchain technology for marketing and engagement could also affect the DigitalBits price. As more businesses and brands try to leverage blockchain technology for engagement with fans and customers, we could see projects like DigitalBits surge in terms of value.

Market Sentiment Towards NFTs and Cryptos

In the crypto market, investor sentiment is one of the biggest drivers of price action in altcoins like XDB. The price of XDB could head higher as more investors participate in the market, buying up new altcoins and looking for new projects to support. However, a bearish sentiment or a risk-off mood keeps investors away from the market and could drive sell-offs that could weaken the DigitalBits price.

Question 3

What is XDB Coin Used For?

Accepted Answer

XDB is the native token of the DigitalBits ecosystem. Here are some of its use cases:

Native Currency

XDB is used for paying transaction fees and using the DigitalBits blockchain. It can be used for sending and receiving digital payments on the blockchain. $XDB crypto is also used for creating NFTs and fungible tokens on the DigitalBits platform.

Bridge Token

XDB serves as the bridge token when swapping two on-chain tokens that lack a direct market for liquidity. The AMM model of the DigitaBits DEX uses XDB to facilitate the trade of tokenized assets on the network.

Staking

Each account using the DigitalBits blockchain needs to stake a minimum of 10 tokens to confirm the authenticity and enable transfers. This protective security feature is added to prevent malicious activity on the blockchain network and allow only genuine users to experience the platform’s features.

Crypto Asset to Trade and HODL

Trade DigitalBits against other crypto assets to profit from changes in market conditions. You can buy or sell XDB against other cryptocurrencies or hold it long-term if you believe in the future potential of the DigitalBits project. Check the real-time price of DigitalBits, XDB market cap, circulating supply, 24-hour trading volume, and the latest crypto news before you trade XDB in the market.

Question 4

Who are the Partners and Brand Ambassadors for DigitalBits?

Accepted Answer

One of the biggest reasons investors are interested in DigitalBits is the impressive list of brands and brand ambassadors partnered with the blockchain project. Brand partners of DigitalBits include Inter Milan FC, AS Roma, and Dignitas.

The blockchain’s brand ambassadors include David Beckham and Francesco Totti. In addition, other ecosystem partners include top-tier crypto funds such as GDA Capital, BlockFolio, Fireblocks, KuCoin, AstraX, CoinPayments, Elitium, and more.

Question 5

Is DigitalBits a Fork of Stellar?

Accepted Answer

The DigitalBits blockchain was created after it forked from the first-generation protocol Stellar in 2017, followed by its mainnet launch in March 2018. The fork from the former Stellar network allowed DigitalBits to enjoy higher versatility, throughput, and lower latency and transaction fees.

The purpose-built blockchain DigitalBits supported the creation of tokenized assets on its infrastructure, giving it more capabilities than the original Stellar blockchain, which was designed primarily to support low-cost payments powered by decentralization. In addition, the new enterprise-grade blockchain has its own inbuilt DEX for trading the assets created on its network.

DigitalBits also has other distinct differences from Stellar. For instance, its native token, XDB, is not subject to inflation, unlike Stellar’s XLM crypto. It also utilizes a different consensus mechanism, Federated Byzantine Agreement (FBA).