What if Digibyte outperform top 3 coins in coin market cap?
DigiByte has
- fast transaction speed
- cheap transaction fees
- perfect for micro payments
- 5 mining algorithm
- truly decentralized (280k nodes)
- big community
- 6 years of development
What if Digibyte outperform top 3 coins of coin market cap?
Assume market cap=constant
market cap=Price x Supply
If you divide market cap of btc, eth and xrp by circulating supply of dgb (12.68 Bn) you will get
1 DGB=10.80 USD
1 DGB=1.22 USD
1 DGB=0.73 USD
respectively
We calculated this price of 1 DGB assuming market cap=constant
But in reality market cap can't be constant
It will increase for sure, let's check
World population is 7 Billions
Facebook downloads on playstore 5 Billions
Coinbase downloads 10 Million
Digibyte wallet downloads 10k
So possibility of growth of userbase 500k times which eventually increase the price of 1 DGB
Circulating supply of DGB is 12.68 Billions
World population using Android and Internet is 5 Billions
World population on earth 7 Billions
12.68 Billions/5 Billions=2.53 Digibyte for every peoples on earth
21 Billions/7 Billion=3 Digibyte for every people on earth
3000 Digibyte = 16.5 USD
So today's 16.5 USD investment make you richer than 1000 peoples combined in future when 5 Billions people will adopt it
It is not necessary that 5 Billions people will adopt it, I'm just talking about the room for growth or the upper limit
If 1% of 5 Billions peoples adopt it then
present userbase is 10k
1% of 5 Billions is 50000k
Room for growth 50000k/10k=5k times more than present userbase
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