Is DigixDao [DGD] the sleeping giant? for BITTREX:DGDUSD by zebrains

chartpattern trendanalysis digixdao cryptocurrency crypto cryptotrader cryptocurrencies cryptotrading cryptocoin cryptocurrrency

Recently Digix announced that it was partnering with Maker in order to provide stable coins that are backed by physical gold to users.

Could this be a replacement for Tether? Digix has a long history of providing heavy transparency and is one of the longest standing ERC20 tokens on the Ethereum network. This alongside their 2.0 release coming real soon could make for an intense shift in usage that is already being seen over the last few months.

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Comment:

DGD is sitting in the upper end of the channel. Looks like it will be time to correct until the next pump. Next pump should be between April/May Target price is $600

Comment:

Digix global just announced that they would be releasing the sale of their digix gold stablecoins in roughly 2 days.

This means that the ownership of DGD tokens would begin to accumulate fees based on the volume processed.

This could be the launch moment we have been approacing after closing in on the lower channel for quite some time.

As always, stay safe and invest only what you can afford to lose.

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