DGTX Token Analysis

Summary

• Considering how the native DGTX token will provide benefits to platform users, it should prove to be of some interest to Bitcoin futures traders.
• Taking the current trading volume of the exchange into account - over $2 billion per 24 hours - there is a very real chance for DGTX to further appreciate in.
• The future is looking bright for Digitex Futures, it's Exchange platform, and the native DGTX token. All stars are aligning for a most interesting second half to 2020.

Considering how the native DGTX token will provide benefits to platform users, it should prove to be of some interest to Bitcoin futures traders.

Statistics from Glassnode Studios confirm that the number of total addresses created to support this native token has increased since the beta launch. A healthy rate of growth, from just over 29,000 addresses to just under 35,000 addresses has been recorded in the first half of 2020.

DGTX Token Price Performance

Investors and traders will be pleased to hear that the DGTX token price has performed admirably in the first half of 2020. The statistics show that the DGTX value has increased by 179.19% in the past 6 months. This growth has also been fueled by more people being granted access to the Digitex Futures Exchange platform.

With more users exploring the platform, the current value of $0.10 per DGTX may be a mere stepping stone. Taking the current trading volume of the exchange into account - over $2 billion per 24 hours - there is a very real chance for DGTX to further appreciate in value.

Considering how DGTX started at an initial price of $0.01 in January 2018, the cryptocurrency has come a very long way. With a solid ecosystem to support it, and the public launch of the Digitex Futures exchange imminent at the end of this month, the overall market cap is likely to increase.

Speaking of which, the entire DGTX market cap still sits below $100 million today. With everything surrounding this project, and demand for cryptocurrency set to increase soon, this token appears to be severely undervalued.

Even if all DGTX in circulation were valued at $0.25 each - a 250% increase compared to today’s price - its total market cap would not surpass $215 million. There is ample room and potential for token value growth.

To accommodate the public launch of the platform, a Launch Day Trading Event will take place. Traders will compete for their share of the $250,000 giveaway, all of which will be distributed through the native token. Moreover, some Digitex branded merchandise will be given away to other lucky winners.

The future is looking bright for Digitex Futures, it's Exchange platform, and the native DGTX token. All stars are aligning for a most interesting second half to 2020.