Bitcoin rise in price in the past week has generated a good ripple effect for the market. It is generally a good period for altcoins anytime BTC increases in value, which is reasonable to think as it has 58.8% dominance of the total market cap.
With over 2000 altcoins in the market sieving through this list for coins with viable future can be difficult but three digitokens who have met the requirement are Digibyte (DGB), Dash (DASH) and OmiseGo (OMG).
Digibyte Price Prediction
Digibyte is currently priced nicely at $0.010 per unit with -7.02% in the last 24 hours and a market capitalization of $124 million dollars which places the coin in 52nd place just outside the top 50 cryptocurrencies ion the market.
DGB has fallen off the cliff in recent weeks with since reaching its peak point of the year on April 3. The coin has lost over 30% of its price value since its peak point nevertheless the recent bullish run of Bitcoin could help push DGB on an upward trend.
Based on the recent price trend DGB should move on an upward parabolic trajectory for the rest of the year. If recent updates from the coin, continues at this pace DGB is expected to reach an average level of $0.0458.
OmiseGo (OMG) price prediction
OmiseGo (OMG) price has been making steady gains in recent days and has fulfilled most forecasts given in the short and medium term. OMG at the time of writing is $1.67 with a negative change of -6.93% in the last 24 hours and a market capitalization of over $234 million dollars.
OmiseGo is one of the popular crypto projects within the ecosystem. The decentralized platform has continued with its developments to bank the unbanked in Asia. OMG remains one of the profitable coins in the trading market.
We estimate that the price of OMG would reach the $2.20 range at the end of the year which would be a nice return after the bearish start to the year.
Dash (DASH) price prediction
Dash (DASH) is one of the highly rated cryptocurrency and has been performing well on the crypto market. The 13th ranked cryptocurrency was one of the few coins in the market that finished in green at the end of today’s trading.
The market cap of the altcoin is just above the $1 billion mark which puts it highly poised to break into the top 10 list on market cap. DASH currently trades at $122.85 USD per unit and it is trading against Bitcoin at 0.01753505 BTC after adding 0.61% to its value within the same period.
The coin has recently seen a spike in popularity as witnessed by the massive adoption in Venezuela due to the economic situation in the country.
This and other developments within the coin has been a major factor behind the growth of the coin. We envisage a steady price increase for DASH and the coin could push into the $150 mark by the end of the year.