Digicoin (DGC) Price Prediction 2022–2030. Invest or Not?

Digicoin (DGC) Price Prediction 2022–2030. Invest or Not?
Jun 03, 2022 1
Digicoin (DGC) Price Prediction 2022–2030. Invest or Not?

This article is not a thorough review of Digicoin (DGC). Instead, it focuses on the project’s fundamentals while examining past, present, and future crypto price trends to deliver a Digicoin price prediction 2022–2030. We will gather as many trustworthy bits of information as possible to create an overview of this project.

This is neither an endorsement nor a condemnation of Digicoin. Rather, it’s an attempt to depict the volatility of the crypto market and Digicoin’s position in it. Any financial decisions you make are your responsibility, so think twice before investing money you can’t afford to lose.

Read on and you’ll find out:

  • is Digicoin a worthwhile investment;    
  • what will be Digicoin’s price in 8 years; 
  • is Digicoin a scam.

What Is Digicoin?

As described on the DGC summary page of DigitalCoinPrice.com, Digicoin or Digitalcoin is a mineable proof-of-work cryptocurrency. On May 23, 2022, DGC was trading at $0.00273, which was 59% down from a year ago, though it had only $4.99 (not millions, dollars) trading volume in the past 24 hours.

The "About" section of Digitalcoin reveals that it was started in 2013, with the intent to make it a commonly used crypto. The historic high for DGC was in 2013, when it reached $0.71.

Activity on the project

The official Reddit community is r/digitalcoin, hosting 1,100 members and with the last post from August 2020. Older posts show surprisingly little activity, mostly numbering 0–2 comments per post.

One Reddit post made by user baritus2 titled "Revival underway" promised to make an ecosystem around DGC. Readers were invited to visit the Discord channel, participate in the forum, visit the website, etc.

Another Reddit user asked what makes DGC great, to which baritus2 replied that there is a solid team working on games that use DGC. Further below, the same dev praises his project.

The website mentioned in that post, digitalcoin.tech, is still up but has no meaningful content, displaying a cryptic "no sponsors" message.

The GitHub repository is similarly devoid of activity, with the last commit made around the time of that Reddit post. However, the information on that page reveals that DGC was 68% made in C++ and 17% in C. To use DGC, crypto enthusiasts were told to install Digitalcoin Core, an open-source node.

Digicoin Crypto Price Prediction for 2022, 2023, 2024, 2025, 2027, 2030

Given that there hasn’t been meaningful activity around DGC for the past 4 years, We expect no significant upward price changes. The trend for the past year is that of gradual decline to $0. Therefore, I predict the DGC price may hover for a while but will overall keep gliding to zero.

Similarly, the trading volume is way too low to give even a semblance of a healthy environment.

Year Price Prediction ROI
2022 $0 0%
2023 $0 0%
2024 $0 0%
2025 $0 0%
2026 $0 0%
2027 $0 0%
2028 $0 0%
2029 $0 0%
2030 $0 0%

Digicoin Crypto Price Analysis for the Past Several Years

Digicoin shows the typical pump-and-dump pattern common for manipulated cryptos and tulip bulbs. One such instance happened in 2014 and the other in late 2017, coinciding with the attempted revival of DGC. On July 22, 2017, DGC had a trading volume of $1.69mm.

Q&A

How reliable is this article’s forecast?

There is always a chance for a miracle, though you shouldn’t get your hopes up. Digitalcoin shows all signs of being abandoned and that the devs have moved on. If the price goes up, it is almost certainly another pump-and-dump.

Was Digitalcoin a scam?

It likely was. Though the development team did show signs of effort, the fundamentals were unhealthy and couldn’t deliver even a fraction of what was promised.

Should I buy at least $10 of DGC?

I can’t give you specific financial advice, though in this case, I would advise against it since that’s almost certainly gambling. Do your research before buying any crypto.

Is there any reason to buy DGC?

Yes, if you want bragging rights. Some crypto enthusiasts like the idea of having "a bit of every crypto" in their wallets.

Conclusion

DGC is just another of those disposable cryptos with a lofty goal that failed to be delivered. Was it the lack of marketing, devs’ inexperience, or some other factor? We’ll likely never know.

The opinions and assessments expressed in the text are the views of the author of the article and may not represent the position of Cryptogeek. Do not forget that investing in cryptocurrencies and trading on the exchange is associated with risk. Before making decisions, be sure to do your own research on the market and the products you are interested in.


Sergio Toshinaga
28 June, 11:56 PM
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