Byteball Price Prediction

$-0.11 (-0.31%)

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Today's Forecasts

Byteball(GBYTE) opened trading today at $35.86. It achieved a Market high of $37.11 and a subsequent Market low of $35.37, Representing a change of $-0.11 and price percentage change of -0.31% . Its current Price is $35.75 representing a market share of 0.00% only.

A total volumn of $0 worth of Byteball traded hands today, achieving a Maximum Market Cap of $24,274,106 for the day.

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The Bull Case 🐃 for Byteball
Many people are looking to invest in digital assets (including Byteball) owing to the enormous return which they provide. Even the institutional investors are trying to invest in such assets. This is highly positive for Byteball as a platform. As the traction of the platform increases more and more, the price of the cryptocurrency would also go up. This is a huge positive for the platform in the future.

With the thrust on the digitization of assets increasing and the awareness of cryptocurrency assets also on the rise, Byteball has a lot of potential ahead. As long as the organisation is able to execute their strategy the price of the token would also keep on increasing. This will attract a lot of investors to this cryptocurrency.

Byteball is currently trading around $35.75.

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Price Predictions for Today, This Week and This Month 🚀

Critical Fundamental Analysis of Byteball

Byteball is a decentralized database with it's own native cryptocurrency, Bytes, that unlike most does not require PoW or PoS mining and does not have a blockchain nor blocks. Instead, Byteball links transactions by signing the hashes from the previous transactions on the new one. These links between transactions form a DAG (Directed Acyclic Graph). Since Byteball has no blocks, there is no block size issue.

Byteball can be used as a means to transfer value between users in a transaction, either with Bytes or assets that can be issued on the network or as a decentralized data base that allows users to store information within it. Byteball's currency, Bytes, are used to pay transaction fees in this network. Transactions can be meant to exchange value or to store any type of data. The transaction fees (Bytes) are relative to the Bytes used in the transaction, so if a transaction uses 500 Bytes, that's the tx fee that will be charged. This system gives the currency intrinsic value, each Byte is worth a byte of information that is stored on the network, which alows the system to scale according to its use.

1 GBYTE equals 1000000000 BYTES

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GBYTE Trading Stats for Today - 2019-02-22 04:46:12 +00:00 GMT

Market share 0.00%
24h Open $35.86
24h Low $35.37
24h High $37.11
Current Supply 679,008 GBYTE
Total Supply 2,147,483,648 GBYTE
Market cap $24,274,106
24h Volume (coin) 0 GBYTE
24h Volume (currency) $0
Last updated 2019-02-22 04:46:12 +00:00 GMT

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Common GBYTE Price Prediction Questions

What is Byteball’s potential future value?

GBYTE's future value is strongly correlated to it's Fundamental Analysis. We made this easier by giving a short concise write-up here on what Byteball is and what it does. This is because Byteball's price will only rise and make you rich if it’s doing something special e.g. Ethereum which made it possible to create simple smart contracts on the Blockchain, minted the most number of Crypto millionaires. Now ask yourself - Can GBYTE make you one?

What is going on with Byteball's price?

In order not to be too rattled, read our Fundamental analysis above on Byteball to know if it’s a good hodl.

How high will Byteball go?

No one really knows for sure. We however predict GBYTE might be 4x by end of 2019. This will depend however, on the larger crypto market 4xing as most coins whether good or not, mirror Bitcoins loses or gains. If in doubt about any coin, either BUY BTC, ETH or stay out of the market. For now!

Why is Byteball(GBYTE) rising today?

On a day to day basic, we do not have that information. However, look above to see our Fundamental Analysis of Byteball to see its expected value. You can also visit Byteball's website here - Visit website.
A good reason for any intra-day pump is usually partnerships, implementations of a roadmap e.g. Mainnet launch or listing on a new exchange (mega-pump).The Byteball website page will quickly provide you with that value.

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Why is Byteball's price going down?

It’s difficult to tell right now as the daily GBYTE candle hasn’t closed. However a quick way to know the reason for any sudden disruption in Byteball's price is to look at its social media feed to see if it released news that the market revolts at or it’s simply a red crypto day.
To view the Social sentiments for Byteball, Simple click the Social Button on this page, located immediately below the Price Charts.

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GBYTE Live Prices Data
ID Market Type Price Quantity Total
Byteball Social Sentiments

Byteball Daily Price History

Date Price Volume