Table of Contents:
- Our prognosis
- What is Obyte coin?
- Future price prediction
- Frequently asked questions
- Historical Price Data
Why we are bullish on Obyte Up Only
In this article, we will show you why we are bullish on GBYTE and why we believe it will do well in the near-long term.
What is Obyte? GBYTE Fundamental Analysis
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 BYTESByteball has been rebranded to Obyte, for more information related to the rebrand, please click here.
Future price prediction
Date | Price | Possible movement |
---|---|---|
Apr 11, 2021 | $37.2528 | Neutral |
May, 2021 | $ 42.6536 USD | Upside |
June, 2021 | $ 43.1000 USD | Upside |
July, 2021 | $ 45.5882 USD | Upside |
October, 2021 | $ 49.3357 USD | Upside |
April, 2022 | $ 54.9736 USD | Upside |
GBYTE Crypto Price Forecast: Frequently Asked Questions
Question | Answer |
---|---|
Will Obyte rise today? | Yes Obyte will rise today. It's already higher than it's opening price. That's a great sign |
What will be the highest price of Obyte (GBYTE) in future? | Our analysis shows a possible all time high of $54.9736 USD |
Will Obyte (GBYTE) price increase in future? | Yes. We believe Obyte (GBYTE) will increase exponentially in future. Up to $54.9736 USD |
Will an Investment in Obyte (GBYTE) be profitable or make a loss? | Obyte will be a profitable investment in the next 1 year if you hodl. |
What will be the highest price of Obyte (GBYTE) in future? | $54.9736 USD |
Will the price of Obyte (GBYTE) move downward in future? | Up only |
At the end of the year, what will be the price of 1 Obyte? | Our end of year prognosis of 1 GBYTE = $54.9736 USD still stands. |
What is the Obyte price prediction for 2025? | By the year 2025, the price of one GBYTE could be as high as $274.8678 USD |
Obyte price prediction for 2030? | Too hard to predict. A lot can change between now and 2030. |
Where do I buy Obyte? | Great question. Buy GBYTE coin here → |
Historical Price Data (USD)
Pay close attention to daily volume flutuations. Rising volume like Obyte has is a great indication it will do well in the short term.
Date | Price | Volume |
---|---|---|
March 24, 2021 | $34.28 | $15,012 |
March 23, 2021 | $32.24 | $20,943 |
March 22, 2021 | $34.21 | $29,166 |
March 21, 2021 | $34.4 | $13,053 |
March 20, 2021 | $33.97 | $31,174 |
March 19, 2021 | $33.65 | $18,379 |
March 18, 2021 | $35.61 | $27,209 |
March 17, 2021 | $32.86 | $5,649 |
March 16, 2021 | $34.85 | $25,430 |
March 15, 2021 | $33.92 | $38,722 |
March 14, 2021 | $36.35 | $16,014 |
March 13, 2021 | $37.33 | $50,265 |
March 12, 2021 | $38.96 | $13,849 |
March 11, 2021 | $38.14 | $25,912 |
March 10, 2021 | $37.18 | $16,541 |
March 9, 2021 | $35.86 | $32,805 |
March 8, 2021 | $37.09 | $9,454 |
March 7, 2021 | $34.59 | $8,686 |
March 6, 2021 | $33.67 | $9,059 |
March 5, 2021 | $34.61 | $8,935 |
March 4, 2021 | $37.88 | $25,031 |
March 3, 2021 | $33.63 | $22,498 |
March 2, 2021 | $33.53 | $10,620 |
March 1, 2021 | $30.44 | $6,670 |
February 28, 2021 | $31.64 | $9,359 |
February 27, 2021 | $32.17 | $11,773 |
February 26, 2021 | $32.3 | $19,646 |
February 25, 2021 | $35.88 | $59,824 |
February 24, 2021 | $35.97 | $33,253 |
February 23, 2021 | $40.72 | $33,478 |