The DGTX token is the lifeblood of the DFE. With all trades, profits, and losses denominated in DGTX, it’s the only passport to zero-fee trading. But even if you’re not a trader, there are plenty of reasons to HODL DGTX. Here are just five.
1. DGTX Has Already Delivered Over 400% ROI, With More to Come
With the current token price of $0.0434, DGTX has delivered a 434% return on investment since the ICO, when tokens sold for just one cent. At its peak price of $0.16, DGTX delivered a return of 1,600% above the ICO price. You don’t see returns like that on the stock market.
But even if you’d sold at $0.16, you’d have been missing out on the future gains to be had once the DGTX token realizes its full potential as a true utility token. When traders can use DGTX to access trading with zero fees, making scalping a viable strategy for crypto for the very first time, demand will be sky-high. With a limited supply, we believe that DGTX will quickly see a new all-time high.
2. Crypto Futures are a Massive Growth Market Right Now
Until the economic effects of the coronavirus became evident, open interest in BTC futures was over $5 billion – more than double what it was in September. Although the March crash caused a severe drop, the market has shown strong and continuous growth ever since, nearly back to $4 billion already.
There’s still plenty of appetite on the market for crypto futures, and other derivative products. With a zero-fee trading platform, Digitex is primed to scoop up a significant proportion of the existing market and future growth. And the more trading on the DFE, the more demand for the DGTX token.
3. All the Signs Point to a Bull Run for BTC
The prospects for economic growth over the coming months and years look pretty grim. During times of economic downturn, investors have traditionally looked to gold as a safe haven. Since the crisis moment in mid-March, Bitcoin has been showing a higher correlation to gold, following similar price trends.
Furthermore, the third halving event is now behind us. After the previous two halvings, Bitcoin delivered returns of 944% and 38% within six months. Within a little over a year of its second halving event, Bitcoin reached its all-time high of $20,000.
So all the signs are there that Bitcoin could be off on an epic bull run. BTC futures offer a means of getting into Bitcoin without having to buy the asset itself or store it in a wallet. There’s also the fact that the crypto markets tend to follow Bitcoin as a leader, so when the BTC price goes up, so do the rest of the altcoins.
Therefore, a Bitcoin bull run will be great news for Digitex, and for the DGTX token.
4. The DFE Has Insane Liquidity with Under 500 Traders
Today, we onboarded another 100 traders to the DFE, bringing the total to 420. These guys are highly engaged users, and have been having a ball during the volatility in the BTC price over the last week.
Their efforts brought us to a new record high of 15 million contracts in a 24 hours, amounting to $115 million in volume.
This liquidity is evidence that the DFE offers users an addictive, enjoyable, and most importantly, profitable trading experience. It proves we can attract users, and indicates the kind of demand and usage we’re going to see once we’re fully open to the public. Demand for the DGTX token will drive price, creating healthy returns for holders.
5. The Digitex Team Delivers
Adam is the first to admit that we had a rocky road to launch. But he always promised that he would deliver a cutting-edge, zero-fee futures trading platform with the first ladder in crypto. And he did.
Despite the massive last-minute hurdle of a global pandemic forcing the entire team to work remotely, the DFE opened as planned on April 27. We continue to onboard new users each week, and the exchange is proving to be robust in the face of increasing user activity.
Now that he’s proven he can do it, Adam is working on some extensive and exciting plans that will further drive demand for the DGTX token. We can’t wait to share them with our loyal community. Generating returns on the value of DGTX is the best way we can thank you for your support.
If you want to buy DGTX tokens, then the Treasury still has a limited number available for purchase. Buying from the Treasury is the best way to support the ongoing operations of the DFE. Tokens are sold at a 10% premium above market value, but there are no commissions or trading fees applied. All transactions are secure, trustless, and instant.