Why DigixDAO Coin Soared on a Day Cryptos Crashed
The DigixDAO coin price is shooting through the roof while Bitcoin and altcoin prices nosedive. This has recurred a few times in the past couple of months, sparking investor speculations that DigixDAO may be the crypto world’s safe-haven gold equivalent. After all, it bills itself as a “gold standard” in the blockchain world.
It almost seems true that investors begin to rotate money into DigixDAO every time the market crashes, and away from it as the market recovers. Similar market rotation is seen in traditional markets, between stocks and gold; turbulence in the stock market likewise drives investors toward gold.
The post DigixDAO DGD Coin: Purported Safe-Haven Crypto Surging While Market Crashes appeared first on Profit Confidential.
Written by Palwasha Saaim B.Sc @ https://www.profitconfidential.com/cryptocurrency/digixdao/dgd-coin-gold-safe-haven-crypto/ March 16, 2018 Palwasha Saaim B.Sc