A strong Ethereum competitor by small volume, the altcoin is moving up independently from the rest of the market as a result of rumors of a major collaboration.
A small-cap altcoin peaks as it crashes into the market
Open-source blockchain project DigitalBits’s cryptocurrency XDB has seen several other altcoin projects drop this week. However, it has risen 49.5% in the last seven days. DigitalBits describes itself as a “fast, eco-friendly and enterprise-grade blockchain” designed to serve brands and other businesses. As part of their worldwide ambassadorial program, the project announced in late March that football legend David Beckham will be joining their team as an ambassador. In the announcement, Beckham said:
I’m always eager to find new ways to connect with my fans around the world. The moment I spoke to Al and the DigitalBits team, I knew this was a great opportunity for my fans to create new experiences online. I’ve always been proud to work with the best teams and I’m excited to work on my NFT collections and more innovations in the future.
According to DigitalBit’s official Twitter account, Beckham plans to “take on a fascinating series of initiatives that will highlight the power and potential of DigitalBits Blockchain technology.” As we quoted as Kriptokoin.com, one of these projects was announced on Twitter by DigitalBits earlier this week.
What is DigitalBits (XDB)?
DigitalBits is an organization supported by the DigitalBits Foundation, focused on supporting its ecosystem and related technologies. The foundation’s key objectives are to support the innovation and adoption of the DigitalBits Blockchain and cryptocurrencies in enhancing the consumer experience and corporate social responsibility initiatives, shaping commercial standards and technical development demands, growth of the DigitalBits community through a diverse regional strategy, accountability and sustainability practices and partnerships, and partnerships. to facilitate ecosystem development.
DigitalBits was conceived as a protocol layer designed specifically to support consumer crypto assets, brand currencies. As a fork of Stellar (XLM), DigitalBits shares many of the same features but differs in key aspects that support an enterprise-grade Blockchain.
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