What is OBYTE(GBYTE)?

Basic information about GBYTE

Coin name:

Obyte

Coin symbol:

Coin introduction:

Launched on Dec 25, 2016, Obyte is a distributed ledger based on directed acyclic graph (DAG). Thanks to absence of blocks and miners, access to Obyte ledger is decentralized, disintermediated, free (as in freedom), equal, and open. Obyte is the first DAG based cryptocurrency platform to support dApps. Due to absence of miners and blocks, there is no risk of front-running and other miner manipulation, and dApps are safer and easier to develop than blockchain based dApps. DApps are developed in Oscript - a new language that avoids many unsafe programming patterns common in earlier dApp platforms. Thanks to its safety, Obyte is especially well suited for DeFi apps, some are already available on the platform, such as Discount Stablecoins (https://ostable.org), some are being developed. Other features include: self-sovereign identity, private untraceable currencies, sending crypto to email using textcoins, and extremely small-footprint libraries suitable for small IoT devices.

Current Price:

$5.21More coin details

All-time high:

$1.19K

All-time low:

$0.84

GBYTE Supply Info and Tokenomics

Circulating supply:

934,246

Total supply:

1,000,000

Max supply:

Market cap:

$4.87M

Fully diluted valuation:

$5.21M

What is the outlook and future value of GBYTE?

The current market cap of GBYTE is $4.87M, ranked 2004 in the market, showing that the market already recognizes the value of GBYTE. When a bull market arrives, the market cap of GBYTE may continue to grow.

Moreover, if GBYTE can play a greater role in real-world applications—such as if the Monero developers can fully empower GBYTE and establish partnerships with more business partners to expand its user base—then the long-term value of GBYTE will be further enhanced.

What is the price of GBYTE in 2027?

According to the historical price performance prediction model of GBYTE, the price of GBYTE is expected to reach $5.47 at 2027.

Note: As with any crypto investment, investors should closely monitor GBYTE’s performance and stay aware of the risks. The crypto world is highly volatile, and adequate research and preparation are necessary.

How else can I get GBYTE?

Purchasing GBYTE with cash is not the only way to obtain GBYTE. If you have enough time, you can get GBYTE for free.

Learn how to get Hot rewards for free with GBYTE.

Earn free GBYTE by inviting friends to join LBank My Activity|LBank Reward Center

Join LBank Launchpad to get GBYTE airdrops for free.

All crypto airdrops and rewards can be exchanged for GBYTE through LBank spot trading.

Buy GBYTE starting from $1

What is GBYTE used for and how to use it?

The use cases for GBYTE may grow with the development of the crypto market and project progress. Currently, you can use GBYTE to:

Arbitrage trading of GBYTE

GBYTE is frequently traded, with constant price fluctuations. You can profit from buying low and selling high. LBank Spot market offers many GBYTE trading pairs to suit your needs.

Earn yield with GBYTE

You can also lend out GBYTE or use other Earn products to gain returns. LBank Earn platform provides a wide variety of investment products to help you maximize your GBYTE gains.

Send or pay with GBYTE

If you want to pay someone with GBYTE, you can easily and quickly send GBYTE to them using their receiving address.

You can also visit the official website of Obyte to learn more use cases of GBYTE, such as whether the Obyte project supports community/eco apps or buying physical or virtual goods with GBYTE.