The first half of 2022 has been a tough time for cryptocurrency investors, with the entire crypto market losing significant value at the height of the bear market in June. Asset values dissolved into the ether, with some of the market’s biggest players fading into irrelevance literally overnight.
Meanwhile, big cap coins like Uniswap (UNI) and Tron (TRX), while enjoying stellar runs since their respective launches, have struggled to stick above their previous all-time lows. There is yet a glimmer of hope, however, for burnt investors getting into presale gems like Degrain (DGRN), which has already given early investors an incredible 600% return – and it’s only just begun.
Uniswap (UNI): pullback incoming?
Uniswap (UNI) holders gained a substantial 80% return in July following a disastrous June, primarily due to the hype surrounding the great Ethereum (ETH) Merge, triggering FOMO and a subsequent surge for tokens in its ecosystem. Uniswap (UNI) was trading at $5 at the start of July, rising to $9 as of this writing – but crypto experts are predicting a near-term pullback.
Technical analysts indicate a bearish pattern that might emerge in September for Uniswap (UNI), with a retreat expected at the $6.50-$7 levels. Uniswap (UNI) investors are treading cautiously and looking for altcoins to hedge their bets on – with Degrain (DGRN) emerging as the most promising candidate. Uniswap (UNI) holders are taking notice and acting accordingly.
Tron (TRX): bearish times ahead as popularity falters
Tron (TRX) prices are trading near support levels as of press time. Despite recording a strong May as the bear season was peaking, coupled with a strong roadmap, it has struggled to gain traction with record low trading volumes in July.
Tron (TRX) is struggling to break past the $0.07 resistance level and is currently trading at $0.065. Investors are losing faith as Tron (TRX) reached its previous all-time high of $0.23 over four years ago, leading them to put their money elsewhere with a higher ceiling. Expect bearish times ahead.
Degrain (DGRN): already up 600% since launch
Degrain (DGRN) is making waves in the second half of 2022. And why not? It’s everything crypto and NFT holders are looking for: a presale opportunity that ticks all the boxes of a project whose fundamentals are sound and whose value proposition is sorely needed. Degrain (DGRN), whose second phase of presale is ongoing, is planning to build the first cross-chain NFT marketplace.
Moreover, Degrain (DGRN) looks to offer low trading fees, fractionalized NFT ownership, and passive income via DGRN staking, to name just a few. Having already passed one audit, cryptocurrency analysts can no longer ignore the astonishing growth Degrain (DGRN) has made during its presale. Some have predicted a 9,000% rise by the end of 2022 after its presale phase two ends.
It’s still not too late for you to buy into what could be the holy grail crypto of 2022.
Website: https://degrain.io
Presale: https://presale.degrain.io
Telegram: https://t.me/degrainio
Twitter: https://twitter.com/degrainio
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