The price of popular tokens like Bitcoin (BTC) and Ethereum (ETH) is declining by more than, while other tokens like Solana (SOL) and Avalanche (AVAX) are declining even further. Overall, cryptocurrencies are not having a good day. Despite this surge of unfavorable sentiment, some coins are swimming against the tide and have so far managed to increase investor returns. These coins include Degrain (DGRN), Avalanche, and Apecoin (APE). In this post, we provide more information about these initiatives where Degrain (DGRN) has been tipped to rise over 8,000% by the end of the year.
Apecoin (APE) investors sell to buy into Degrain presale
According to information from CoinMarketCap, the price of ApeCoin (APE) has increased by about 2 percent during the last 24 hours to $6.92 per coin. Meanwhile, trading volumes have increased 53 percent over the same period to $574.16 million, or almost 25% of the project’s overall market capitalization.
The token’s performance has been solid, given that APE generated gains of approximately 54% over the past 30 days.
Furthermore, the governance proposal AIP-70 was authorized. With the help of this initiative, the project’s DAO can allocate $150,000 for the development of the Bored Ape Gazette, a website that would inform readers and the broader public about the Ape ecosystem.
Avalanche (AVAX) has a long way to go to reach all time highs
The smart contracts platform Avalanche has become famous for serving as a starting point for various DApps, from DApps to NFTs. Avalanche is renowned for its network reliability, scalability, and low costs—in contrast to some of its rivals, who have experienced lags.
Avalanche has a lot of potential due to its advantages and could increase in popularity and worth over time. As adoption increases, Avalanche has thus far displayed good price responsiveness. Avalanche hit its lowest price ever in 2020, at $2.79. Avalanche rocketed to an all-time high of $146.22 in November 2021. According to most Avalanche price forecasts, AVAX will continue to do very well among altcoins for many years.
Degrain (DGRN) tipped to be the best investment in 2022
The debut of Degrain (DGRN), which aims to create the first cross-chain decentralized NFT platform, is currently in presale and is likely to be one of the most significant cryptocurrency events of 2022.
Presale Phase One started on July 7, 2022. Still, because of the tremendous interest from crypto traders in this system, it has already sold out more than 60 million tokens in its second presale round.
Its native token, DGRN, has seen a 5x return since its launch at $0.01 per token (now trading at $0.06), giving participants massive gains irrespective of the bearish market. Reputable crypto analysts predict that when Presale Phase Two is over by the end of September, the price of the DGRN token will increase by 8,000 percent.
Website: https://degrain.io
Presale: https://presale.degrain.io
Telegram: https://t.me/degrainio
Twitter: https://twitter.com/degrainio
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