Looking for crypto assets to shore up your investment portfolio with the potential to create a massive profit on your bottom line? Degrain (DGRN), Sushi (SUSHI), and Holo (HOT) may just be your best bets during this long and hard crypto winter – we believe there’s no way to go but up for these cryptos. Here’s why they’re worth checking out.
Sushi (SUSHI) – still declining
In the mood for a delectable investment opportunity? Sushi (SUSHI), also known as SushiSwap, is an automated market maker (AMM) derived from Uniswap ($UNI) – a decentralized exchange (DEX) that allows users to swap cryptocurrencies without a centralized entity overseeing trade management. Rather, SushiSwap makes use of smart contracts to transact and calculate token prices accordingly.
Like most DEXes, Sushi (SUSHI) uses liquidity pools where liquidity providers pool their funds in exchange for financial rewards in the form of the protocol’s native token, SUSHI.
Sushi (SUSHI) isn’t the first AMM patterned after Uniswap, which still enjoys higher TVL and trade volume than any other DEX. However, Sushi (SUSHI) supports additional rewards and a broader scope for margin trading, lending, and liquidity mining operations all in one platform. That makes it a potentially lucrative project to invest in in 2022.
Holo (HOT) – investor confidence cools down
Holo ($HOT) is an innovative protocol that fundamentally seeks to reimagine how blockchains operate that seeks to enhance throughput by enabling users to store data only belonging to them. That means users don’t keep a copy of the entire ledger, enabling every device on the network to function independently and be truly distributed. Holochain (HOT) allows every user to control their data, ensuring that none of it can be exposed or sold to third parties.
Holochain (HOLO) also allows developers to build infinitely scalable decentralized applications (dApps) that require data synchronization only based on user consensus or whenever necessary. Holochain devs launched the $HOT token in 2018 to incentivize network participants and to be used as the primary network asset. Holochain’s (HOT) price performance over the recent months have been a cause for concern and investors are looking to fresh opportunities.
Degrain (DGRN) – High potential unicorn
Degrain ($DGRN) is perhaps the most exciting new protocol to invest in during this crypto recession. It has already completed its InterFi audit and Certik is in the final stages of completing the second audit.
Degrain intends to build out a cross-chain NFT marketplace platform that the space has been sorely lacking. Cryptocurrency analysts have been quick to take notice of the potential that such a protocol can have, possibly competing with titans such as OpenSea.
Eagle-eyed crypto analysts are expecting a price increase of over 6,000% before the end of the year. Savvy crypto investors would be hard-pressed to find a gem of an opportunity amid the cold crypto winter, but we believe Degrain is where it’s at. Learn more about Degrain ($DGRN) and find out how to get in on the presale.
Website: https://degrain.io
Presale: https://presale.degrain.io
Telegram: https://t.me/degrainio
Twitter: https://twitter.com/degrainio
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of NewsBTC. NewsBTC does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.
