Anyone who has attempted to invest in a cryptocurrency during a presale will undoubtedly be familiar with how upsetting it is to miss out. Presales, on the other hand, are a means for any investor to improve their chances of profiting from a collection that could potentially be in high demand. The only drawback to this approach is that it can be challenging to locate the right presale to buy in to. This article will discuss how Degrain (DGRN), rather than Tron (TRX) or Polygon (MATIC), could be one of the best options currently available.
TRON (TRX) – could it rise further?
In 2017, the Tron Foundation developed and unveiled TRON (TRX), a decentralized ecosystem based on blockchain technology. The main goal is to encourage and assist content producers, who earn only a tiny percentage of the profits by paying them more for their work. How: by asking content consumers for direct payment (without intermediaries like YouTube, Facebook, or Apple).
The Tron token (TRX) price, according to analysts, could be poised to recover from $0.065 to levels of $0.083 if market conditions return. With around $550 million Tron tokens traded daily, it is clearly a popular coin and this could grow with the return of a bull market.
Polygon (MATIC) – interest dies down but could recover
Polygon (MATIC) is one of the highest market cap cryptocurrencies that we could see rise this year. Since its launch in 2017, it quickly became one of the most popular layer 2 Ethereum scaling blockchains. The Polygon (MATIC) ecosystem consists of thousands of DApps, the Polygon Studio, the Polygon (MATIC) DAO, and other components.
Analysts have predicted that Polygon’s token, MATIC, could potentially rise from its current price of $0.66 to $0.91 by the end of 2023 if the market returns bullish. Although price growth for Polygon (MATIC) is anticipated to continue, investors should be cautious considering it is already a high market cap project.
Degrain (DGRN) – new protocol with high potential for growth
A new NFT protocol called Degrain has just launched its presale on 7th July 2022. It appears to be an exciting prospect bringing unique features to the NFT industry. Facilitating cross-chain trading, making the process of trading between blockchains seamless. This feature alone has attracted much attention from key figures in the crypto industry. In addition to this, it aims to work with real world companies and share all platform revenue with its token investors and stakers.
At its current token price of $0.01, it is only a matter of time before this increases. 60 seconds into the presale, over 11 millions were sold. It could prove to be one of the best investments with high potential for growth. Especially given the fact that they will reach a far wider audience given the potential extensive use of revolutionary blockchain technology. It is difficult to see how Degrain (DGRN) could not be a major competitor to the likes of OpenSea and Magic of Eden in the very near future. Degrain is our pick of the week for the time being, potentially our pick of the year.
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.
