Since they were created, Cardano (ADA) and Solana (SOL) have had a good run; however, like many other coins, they have also suffered some major hits that have left them more than 50% lower than their all-time highs.
This may have something to do with why whales from both platforms have been hopping ship to the latest coin on the block, the innovative Degrain (DGRN). Experts seem to think the Degrain (DGRN) has the potential to become a bluechip, but what could be wrong with Cardano (ADA) and Solana (SOL)?
Cardano (ADA): Will the math eventually add up?
Cardano (ADA) is a blockchain platform that operates on a proof-of-stake basis. It aims to enable “innovators and visionaries” to trigger positive global change. It was created in 2017, and its native token ADA was named after Ada Lovelace, a mathematician from the 19th century.
The team behind the Cardano (ADA) platform has said the technology has a compelling use case, and in the years since it launched, Cardano (ADA) has made a lot of profit for its early investors. Unfortunately, faith in the token may be wavering in the face of the bear market.
Cardano (ADA) is currently down more than 80% from its all-time high and is constantly struggling to break that $1 barrier, but if investors turn their backs on it now, it may never recover.
Solana (SOL): When will the unstable outages stop?
Solana (SOL) was released to the public in 2020. Since then, it has become one of the most popular cryptocurrencies known for its speed which makes for a shorter validation time for even smart contract execution.
Solana (SOL) once hit an all-time high of $260; however, that price has fallen more than 80% because of the frequent outages on the blockchain, especially when major activities pull heavy traffic. As long as this continues to happen, experts have predicted that Solana (SOL) will keep losing investors.
Degrain (DGRN): The token the whales have been eyeing
Degrain (DGRN) took the world by storm on July 7, when the first phase of the presale was launched because, in the first 60 seconds, there were about 11 million sales. The Degrain (DGRN) platform aims to offer low transaction fees like Solana (SOL) for cross-chain NFT transactions.
There are plans to collaborate with real-world companies with revenue shared with token stakers and investors. Creators get their royalties paid once an NFT is sold, and users get DGRN for using the platform.
Today, Degrain (DGRN) is worth $0.19, and it’s in the second presale phase after the first ended two weeks early. Cryptocurrency analysts have predicted that the Degrain token could reach up to $5.80 by the end of 2022. It most likely won’t last long, so here’s the chance to get in.
Website: https://degrain.io
Presale: https://presale.degrain.io
Telegram: https://t.me/degrainio
Twitter: https://twitter.com/degrainio
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