Since Bitcoin reached a new all-time high of $67,000 in 2021 and fell below the $20,000 line this year, investors have been in the market for a new coin that can bring them as much profit as the early BTC adopters raked in with Bitcoin.
Decentraland’s MANA and The Sandbox’s SAND have been researched by investors because they have similar roots in the metaverse meta. At some point, many were bullish on them; however, in the crypto winter the ecosystem is right now, their value has taken a tumble, and analysts have their sights set on the fast-rising Degrain.
Decentraland (MANA) investors start selling to buy into Degrain
Decentraland (MANA) has seen many price fluctuations this year, but some analysts believe the price will correct itself around November. Decentraland (MANA) saw a lot of pumps last year when Facebook changed itself to Meta to bring the metaverse to life.
Decentraland (MANA) itself is a metaverse token, so it benefited greatly from the news. The token operates on a blockchain that has dubbed itself a “world owned by users.”
Thanks to the bear market, Decentraland (MANA) fell lower than $1, but many analysts still think it could fly up to $4 or even $6 during the next bull run. Decentraland (MANA) could prove to be the metaverse king but there we are still years away from finding that out.
The Sandbox (SAND) will its hype continue to sustain it?
The Sandbox (SAND) has claimed it has a variety of abilities to offer. One of them is the SAND token. It is a relatively stable cryptocurrency making it a favorite of retailers and commercial investors.
However, what it is offering is a concept its other competitors are already building on in an attempt to create something even more unique. The Sandbox (SAND) currently faces stiff competition from Roblox, Bloktopia, Decentraland, and many others.
There is a low barrier to entry with Decentraland; however, they have to work twice as hard to stand out among its competitors. One of the things that are currently sustaining it in the bear market are the gamers who like the concept but can that hype continue to support it? The future looks bright for Sandbox (SAND) but it could take a while for Sandbox (SAND) to hit its all time highs again.
Degrain (DGRN) predicted to be the best crypto investment in 2022
Degrain took the world by storm when it launched presale phase one on July 7th and sold over 11 millions of its DGRN token at $0.01 in just a minute. In the following weeks, it continued to rise, and as of Saturday the 23rd of July the team sold out of all Phase One allocation and is now in Phase Two. The team have extended the 30% bonus to holders for a number of days before this changes to 15%. Investors are hyped at already investing in what seems likely to be the biggest crypto gainer in 2022 with some top crypto analysts predicting a 5,000% rise before the end of september.
Investing in Degrain’s DGRN is a no-brainer for many reasons besides the fact that it has managed to maintain its upward trend even in the current market conditions. One is that the platform aims to be the first cross-chain NFT marketplace and overtake the likes of OpenSea and looks rare. Imagine being able to invest in an OpenSea presale, just how many returns on your investment you would have made. Now you have that chance with Degrain who is looking to completely revolutionize the NFT space.
The NFT ecosystem has seen a lot of healthy growth these past few years, and a pioneer project like Degrain may be what you need to enjoy some of those hefty profits not seen for the last few months. It’s no wonder our pick of the month for the best investment goes to Degrain. You can enter the presale by using the links below.
Website: https://degrain.io
Presale: https://presale.degrain.io
Telegram: https://t.me/degrainio
Twitter: https://twitter.com/degrainio
Disclaimer: This is a press release post. Coinpedia does not endorse or is responsible for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company.
Was this writing helpful?
Source: https://coinpedia.org/press-release/decentraland-mana-and-the-sandbox-sand-tumble-degrain-dgrn-rises-300/