Even the most experienced investors misunderstand the bear market cycle. How many times have you heard about someone getting “rekt” this year in crypto? The list is endless. Getting rekt does teach some harsh but fair lessons: don’t overextend yourself, always take profit, don’t mess around with leverage, and always keep a healthy cash position – cash is never going out of style anytime soon.
That said, the bear market is what it is: the best time to accumulate and if you want to come out of this crypto winter on the winning end, you should consider buying into these three projects. We explore the new crypto craze Degrain (DGRN) which has been predicted to make more returns than Shiba Inu.
Shiba Inu (SHIB) investors begin to buy into presale Degrain
Shiba Inu (SHIB) has gone far beyond just a memecoin or “Dogecoin-killer” – Shiba Inu (SHIB) will go down in the history books as the single biggest one-year ROI on an altcoin with a staggering 46,000,000% return at its peak in October 2021, criticism and snarky comments be damned.
Shiba Inu (SHIB) had a meteoric rise and the attention it drew from industry giants last year is what drove it to heights never seen before, followed by widespread investor interest across the board. While Shiba Inu (SHIB) is now firmly ensconced in the top 20, there might still be room to grow with projects such as its stablecoin, a trading card game, and a P2E game still all in the works. Shiba Inu (SHIB) holders are hoping for something dramatic to happen to see prices rise again.
Dogecoin (DOGE) Over 85% down from it’s all time high
The OG memecoin, Dogecoin (DOGE), has also been through a wild roller coaster ride since its origins as a literal “joke” crypto created by Jackson Palmer and Billy Markus in 2013. At the height of “Dogemania” in 2021, the doge-themed crypto hit #3 in market cap – only behind Bitcoin and Ethereum, with a $100 billion market cap and $0.69 ATH. That’s no laughing matter.
Since then, Dogecoin (DOGE) has been trading at around $0.067 as of this writing – a 90% drawdown from ATH. And with about $614 million traded in the last 24 hours, trading volume has careened into the abyss. Despite plenty of things to be optimistic about Dogecoin (DOGE), recovery will probably take several years before it breaches even half of its ATH. Dogecoin (DOGE) is still a long way off from its all time high and there could be better investment opportunities out there.
Degrain (DGRN) predicted to bring over 5,000% gains by October
Could Degrain produce even higher returns? Savvy crypto investors think so, which is why SHIBA and DOGE whales – and those that missed out on both memecoins – are turning their sights on this revolutionary cross-chain NFT protocol.
And why not? A cross-chain NFT marketplace is exactly what the moribund NFT space needs – and Degrain (DGRN) is in pole position to overtake established platforms like OpenSeawith its novel revenue-sharing, staking (18% APY for passive income), and real-world benefits such as a VIP club for investors holding $25,000 and above.
Perhaps most strikingly, Degrain is limiting VC participation, opting for a fully decentralized and transparent public launch. Sharp crypto observers predict that DGRN could make an epic 8,000% run at its current price of $0.04. Given how well it has performed through its ongoing presale where Phase One sold out in less than two weeks, which has already given early investors a 300% return, the sky’s the limit for Degrain. It could be THE crypto gem of 2022. Learn more about Degrain and get into the action before it’s too late.
Website: https://degrain.io
Presale: https://presale.degrain.io
Telegram: https://t.me/degrainio
Twitter: https://twitter.com/degrainio
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
Source: https://cryptodaily.co.uk/2022/07/shiba-inu-shiba-and-dogecoin-doge-whales-seek-opportunity-in-degrain-dgrn