Whales are not gods or men with infinite IQ; they were once regular investors who, at some point or the other, found themselves well positioned to profit from some of their financial moves. For example, a person who bought Ethereum when it was at $300 would have seen substantial gains when the token surged past the $4000 mark. And depending on how much such a person accumulated before the pump, their transactions on the chain may be able to move the market. Ethereum came a long time ago, and many missed it at the initial stages; however, we have brought you news of three coins that can help you achieve whale status in the next positive market cycle. Their names? Degrain (DGRN), Solana (SOL), and Fantom (FTM).
Solana (SOL): Will its cult-like following see substantial gains again?
Solana (SOL) is an open-source platform that uses blockchain technology to offer decentralized finance solutions. Work on it started in 2017 but did not launch officially until 2021. Solana (SOL) is a favorite among minor traders and institutional investors, thanks to its scalability and modelling; however, it has also suffered in the bear market. Solana (SOL) is currently at $39, which is more than 80% lower than its all-time high of $260. Despite that, analysts have said that Solana (SOL) will rally for an intense pump later this year, so we may see an increase in value even if it may not beat that all time.
Fantom (FTM): To buy the dip?
Like Solana (SOL), Fantom (FTM) is a smart contract platform providing decentralized finance services to developers. In 2021, Fantom (FTM) stunned investors by skyrocketing in value throughout August 2021, reaching its all-time high of $3.48 later that October. However, since then, Fantom (FTM) coin has cooled off, and with the current bear market the ecosystem is in, it has seen a considerable dip. Currently, the Fantom (FTM) token is down more than 90% from its all-time high; however, investors who still see a lot of potential are telling everyone to buy the dip as the Fantom (FTM) token is almost guaranteed to improve in the following market cycle.
Degrain (DGRN): A waking giant
Degrain aims to be the pioneer cross-chain NFT marketplace in the world with plans to do business with real-world companies, and also share of the platform revenue with token stakers.
The project debuted their presale on July 7th, reaching 11 million sales in the first 60 seconds. Not only that, the first presale phase sold out two weeks early and it is currently in the second presale phase, and the price is $0.05 and climbing. Analysts believe that the Degrain token, DGRN, could potentially see a 8,000% price increase by the end of 2022. We certainly believe that it could be the investment of the year, if not the decade.
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/2022/08/degrain-dgrn-solana-sol-and-fantom-ftm-three-cryptocurrencies-that-can-make-you-a-crypto-whale-in-the-next-bull-run