In this article, we compare various important crypto assets and their recent performances. While doing so, we will discover how the new crypto Degrain (DGRN) might surpass Cronos (CRO) and Binance Coin (BNB) in 2023. The latter two are all supported by well known, international cryptocurrency exchanges.
Binance Coin (BNB) can it pick up from recent lows
BNB is used to pay when making trades where users get a discount on the trading fees. BNB uses an auto-burn system that modifies the amount of BNB that will be burned depending on the BNB price and the number of blocks created on the BNB Smart Chain (BSC) throughout the quarter.
Just under 1.4 million transactions can be handled per second and it offers a reduced gas fee compared to other cryptocurrencies. BNB is now placed fifth with a market cap of $38.7 billion and its current price at the time of writing is $237.36 – investors seem wary about its future.
Cronos (CRO) is trading at the same price as a year ago
Trading, investment, staking, wallets, NFTs and other services are available on Crypto.com. Cronos (CRO) is Crypto.com’s native digital currency. It enables users to access a range of tier-based rewards and benefits inside the Crypto.com ecosystem, to enable customers to pay for physical products using cryptocurrencies.
The Crypto.com ecosystem provides advantages including lower trading fees, larger lending incentives and more. Transactions on the Cronos blockchain and the Crypto.org chain are mostly funded with CRO. Users can also stake CRO to access Crypto.com VISA cards, rewards, discounts, and other benefits.
There are only 30 billion CRO coins available in total, after token burn in cryptocurrency history involving the burning of 70 billion CRO tokens. CRO is now ranked 20th by market capitalization with a total market cap of $7.4 billion. The future is bright for Cronos, but trading at the same price as a year ago has unsettled investors.
Degrain (DGRN) presale token with potential 1,000x gains
Degrain (DGRN) is the world’s first cross-chain NFT marketplace that rewards its holders. Imagine listing an NFT on the Ethereum chain and receiving offers from other changes such as Avalanche or Binance Smart Chain. With Degrain’s (DGRN) new marketplace you will be able to do exactly that. Presale buyers receive 100% off all trading fees for life, as well as numerous other rewards.
Degrain (DGRN) will be utilizing unique and revolutionary smart contracts and has stated they will only accept no funding from venture capital firms.
Degrain (DGRN) is now open for presale where investors can reap the rewards by getting a 30% bonus of DGRN tokens on their early investments. Having such a unique idea will bring the masses to their marketplace. Users that purchase during the Presale Phase One will be able to get the highest ROI possible. It’s usually hard to find projects with such potential but this one really sticks out. Crypto analysts are predicting a 5,000% gain before the presale ends on September 30th. Our top pick for crypto investment this week, goes to Degrain.
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/new-crypto-degrain-dgrn-could-overtake-binance-coin-bnb-and-cronos-cro-in-2023