Gala (GALA) and Theta Network (THETA) have rallied after weeks of diminishing prices, but prices and sentiment remain bearish.
Meanwhile, newer protocols like Degrain (DGRN) have offered crypto investors a once-in-a-lifetime opportunity to make life-changing profits, with the Degrain (DGRN) token due to surge to its true value by the end of 2022.
It should come as no surprise that Gala (GALA) and Theta Network (THETA) token holders are beginning to divest their holdings in favor of Degrain (DGRN) – considering their holdings are being vastly outperformed by the latter.
Gala (GALA): a tough 2022 for blockchain gaming and Gala (GALA) token prices
Gala (GALA), the native token for Gala Games’ blockchain gaming ecosystem, has been hit hard by the crypto bear market of 2022, representing the diminishing interest in speculation in blockchain gaming in general. Investors and players have since moved on, and Gala (GALA) token prices reflect this exodus.
Gala (GALA) token price has experienced a precipitous fall from $0.71 to $0.06 – a 91% decline from its November 2021 peak. Gala (GALA) investors’ confidence is waning as interest in blockchain gaming is.
Theta Network (THETA): struggling to bounce back
Theta Network (THETA), a blockchain protocol currently used for decentralized video streaming and video-on-demand services has come a long way since its launch in March 2019. Theta Network (THETA) coin prices have since gone on an epic run, peaking at $15.72 in April 2021.
However, Theta Network (THETA) prices have since fallen by the wayside, currently trading at a 90% loss from all-time highs as of this writing, despite boasting partnerships with Samsung and Sony. Theta Network (THETA) trading volume and market capitalization have also fallen significantly, indicating a struggle to regain past glories.
Degrain (DGRN): potential to reach $4 by the end of 2022
Degrain (DGRN) is planning to build the first-ever cross-chain NFT marketplace offering token holders countless opportunities for passive income with revenue sharing, staking, and discounted transaction fees, all of which will be built into the Degrain (DGRN) protocol.
With presale phase two prices currently at just $0.099, it’s still early to get in Degrain (DGRN) as prices are anticipated to do a possible 40x from this point forward to around the $3.96 mark. Experts have been quick to take notice of Degrain and its ambitious plans and labeled it as a protocol with a bright future ahead. Having already passed its audit, the founders have stated that liquidity will be locked for 10 years!
Presale phase two is ongoing, but we believe time is running out to get into Degrain (DGRN) with over 85 million tokens sold already.
Website: https://degrain.io
Presale: https://presale.degrain.io
Telegram: https://t.me/degrain.io
Twitter: https://twitter.com/degrain.io
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Source: https://www.thecoinrepublic.com/2022/08/12/gala-gala-and-theta-network-theta-holders-flocking-to-degrain-dgrn/