Every time new protocols in the crypto asset industry perform well beyond expectations during presales, they are generally regarded as solid, worthwhile investments that will run long and hard in the industry. Polygon ($MATIC) and Tron ($TRX) are such investments, which have since rewarded early investors with massive gains as they hit the top 20 in crypto market capitalization.
One cryptocurrency with a similar presale performance is Degrain ($DGRN), which could outperform Polygon and Tron by the middle of 2023. Here’s why whales are shifting their focus towards this NFT marketplace ecosystem that may be the sleeper crypto pick of 2022.
Polygon ($MATIC) investors start to buy into Degrain presale
Polygon (MATIC) is one of the top 20 highest market cap cryptos that could still have another upwards run in 2022. Since the Polygon (MATIC) 2017 launch, Polygon (MATIC) has become one of the leading layer two solutions that allow scalability and interoperability on the Ethereum blockchain.
MATIC traded at $0.54-$0.60 last June, but since July, it has rebounded to $0.84-$0.90. Crypto experts predict that it could reach its December 2021 ATH price of $2.92 within the next three years. However, crypto investors have been advised to temper their expectations of $MATIC despite its expected continued price growth, considering its already high market capitalization.
Tron (TRX) is a crypto known by most and here to stay
Tron (TRX) is a blockchain protocol launched in 2017 whose aim is to support content creators by giving them a bigger piece of the income pie for their work. Tron (TRX) does this by enabling them to request direct payments from their followers using their Tron (TRX) token without centralized intermediaries taking the lion’s share of their profits.
Tron’s (TRX) potential is evidenced by its popularity and high market capitalization, and its lofty aims are backed by a solid roadmap. However, like MATIC, investors should be cautious and reasonable about their goals, considering that TRX is trading around $0.06 as of this writing – a mere stone’s throw from its January 2018 ATH of $0.23. There is still profit to be made, but expecting a 5,000% gain at any time is unreasonable.
Degrain (DGRN) predicted to overtake Tron and Polygon
That brings us to Degrain (DGRN), which has caught the eye of whales shifting their focus from high market cap cryptos. Degrain has already done a 4x since its presale hit the market on July the 7th, rising from a launch price of $0.01 to $0.04 at press time. Degrain’s NFT marketplace protocol enables cross-chain transactions – something existing marketplaces like OpenSea haven’t been able to offer. Crypto experts are predicting that Degrain (DGRN) could easily do an 8,000% run – a fantastic opportunity for investors to get on the ground floor of what could be a blue-chip project for massive returns.
Degrain will enable users to take advantage of lower transaction fees, take part in fractionalized NFT ownership (meaning any DGRN holder can buy into and own a portion of blue-chip NFT collections like Bored Ape Yacht Club for as low as $10), take part in virtual and real-world events, and stake their $DGRN tokens for passive income at 18% APY. Don’t miss the presale. Learn more about it below.
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/whales-shift-focus-from-polygon-matic-and-tron-trx-to-degrain-dgrn