To be successful in the world of crypto, you need to be able to spot trends from a mile away and tell when a project is giving bluechip vibes. Truly, spotting a good project is no mean feat given how many scams are out there today, but it is easy to get the right information if you know where to look.
In this article, let’s discuss a potential blue-chip named degrain degrain NFT Market Place Followers : 0 View profile that has been performing well while older tokens with larger followings like Decentraland (MANA) and Hedera (HBAR) are struggling.
Decentraland (MANA): Down more than 80% from all-time high
decentraland decentraland TechnologyMetaverse Followers : 0 View profile is a virtual reality platform that operates on the ethereum ethereum Blockchain NetworkTechnology Followers : 0 View profile blockchain. Decentraland (MANA) allows users to create, experience, and monetize the content and applications they create. Decentraland (MANA) is one of the native tokens of the platform, and the second is known as LAND.
These are the early days of the metaverse, and for Decentraland (MANA) as it is not mainstream yet, many are sceptical about investing in metaverse projects like Decentraland (MANA). Those who have invested have been getting increasingly worried as the Decentraland (MANA) token has fallen more than 80% from it’s all-time high. What does the future hold for Decentrland (MANA), time will tell. A number of Decentraland (MANA) holders have sold to buy into the Degrain (DGRN) presale.
Hedera (HBAR): Shows no sign of recovering from the downward trend
Hedera (HBAR) is a unique platform because it was not built on a normal blockchain. Instead, Hedera (HBAR) uses a new type of distributed ledger technology called a Hashgraph. This technology makes it faster, more cost-effective, and very scalable.
Despite that, like other coins, Hedera (HBAR) has taken a solid hit in the current market cycle. Hedera (HBAR) is currently worth $0.07 and Hedara (HBAR) has been on a downward trend for most of the year. The continued fall may signal many investors to exist, and if they all turn their backs on Hedera (HBAR) now, it may never come back from it.
Degrain (DGRN): Predicted to be the best investment of 2022
Degrain (DGRN) is an upcoming cross-chain NFT marketplace with plans to give back to its community. With Degrain (DGRN), users can trade and take payments from various networks – something that any of the existing marketplaces has never accomplished.
Degrain (DGRN) is the native token of the network, and users of the platform will be rewarded with it. Those who decide to stake some or all of it will be given a share of the revenue generated from the day-to-day operations of the Degrain (DGRN) platform giving a passive income for holders.
The presale of the Degrain (DGRN) token kicked off strong on July 7th with over 11 million tokens being sold in the first 60 seconds of launch. Presale phase one sold in less than two weeks with investors rushing to jump onboard. Phase two started not long ago and already over 85 million tokens have been sold making this one of the biggest presales the crypto world has yet to see.
Phase two will likely sell out early, with the price increasing as more tokens are sold. Top crypto analysts have predicted a rise of over 8,000% before the end of the year. Liquidity will be locked for ten years, the smart contract has undergone and passed its audit while the team will be unable to sell any of their tokens for the first year. All of this makes for a very safe investment. You can join the presale using the links below.
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