Since crypto and NFTs became mainstream, many projects have been released into the market. Most of these projects become irrelevant or die off within weeks of their launch date. On closer inspection, one can see that those projects lack genuine utility. We have been paying close attention to Degrain (DGRN), a promising NFT project that is sure to stand out from the swarm of cryptos that have dominated the market. Below we analyze why this could be the best investment in 2022.
Litecoin (LTC): Unrealised potential, will it see gains?
Litecoin (LTC), a peer-to-peer cryptocurrency, was initially launched as an alternative to Bitcoin (BTC), and was supposedly the ‘silver’ to Bitcoin’s (BTC) gold. Litecoin’s (LTC) aim was to improve on Bitcoin’s (BTC) shortcomings and act as a faster and less expensive alternative to Bitcoin (BTC).
It sparked enthusiasm at the time and saw its price hit an all-time high of $412. But the price of Litecoin (LTC) has dropped to $52.52 now, and investors are increasingly looking for a way out. This is happening despite hovering around $550 million 24-hour trading volume of Litecoin (LTC). The potential for Litecoin (LTC) as an investment looks increasingly uncertain.
Polygon (MATIC): Is it too late to buy now?
Polygon (MATIC) finds itself in the same position. Polygon (MATIC), a scaling platform for the Ethereum (ETH) network, is currently trading at $0.58. MATIC is the native token of the Polygon (MATIC) network and is used to drive development and used for staking and payments. Its current price is a long way off its all-time high of $2.92. This, along with its 24-hour trading volume of approximately $800 million, is certainly a cause for concern in the near future. Polygon (MATIC) has struggled,
Degrain (DGRN): Why we believe it could bethe best investment in 2022
NFTs are usually confined to a specific network, but Degrain (DGRN) will break that barrier and allow NFTs to be tradedacross different networks using various cryptocurrencies.Stakers of the DGRN token will be able to purchase fractionalized NFTs, providing those who would not otherwise be able to afford NFTs from collections such as Bored Ape Yacht Club (BAYC), the opportunity to become proud owners. Renowned Web3 experts predict the Degrain (DGRN) token could experience an increase of up to 8,000% from its current presale price of $0.01.
Importantly, Degrain aims to be the very first NFT protocol to work with real-world companies, mint the contracts via an NFT and share these revenues with token stakers.
As long-term holders of popular tokens like Litecoin (LTC) and Polygon (MATIC) are exiting their positions to buy Degrain (DGRN) presale tokens, prominent cryptocurrency analysts have touted Degrain to potentially be the best investment of 2022. Find out more information below and how to join their presale.
Website: https://degrain.io
Presale: https://presale.degrain.io
Telegram: https://t.me/degrainio
Twitter: https://twitter.com/de
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
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