The cryptocurrency market has struggled lately, causing a lot of investors to pull out of the market. The crash of Bitcoin's value has caused the value of altcoins to also slip.
If you've been interested in cryptocurrency investing but were having cold feet because of the recent bear market, we have something for you. In this article, we will be providing answers to a crucial question about which cryptocurrencies to invest in right now.
Binance is the biggest cryptocurrency exchange in the world. Binance (BNB) ts a native token, is also one of the most popular altcoins, and is the fifth biggest cryptocurrency by market cap.
After hitting an all-time high of $690.63 on May 10, 2021, BNB proved to be a token with massive potential and an undeniably bullish life cycle. The coin is widely adopted due to its diverse utility and the popularity of Binance as a platform.
Binance coin (BNB) is trading at $225.41, the coin is speculated to hit $500 before the year ends and around $610 by the end of 2023. Tidy returns are expected for Binance coin (BNB) investors as it maintains its growth over time with minimal falls.
Avalanche (AVAX) launched a few years ago as a blockchain data storage mechanism and a transaction processor. It is a system that covers DeFi launching and offers hosting services to blockchain developers. Avalanche (AVAX) thrives on its swift transaction times and is mostly compatible with Ethereum.
Being a part of multiple ecosystems means that the demand for its utility is widespread, making Avalanche (AVAX) potentially a very valuable token. Presently Avalanche (AVAX) is trading at $16.78, there is nothing holding this coin back from making slow and steady gains by 2025. Investors however are seeking another option, we discuss that in more detail below.
Degrain is a new cross-chain NFT marketplace looking to completely revolutionize the NFT space. Being able to purchase an NFT in a number of different crypto currencies is a first. Degrain is giving its presale investors 100% off trading fees for life. There is a VIP members club for those investing $25,000 and more, already Degrain has seen a number of people eager to join this club.
Uniquely positioning itself in the market as the best marketplace for NFTs, it has continued to surprise spectators as it has garnered even greater traction than initially projected. The tokenomics that support DRGN (Degrain's native token) are designed on the very basic laws of economics—–demand, supply, and utility.
DGRN's utility is not isolated to the blockchain. It also offers some very important real-life use cases. Most notable of these is its IP licensing capacity which protects creators and ensures that they get a fair shake for the content that they curate.
Possessing a smart contracts algorithm, low transaction fees, and capitalizing on the trade of NFTs, DGRN is bound to explode, possibly surpassing BNB. Experts speculate a 5,000% growth by the end of September. For investors looking to hit it big, DGRN just might be the ultimate gold mine. Degrain has already sold over 40% of its phase one allocation in presale already, the price is due to increase tomorrow to $0.02 so now's your chance to invest and make potentially life-changing returns.
Website: https://degrain.io
Presale: https://presale.degrain.io
Telegram: https://t.me/degrainio
Twitter: https://twitter.com/degrainio
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.