The bear market discourages the launch of projects, and the existing ones will suffer many bloody charts. Some may be lost in the process, while others will see new lows discouraging investors from risking their liquidity by buying the dip.
Despite this, some tokens, like Degrain (DGRN), which are in presale are still holding out and have huge potential. Surviving the bear market for these tokens may indicate how far they will run in the bull market. In this article, we examine the reason why the newly launched Degrain (DGRN) has been breaking records while Zcash (ZEC), and Litecoin (LTC), older tokens, are suffering.
Zcash (ZEC)is a decentralised cryptocurrency that boasts security and anonymity like Monero. Zcash (ZEC) operates on the zk-SNARK zero-knowledge proof technology, which enables nodes on the network to verify transactions without disclosing any sensitive information.
At its all-time high, Zcash (ZEC) was worth almost $6,000 per token; however, in the years since then, Zcash (ZEC) has fallen more than 98%, That all-time high of Zcash (ZEC) was witnessed six years ago, and the investors involved keep losing faith with every year that passes. Zcash (ZEC) has potential but Zcash (ZEC) investors are starting to worry further falls are on the way. Many Zcash (ZEC) holders have sold to buy ito the Degrain (DGRN) presale
Litecoin (LTC) is the governance token of the Litecoin (LTC) platform, which was designed to provide fast, secure, and low-cost payments by leveraging the unique properties of blockchain technology.
Since Litecoin (LTC) was created in 2011, Litecoin (LTC) has had a great run however, like many other tokens in this bear market, Litecoin (LTC) has fallen a great deal from its all-time high. Today, Litecoin (LTC) is worth $57 however, if it continues to lose followers, analysts say the coin may never recover. Litecoin (LTC) could recover its position in 2024 but Litecoin (LTC) investors will be waiting a while.
Degrain (DGRN) plans to be the first cross-chain NFT marketplace with plans to collaborate with real-world companies while giving back to its early supporters and users. Degrain (DGRN) is the native currency for the proposed platform, and on July 7th, the first phase of its presale was launched.
Degrain (DGRN) shocked many people when it was announced that there were over 11 million tokens sold within the first 60 seconds of launch during Phase One. Phase One sold out over two weeks early and with investors rushing to buy into the Degrain (DGRN) presale Phase Two has already sold over 85 million tokens.
The presale is now in its second phase and each Degrain (DGRN) token sold is going for $0.085; that price is bound to rise before the end of the presale, so now is the time to get in. Top crypto analysts have predicted a further rise of over 8,000% before the end of the year. Degrain (DGRN) will be locking liquidity for ten years, the team will be unable to sell any tokens for the first year while the smart contract passed its audit with flying colours. Therefore, this is proven to be a very safe investment. Having done much research within the crypto markets, our pick of the month for best investment in 2022 goes to Degrain. You can use the links below to buy into the presale.
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.