Many analysts believe August will be a good month for altcoins and NFTs, but investors are sceptical about leaving stablecoins to invest in crypto assets because we are still in a bear market. Despite the caution, it has become apparent that some whales have been making big moves in preparation for the next market cycle. What have they been up to? They’ve been buying these three coins: Degrain (DGRN), Binance coin (BNB), and Polygon (MATIC). One of these cryptos is predicted to rise over 8,000% before the end of 2022.
Binance Coin (BNB) investors sell to buy into Degrain presale
Binance coin (BNB) is undoubtedly one of the top crypto assets in the market now. The Binance coin (BNB) token was created in 2017 to provide discounts for transactions on the Binance chain; however, it has grown to have even more use cases, including as a means of payment for some services in the real world. Binance coin (BNB) saw a 1,250% pump in 2021 before it dropped at the beginning of this year, and experts are saying it is likely to go that high again in the next bull run. Binance coin (BNB) could hit all time highs again in late 2024 which is what’s predicted by crypto analysts. Binance coin (BNB) is currently trading at $287.
Polygon (MATIC) could hit all time highs again in 2024
Polygon (MATIC) has experienced a lot of volatility since it started trading in 2017, but investors remain bullish. The platform was created as a side chain on Ethereum, and it boasts faster transactions and good security. Developers love the Polygon (MATIC) chain because of all it can do and the Polygon (MATIC) founders have shown dedication to increasing the use of the network’s native currency, MATIC. Polygon (MATIC) is currently worth $0.9, but experts believe it can double in value in the next few years. Polygon (MATIC) has got a long way to go to reach all time highs again which aren’t expected anytime this year. Polygon (MATIC) is likely to reach over $3.85 in 2024.
Degrain (DGRN) looks to be the best investment in 2022
Degrain (DGRN) has been on the tongue of many since its presale racked up 11 million sales within the first minute at $0.01 and sold out of phase one in less than two weeks.
The platform is an upcoming NFT marketplace that vows to enable cross-chain transactions while sharing revenue with its investors and stakers. If it succeeds, Degrain (DGRN) will become the first to do it, essentially making it a blue chip in the ecosystem.
The first phase of the presale ended a week ago, since phase two started over 60 millions tokens have been sold. Top crypto analysts are predicting an increase of over 8,000% before the end of the year. Liquidity will be locked for ten years, the team will lock their tokens for a year and the smart contract has passed its audit.
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.
