2022 has been a difficult year so far in the world of cryptocurrency, with assets trading relatively low and platforms getting absorbed into the ether of irrelevance. Tron (TRX) and VeChain (VET) have had great runs in the years since their creation; however, they have been struggling to not sink to their previous all-time lows while the shiny Degrain (DGRN) token is gaining more popularity.
Tron (TRX): All-time high was five years ago
Tron (TRX) is the native currency of the Tron foundation. It was introduced as a decentralized blockchain-based operating system in 2017, and its purpose was to support and encourage content creators by letting them enjoy larger percentages of their profit instead of sacrificing most of it to third parties. It has a great roadmap; however, the price continues to fluctuate, causing investors to lose faith. Tron (TRX) has an all-time high of $0.3, but that was five years ago. Right now, it is valued at $0.07, and its popularity continues to fall.
VeChain (VET): Barely getting by
VeChain (VET) calls itself a versatile L1 smart contract platform. It was created in 2015 as a private consortium chain working alongside several businesses to explore blockchain applications. It became a public blockchain with its mainnet in 2018 using the ticker VET, and since then, it has risen more than 1500% in value. The network remains a favorite among big enterprises; however, the price is nothing to write home about. It is currently down by more than 90% from its all-time high, and investors are getting bearish by the day. Everyone seems to be asking whether VeChain (VET) will survive the bear market, but many have already jumped ship.
Degrain (DGRN): A potential blue chip
Degrain (DGRN) is a relatively new name in the ecosystem, but it continues to grow in popularity and now has many waiting to see what will become of it. Degrain aims to be the first cross-chain NFT marketplace with plans to work with real-world companies like VET. This is uncharted territory, but many believe that if Degrain (DGRN) can pull it off, it will gain instant recognition as a bluechip, and as long as NFTs remain relevant, then so will the DGRN token. The Degrain (DGRN) token is currently being sold at $0.06 and in the second phase of its presale. Top crypto analysts believe this is the cheapest we will ever see the coin before mass adoption, while it has been predicted the token will rise in value over 8,000% before the end of the year. Liquidity will be locked for ten years, the team are unable to sell any tokens for a year and the smart contract has been audited, all this makes Degrain a safe investment. We think this could be the biggest rising crypto in 2022. Use the links below to enter the presale
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.