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Why Solana (SOL), Fantom (FTM), and Degrain (…

August 1, 2022
in Crypto News
Reading Time: 144 mins read
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Why Solana (SOL), Fantom (FTM), and Degrain (…
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The current state of the crypto market has dealt severely with the price of many tokens and dampened the morale of investors so that the general sentiment has become one of extreme caution. Nevertheless, true traders and investors know that the fortune that comes during the bull market is usually a result of actions taken in the bear cycle. This is why many have their eyes on Solana (SOL), Fantom (FTM), and Degrain (DGRN); three coins with the potential to make investors more than a 100x gain. 

 

Solana (SOL): Has a lot of potential for growth

 

Solana (SOL) has grown in popularity over the past couple of years, and for good reason. The Solana (SOL) network offers a high TPS, great speed, and adequate scalability, which encourages builders to set down roots on the blockchain. Solana hit its all-time high in November 2021, and despite the vicious bear market, it has continued to perform excellently compared to some other coins. Investors see a lot of leg space for growth in both the DEFI and NFT sectors on the blockchain and have been betting on Solana (SOL) climbing back to $260 and then surpassing it in a few months or years. 

 

Fantom (FTM): A defi-friendly network

Fantom (FTM) is a smart contract platform that provides decentralized finance services to builders using its customized algorithm. With its native token FTM, Fantom aims to eliminate issues linked with smart contract platforms, especially speed. It currently has a daily trading volume of $256,381,602. Fantom (FTM) is ranked #58 on CoinMarketCap but remains a popular and viable choice among developers, and many believe that the Fantom (FTM) token value will rally upwards as soon as the bull cycle begins. 

 

Degrain (DGRN): Can its token 80x?

Compared to Fantom (FTM) and Solana (SOL), Degrain (DGRN) is very young. The platform aims to be the first cross-chain NFT marketplace in the world and promises investors to share platform revenue. 

Degrain (DGRN) is on that path, and investors are bullish – having completed its audit with flying colors. The DGRN token’s first presale phase began on July 7th, with 11 million sales in the first 60 seconds, and since then, the value has been moving upwards despite the bear market. The second presale phase started two weeks early, and the price of the Degrain (DGRN) token has increased to $0.06, experts believe that it could see an increase of 8,000%. We certainly think it could be the best investment in 2022.

 

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.


Credit: Source link

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