Cryptocurrency has had a tricky time over the last few months. From highs towards the end of 2022 that have been quickly wiped out investors are now looking for the next big thing to invest in. Many people were frustrated they missed the Shiba Inu (SHIB) boom however we think there is another opportunity for the same sort of results on your investment. In this article we will see why it’s highly probable that Degrain (DGRN) the newest presale star on the block is likely to overtake FTX (FTT) and Ripple (XRP) in 2023, two very prominent and well established cryptos.
FTX Token (FTT) founder lost billions during the crypto crash
The comprehensive global crypto derivative exchange, FTX has attracted much interest up to this point and its utility token is called the FTX Token (FTT). FTX clients can use the token to earn interest while saving money. Ftx token (FTT) is a good store of value and may be acquired by anyone, even if they are not FTX users. Sam Bankman-Fried, an American businessman with experience trading foreign ETFs at real estate training firm Jane Street Capital, founded FTX in May 2019 lost billions during the latest crypto crash. The FTX Token (FTT) also supports many blockchains, enabling it to operate on several well-known ones, including Binance, Bitfinex, Huobi Global, and AscendEX. The top-performing cryptocurrency this year appeared to be FTX Token (FTT). In light of recent successes this seems more of a stable and long term hold that won’t be producing too many gains for investors in the near future.
Ripple (XRP) investors begin to buy up DGRN presale tokens
The XRP Ledger (XRPL), introduced in 2021, is a decentralized, open-source technology. Micropayments, Defi and soon NFTs are just a few payment-related applications and use cases available on the Ripple (XRP) Ledger. Developers can find a variety of tutorials on the Ripple (XRP) website that will assist them in learning how to use various coding languages, create apps, manage accounts, and more. Developers use the Ripple (XRP) Ledger and its native coin, XRP, to make inefficient solutions like remittance and asset tokenization.
The XRP Ledger has five main uses: payments, tokenization, Defi, CBDCs, and stablecoins. Given that it provided investors with a return on investment of more than 110 percent, XRP is a good investment for 2022 as by 2025, there is a good chance that XRP will surpass its current ATH, which was roughly $3.84 in January 2018.
Degrain (DGRN) Ripple investors start buying presale tokens
Degrain (DGRN) is creating a cross-chain NFT marketplace that will allow for users to buy, sell, trade and invest on a number of different blockchains. With this unique concept, Degrain (DGRN) is looking to revolutionize the NFT market. Users who purchase during the presale are given 100% off trading fees for life. Holders who stake their tokens can earn a passive income of 18% – 25% per year depending on the length of time they choose to stake their tokens. With a VIP members club for users who hold over $25,000 or more and access to real life NFT trade shows, investors of Ripple (XRP) have already started investing in the presale.
Presale started on 7th July where during the first 90 seconds of launch sold over 11.2 million tokens. The price is currently $0.01, where it’s likely to increase as the algorithm the project uses is the more tokens that are sold the price increases. Top crypto analysts have predicted that during the presale period alone which ends on September the 30th the price of DGRN is likely to increase over 3,500%.
It’s no wonder with such a promising project, investors from top cryptos like FTX and Ripple have started to invest. Find out more about the presale below
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