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With cryptocurrency prices at relatively low levels, now is the time to be consolidating your portfolio and investing in tokens with potential for high levels of growth. Dogecoin (DOGE), Polygon (MATIC) and Degrain (DGRN) are three that we have identified and believe could be some of the best investment opportunities of 2022.
Polygon (MATIC) – Big plans for the future but declining popularity
The layer 2 platform, Polygon Network, was founded in 2017, and its native cryptocurrency is Polygon (MATIC). The Polygon (MATIC) Network, formerly the Matic Network, enables developers to generate and implement interoperable blockchains with the Ethereum (ETH) blockchain quickly.
Polygon (MATIC) empowers other Ethereum-based initiatives to transfer the data and tokens between one another using Polygon (MATIC) sidechain. Polygon’s native token, MATIC, has declined as of late to USD 0.54, however, with its aim to offer a framework for blockchains, analysts have predicted MATIC could rise to USD 2.40 by 2025.
Dogecoin (DOGE) – Volatile but potential
Dogecoin’s (DOGE) token value has been extremely volatile recently due influences from Elon Musk, Tesla CEO. In addition, Elon Musk’s USD 44 billion offer for the social media firm, Twitter, caused Dogecoin (DOGE) to rise by as much as 27%.
‘The IT Experts’ recently reiterated their support for Dogecoin (DOGE), which appears to be the catalyst for a meaningful use case for Dogecoin (DOGE) in the future, perhaps as a tipping token on the platform. Dogecoin (DOGE) is currently USD 0.059, with a USD 7.8 billion market cap and multiple analysts have agreed that the token price could rise nearly 100% to USD 0.103.
Degrain (DGRN) – An early opportunity to a revolutionary protocol
Degrain (DGRN), an upcoming NFT protocol which launched its presale on July 7, sold a staggering 11 million tokens. Degrain (DGRN) aims to be the first cross-chain platform that trades NFTs across blockchains, using various cryptocurrencies. It also intends to work with real world companies and mint contracts via a NFT, whilst sharing all platform revenues with token stakers and investors.
No other NFT technology has enabled cross-chain transactions yet. The Degrain (DGRN) project developers plan to adopt a robust and comprehensive growth plan with the aim of long-term, organic community expansion. Leading cryptocurrency analysts anticipate a 6,000% rise before the Degrain (DGRN) presale ends on September 30th; we think this could be one of the cryptos with the most significant gains in 2022. Degrain (DGRN) is our year’s selection; it is anticipated to become a unicorn company in 2023.