Saturday, September 23, 2023

Degrain Might Overtake Chiliz and Enjin Coin


When cryptocurrency start-ups do extraordinarily well during their pre-sale phase, they are recognized as reliable investment resources as they are. Pre-sale performance for Degrain (DGRN) has been outstanding at the initial stage. This new digital currency may overtake Chiliz (CHZ) and Enjin Coin (ENJ) in the future.

Chiliz Investors Purchases Degrain Presale

Chiliz (CHZ), the digital currency that ties you with your favorite team, is rapidly growing its ecosystem. It is done through partnerships with renowned football clubs, most notably Manchester City, Barcelona, and PSG. Tokens used for transactions on Socios’ native platform allow users to participate with their club. Also, earn rewards through tournaments and token hunts.

If you’re a fan of Barcelona or Juventus, you’ll be able to use these CHZ tokens to show your support. Since then, UFC and other entertainment brands like Chiliz (CHZ) have been added to the company’s portfolio. The Chiliz (CHZ) project will profit from Bitpanda’s newest listing, which is available to the platform’s 3.5 million users.

ENJ is Down 75% From its All-time High

Digital assets secured by the Enjin Coin (ENJ) are being used creatively. Such as generating art NFTs, digital gift cards, and merchandise by Enjin Coin adopters. ENJ is an ERC20 token launched on the Ethereum network that allows both smart contracts and transactions. Enjin Coin is a requirement for all Enjin platform users (ENJ).

ENJ, a cryptocurrency built on Ethereum’s blockchain and released at the end of 2017, resulted from an ICO raising $18.9 million. Only about 800 million of the 1 billion ENJ tokens in circulation are now in use in Enjin Coin (ENJ).

Degrain Ruled Crypto News this Month

Degrain (DGRN) wants to reverse the trend and exploits the current NFT business constraints. At its pre-sale on July 7, the Degrain (DGRN) coin sold 11 million tokens in less than 60 seconds. Drawing the attention of various cryptocurrency analysts and investors. 65% of the phase one allocation has already been purchased. With the early buyers witnessing a 100% increase in their investment in as little as one week. Investors are rushing to buy into the Degrain pre-sale because the smart contract has been audited. Also, the liquidity is locked for ten years, and the team cannot sell their tokens for a year.

Degrain is a great investment option in the current adverse market in cryptocurrencies because the network allows users to trade, provides a safer, more decentralized channel, and supports users in producing big profits on their investments. The native token, DRGN, could help Degrain (DGRN) accelerate the growth of NFT trading and volume sales.

Even if Degrain is still in its infancy, top crypto analysts forecast a gain of over 5000 percent before the pre-sale expires on September 30, 2022. Right now, Degrain (DGRN) is one of the most acceptable investment chances for 2022, with a token price of $0.01.

Louis Honsa
Louis Honsa
Louis Honsa is an independent writer for Cryptoconstellation. He is a data analyst and trades NFT’s too. Louis enjoys cycling and working out in his free time.

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