The cryptocurrency market has been bearish for a few months. Anxiety levels are high as things look grim for many rooms. Some altcoins, however, have proven resilient to the failure of the fiat economy and crypto bearish trends.
During June 2022, the charts show positive trends, which means fertility for investments, decent returns and growth. With the current rise in altcoins, a massive migration is in place as investors look for countermeasures to secure their finances and future. We will explore some of these bullish altcoins in this article.
Chainlink (LINK) – What the Future Holds
Chainlink (LINK) has proven to be a big player in the long run as investment continues to grow on the platform. This bullish trend could be due to multiple use cases and recent mass adoption.
The Chainlink (LINK) platform has been the leading provider of decentralized and open source oracle solutions. The native token, LINK, is built on the Ethereum (ETH) system and currently ranks 26th on CoinMarketCap, with a value of $6.8 as of the fourth week of July.
With around half of LINK’s total supply in circulation, the coin is guaranteed to rise significantly before the end of the year. Provided tokenomics stays on the green side and the utility does not fail, Chainlink (LINK) will do well in the coming weeks. Experts suggest that Chainlink could hit $16 by June 2023.
Ripple (XRP) – Troubled but Resilient
Over the past month, Ripple (XRP) has maintained a bullish state and posted an average growth of 2.95%. It ranks 7th on CoinMarketCap by market capitalization.
The open-source exchange medium is valued at $0.35 with an all-time high of $3.84. Ripple (XRP) did not stay long in the red zone but maintains an upward trend. With a growth rate of 3.08% this week, XRP could reach $0.9 before the end of the year, provided the current momentum is maintained.
Degrain (DGRN) – A star is born
This future high-utility NFT market protocol may have been inspired by OpenSea, but looks set to overtake the crypto NFT scene. Currently in the pre-sale phase, its token, DGRN, is priced at just $0.05 and experts believe there will probably never be a better time to join the project. Investments are made possible through their presale, which is currently open and has already seen the light of day The first phase ends two weeks earlier.
A remarkable feature of Degrain is his existence without risk capital. The absence of VCs who could influence the project for personal gain and reduce public rewards makes DGRN a token that promises fair growth and profits to masses of investors, rather than a few. Through presale, buyers are not only rewarded with a 30% bonus on presale investments, but also enjoy a 100% discount on all transaction fees for life.
Analyst predictions for the Degrain token, DGRN, are between 7,000% and 9,000% growthh. These numbers are calculated based on statistics, utility metrics, and comparisons with cryptocurrency projects with less utility.
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