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Breaking News: Banks Can Soon Issue Stablecoins: FDIC Begins Rulemaking Under GENIUS Act
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Breaking News: Banks Can Soon Issue Stablecoins: FDIC Begins Rulemaking Under GENIUS Act

Altcoins With 50x Potential: Fantom (FTM), The Sandbox (SAND), and Degrain (DGRN)

Bitcoinist
by Bitcoinist
Last Updated: July 11, 2022 11:36 am
·
Posted in Press releases
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Many people argue that the best times to invest in crypto are long gone and that the major cryptocurrencies no longer have great ROI.

However, many smaller projects with much lower market caps still have ample room for growth, with coins like Shiba Inu (SHIB) being a testament to this. These investments are also the best bet for regular people with limited funds who want to take big risks with even bigger rewards. That being said, here are three cryptocurrencies that are likely to reward investors with at least 50x their investment in ROI.

Fantom (FTM)

Fantom is an open-source smart contract platform with a knack for being adapted to digital assets and decentralized applications (dApps). It runs on the Proof-of-Stake consensus mechanism, with a range of complex infrastructure designed to make it a fast, secure, and completely decentralized platform.

The Fantom  (FTM) coin, named after the platform itself, Fanton (FTM), is a utility token built on the Fantom network. As with the vast majority of tokens in the crypto market today, Fantom’s token value has taken a huge hit, placing the token at a current price of $0.27 per token. Fantom’s (FTM) market cap is currently $660 million, and has a daily trading volume of $94 million, leaving it with enough room for improvement toward becoming a multi-billion-dollar market cap token.

Considering FTM’s limited supply, which makes it slightly deflationary, it is in a prime position to soar massively in market value once the current bear market comes to an end. Experts predict as high as a 50x ROI for investors who buy into Fantom (FTM) during this bear market, and by the looks of it, they may be right by 2025.

The Sandbox (SAND)

The SandBox (SAND) is a play-to-earn blockchain game developed both for mobile phones and Windows PC. Just like other blockchain games, The Sandbox (SAND) has its own utility token named SAND, which serves as the official in-game currency.

SAND is not only the lifeblood of The SandBox’s financial ecosystem, but it is also the native token of The SandBox’s virtual world that allows players to build, own, and monetize their gaming experiences on the Ethereum (ETH) blockchain.

Sandbox’s (SAND) market cap is about $1.3 billion with a daily trading volume of $143 million. Its price is at a very low point, having fallen from about $7 per token in January to $1.18 currently. Nonetheless, its creators continue to optimize and improve the platform, and huge price recoveries may be on the cards.

Degrain (DGRN); potentially the investment of 2022

And last, but certainly not least on the list, is Degrain (DGRN). Degrain will be a one-of-a-kind cross-chain NFT marketplace that promises to revolutionize NFTs. How?

By enabling trading across multiple networks, users are not pigeonholed to just the network on which they minted or listed their NFTs but can buy and sell NFTs even with tokens that are not native to the network of the NFT.

Its presale saw over 11.5  million tokens sold in just 90 seconds on July 7th, showing just how much faith investors have in the future of this token. At a price of just $0.01, there could not be a better time to buy before the price increases.

To put the benefits of DGRN into perspective, consider a few highlights from its tokenomics:

  • Lifetime Passive Income
  • Trading Rewards
  • Staking Rewards
  • Real-world revenue sharing

Being early to projects is where the most profitable opportunities are found. In this case, presale investors in Degrain will likely see a great 50x investment, possibly up to 1,000x if the experts are right. It is only a matter of time.

Website: https://degrain.io
Presale: https://presale.degrain.io
Telegram: https://t.me/degrainio
Twitter: https://twitter.com/degrainio

 

Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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