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Top crypto investments in 2022: Kusama (KSM) Celo (CELO) and Degrain (DGRN)

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Bear markets, while not ideal for existing investments, are perfect for developers to build and for investors to find new projects early and makes life changing gains. You’ve found the ideal place if you’re a novice investor seeking some of the best digital currencies to buy in 2022. By reading this post, you might discover some of the most well-liked and fascinating new coins worth investing in this year.

Kusama (KSM); could it decline further?

Kusama (KSM) is designed primarily for developers due to its ability to facilitate rapid speed of development. The multichain, sharded design of Kusama (KSM) uses a nominated proof-of-stake (NPoS) consensus system as an alternative to the proof-of-work (POW) scheme used by numerous other blockchains. This mechanism enables Kusama (KSM) to quickly upgrade its on-chain code without requiring a fork. It supports cross-chain message passing (XCMP), which permits interaction with other parachain on the Kusama (KSM) network.

Kusama (KSM) has declined from $288.11 in January 2022 and has been trending around $53-55 recently. Whilst we are in a bear market, it could be worth picking up some Kusama (KSM) at this relatively low price.

Celo (CELO)

Increasing smartphone users’ adoption of cryptocurrencies is the primary goal of the Celo (CELO) blockchain ecosystem. Celo (CELO) aims to make cryptocurrencies accessible to billions of smartphone users worldwide, even those without access to traditional banking services, by using phone numbers as public keys. As part of decentralized finance, the Celo (CELO) network also enables the development of smart contracts and decentralized apps (DApps) (Defi). In April 2020, Celo (CELO) debuted its mainnet.

Celo (CELO) is a proof-of-stake (PoS) coin used primarily for transaction fees and governance. The token has struggled during this bear market, dropping from a high of $5.05 in January, to $0.97 today.

Degrain (DGRN) 

Degrain (DGRN), a presale favorite, is providing growing new prospects for cryptocurrency investors to make significant investment returns. Users can buy, sell, or invest in various NFTs because of Degrain (DGRN) cross-chain capability offered by this community-driven project. Investors who use the Degrain (DGRN) trading ecosystem for NFTs are rewarded with DGRN tokens as payment for their trades.

On July 7th, the first 60 seconds of the Degrain (DGRN) presale saw approximately 11 million tokens. Leading cryptocurrency experts now predict that before the presales expire on September 30, the current price of $0.01 could increase by 5,000 percent. Phase One investors are also receiving a 30% bonus on their purchases. Crypto Academy predicts that the platform could become the market leading NFT platform, overtaking the likes of OpenSea and LooksRare. At the price of $0.01, the positives outweigh the negatives in regards, and investing in Degrain at this price could be an extremely profitable investment decision.

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

 

 


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