Helium
(HNT)
Helium (HNT) is a decentralized
peer-to-peer network for Internet-of-Things (IoT) devices. It runs on
blockchain technology and uses nodes as hotspots to connect wireless
devices to the network. It aims to provide a means of transmitting data to IoT
devices over long distances with little power. People that own these Helium
hotspots would get Helium (HNT) tokens as
compensation for hosting the network.
Currently, Helium (HNT) has a
market of a little over $1 billion. And its 24-hour trading volume stands at
just $8.1 million. In 2021, Helium
(HNT) peaked at $55, but its price has now fallen to
$9.50. While the Helium (HNT) project has good
utility, this price action has been
unfavorable for investors. And this can be seen by the relatively low number of
miners of the tokens. This number stood at 640,000 as of March 2022. Helium
(HNT) is predicted to be trading at $22 in 2023.
What is EOS?
EOS is an open-source
blockchain platform software developers can use to create decentralized
applications. This project’s native token is EOS and aims to ease the adoption of blockchain
technology. EOS also promises to handle more
transactions per second than other networks.
However, with all the utilities
the network claims to offer, it has a market cap of just $1.2 billion. Additionally, its daily trading volume
has struggled to surpass $123 million. The
price of the EOS token rose to $22.89 in 2018, but it has since dipped to $1.02,
potentially implying it will be surpassed by upcoming
projects in 2023. EOS is likely to trade around the $2 mark in 2022.
Degrain
- Likely to dethrone Helium (HNT) and EOS in 2023
Degrain will provide its users with a number of unique
advantages. With its
cross-chain capabilities, users can buy NFTs
on one network and trade them on other networks. The founders of Degrain have emphasized their belief in giving back to users and making
it the go-to NFT protocol. It’s no wonder top NFT industry analysts have backed
Degrain to become one of the largest
growing cryptos in 2022.
Degrain’s NFT
marketplace will have lower trading fees than platforms like OpenSea and
LooksRare so users can save more money on transactions, whilst also being
rewarded for listing and trading. This perk is
sure to attract holders of mainstream NFT collections like Bored Ape Yacht Club to use
Degrain.
Degrain will also offer
fractionalized NFTs, creating liquidity within the NFT market and will help people buy from popular NFT collections that they could
not otherwise afford. As
part of its bid to offer real-world value, Degrain will utilize the
real-life benefits of NFTs and work with companies,
whilst sharing this revenue with token stakers. Degrain
(DGRN) has been tipped by top crypto analysts to rise over 5,500% during
the presale period which ends on September 30th. Our pick of the month for best
investment goes to Degrain
Website: https://degrain.io
Presale: https://presale.degrain.io
Telegram: https://t.me/degrainio
Twitter: https://twitter.com/degrainio