Degrain coin price analysis – is DGRN worth investing?
In this article, we will guide you through Degrain coin price analysis and prediction. Finally, we will look at the potential benefits and risks of investing in DGRN.
Degrain coin price and statistics
- Degrain Price $ 0.00001231
- Market Cap –
- Diluted Market Cap –
- 24H Volume $ 102
- Total Supply 1.00B
- Max Supply 1.00B
- Supply Inflation –
- Volatility 0.00% (Very Low)
- Sentiment Bearish
Degrain reached its peak value on January 27, 2023, when it was being traded at its highest level of $0.008254. On July 1, 2023, Degrain hit its lowest price ever at $0.057626. The lowest price since its all-time high was $0.057626 (the lowest point in the market cycle).
The highest price for DGRN since the previous market cycle low was $0.00008980 (the highest point in the cycle). Currently, the sentiment towards Degrain’s price prediction is bearish, with the Fear & Greed Index indicating a reading of 46 (fear).
Overall, the Degrain coin price analysis shows that DGRN is a promising investment for diversifying portfolios.
What is a Degrain coin?
Degrain coin (DGRN) has caused many buzz in the cryptocurrency market. The official website promotes it as the first cross-chain NFT protocol working with real-world businesses. It is a decentralized platform built on the Ethereum blockchain. This token is compatible with Ethereum and other decentralized apps. Because of its use in NFT markets, Degrain coin has become popular. It is also gaining traction on Binance Smart Chain, which is great for traders looking to expand their portfolios.
Degrain coin ICO important dates
The token sale for Degrain began on July 10, 2022, and will conclude on September 30, 2022. Out of the 300 million DGRN tokens allocated for the pre-sale, 80.9 million DGRN have been sold as of August 5, 2022. The price of the token has been gradually increasing during the entire duration of the token sale.
The Degrain ICO accepted various payment methods including BTC, ETH, BNB, LTC, DOGE, SHIB, SOL, USDC, USDT, and BUSD. Following the conclusion of the pre-sale, the distribution of DGRN tokens to ICO participants will occur through 10 weekly airdrops, each consisting of 10% of the total amount.
What was the ICO price of DGRN?
At the beginning of the ICO, DGRN was priced at $0.01, and the token’s value was raised incrementally. The team provided advance notice of these increases through their official Twitter account. The price climbed to $0.07 by August 3 and reached $0.085 by August.
How much money was raised during the DGRN ICO campaign?
Because of the lack of clarity regarding the quantity and price of tokens sold, it is impossible to determine the total funds raised during the DGRN ICO campaign.
Final verdict – is it a good investment?
Degrain price in US Dollar has increased by 0.00% in the last 1 month. DGRN is up 1.44% against Ethereum and down -1.82% against Bitcoin in the last 1 month.The NFT market is in a decline lately. And Degrain coin has seen a surge in popularity because of its use in NFT markets. So we suggest looking closer at its price volatility. Aat this moment as we can see its volatility is neutral. However the situation may change in a matter of days.
