Cryptocurrencies are dualistic in nature. And since this is a known fact, the crypto collapse is unusual. Despite the risks, cryptocurrencies offer the best investment chances because tokens with the most yield-bearing potential will hardly ever see prices as low as the ones they experienced during the crypto dip.
Despite being the hardest hit by the crypto downturn, Polygon (MATIC) is already on a solid uptrend and may be one of the best investments you’ll make this time around. Also, Zilliqa (ZIL) and the new NFT coin Moshnake(MSH) are aiming to follow the growing trend. Let’s now discuss these three tokens and how their value might increase over the next several weeks.
Zilliqa (ZIL) is a powerful DeFi protocol with the potential for bigger profits, although it is relatively unknown to most people. The native utility coin of Zilliqa, ZIL, is used to manage smart contracts and conduct network operations. Zilliqa (ZIL) is a public, permissionless blockchain that can execute thousands of transactions per second and has high throughput. The issue of blockchain speed and scalability is attempted to be solved by adopting sharding as a second-layer scaling solution.
The platform began supporting yield farming and many other decentralized applications in October 2020. Zilliqa (ZIL) wants to become the blockchain of choice for extensive commercial application in the advertising, gaming, entertainment, financial services, and payments sectors. Zilliqa (ZIL) intends to compete with current centralized payment systems like VISA and MasterCard, and its novel strategy gives investors more hope that they may soon be able to become millionaires with it.
One of the most well-liked networks for Web3 apps is Polygon (MATIC). It has continuously offered a more energy-efficient Proof-of-stake (PoS) consensus process and is an environmentally friendly blockchain. In the fintech industry, it has consistently been the greenest blockchain network. Over the past year, investors have taken a shine to it thanks to this consciousness.
The biggest problem Ethereum has is that it cannot scale. Although it’s still the favored blockchain network for creating decentralized applications, its relative speed and lack of scalability can make it rather challenging for developers to use. Fortunately, Polygon (MATIC) gives users the ability to build sidechains or side chains that may be joined to the primary blockchain, enabling them to get the most out of the Ethereum blockchain.
Experts have advised crypto investors to anticipate the current positive trends in $MATIC, the native cryptocurrency token of Polygon, to result in a sustained price increase. Also, given the past performance of this coin, there is a good chance that its price will soon begin to rise to a respectable level.
A brand-new play-to-earn NFT game called Moshnake (MSH) has all it takes to rule the cryptocurrency industry. It is a play-to-earn, community-based NFT game that aims to bring back the storied snake gaming experience. Moshnake (MSH) has an edge over conventional P2E games, which necessitate substantial learning and practice prior to playing.
It was crucial to provide the gamers with a familiar environment in order to extend the reach of Moshnake. Because the BNB Smart Chain is EVM compatible and permits the usage of Ethereum-based decentralized wallets like MetaMask, which is extremely popular and has more than 30 million active users worldwide, developing the game on top of it greatly aided this project. Given MetaMask’s enormous popularity, it is anticipated that Moshnake players would be able to connect to and engage with the BNB Smart Chain with ease in order to send money or carry out game-related activities.
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