SPONSORED POST*
The greatest question of the crypto crash is when will the market rebound? No investor knows when the indicators will become positive. Therefore, it is important for investors to begin protecting their portfolios for the long term. There are several approaches investors can take when they are hedging their portfolios.
Firstly, they should use this opportunity to review their portfolios to know what tokens have performed poorly. Removing these tokens will allow them to reallocate capital to tokens that have brought more value thus far.
Secondly, investors with vast market exposure should reduce their exposure by converting some of their crypto assets into stables. Therefore they are protected if any liquidation events occur. Finally, it is a good time for investors to purchase tokens for cheap as decent projects are currently undervalued.
Cardano (ADA), Sandbox (ADA), and Moshnake (MSH) are three crypto projects investors should be watching during this crypto crash. These projects are currently undervalued and will be a decent addition to your portfolio.
Additionally, they have strong fundamentals that indicate they are solid crypto projects with use cases. Learn more about these projects below
Cardano (ADA)
Cardano (ADA) is a Proof of Stake Layer 1 blockchain launched in 2017. The blockchain aims to use crypto technology to create positive change in the world while championing decentralization. Furthermore, Cardano will ensure that developers, creators, and builders build life-changing projects on its blockchain.
Cardano opens the doors for developing projects to help users get their life-changing products to end users. For example, Cardano is involved in some projects, including partnering with African governments and helping agricultural companies keep track of their crops.
In addition, Cardano has created products to help kids in Africa learn about the blockchain.
ADA is the utility token of Cardano, and it can be used for various purposes on the blockchain. Additionally, the token will allow users to perform transactions on the Cardano blockchain.
Furthermore, the ‘Alonzo’ hard fork of 2021 brought smart contract capabilities to the blockchain, further attracting more developers to the Cardano ecosystem.
Sandbox (SAND)
Sandbox (SAND) is a crypto gaming platform that gives users access to various blockchain games. It is a gaming metaverse project built on the Ethereum (ETH) blockchain.
Sandbox has created a gaming metaverse where users can form communities and bond over playing their favourite blockchain games. Additionally, it allows players to become creators by giving them the power to build and create digital assets.
The Sandbox project will introduce blockchain technology into gaming and change how players interact with games.
The SAND token acts as the transactional and governance token of the platform. Through the Sandbox DAO, users can vote on proposals and steer the project’s future.
SAND also facilitates various transactions within the Sandbox ecosystem, allowing users to get the most from the project. The SAND token makes it easy for users to transact and receive rewards on the platform.
Moshnake (MSH)
Moshnake (MSH) is a blockchain game that is built after the Snake game. It is a crypto NFT game with Play-to-Earn mechanics. To participate, players have to buy NFT snakes and play various game modes to earn rewards.
Users can enjoy Player vs Environment and Player vs Player game modes. Players must frequently play the game to earn in-game rewards and reach new levels. MSH is used to purchase snake NFTs and acts as the game’s governance token.
With MSH, users can have a definite role on the platform and have a say in how the game is run. There are also special events that players pay to participate in and earn big rewards.
The game is a family-friendly game that users of all ages can enjoy. You should invite your friends to play and also invite your friends to be a part of the MSH presale. There are various bonuses up for grabs, and you can be a pioneer member of the game.
Start earning in-game rewards today by playing Moshnake.
Website: https://moshnake.io
Telegram: https://t.me/MoshnakeOfficial
Twitter: https://twitter.com/moshnakeToken
*This article has been paid. The Cryptonomist didn’t write the article nor has tested the platform.
The post Cardano, Sandbox, and Moshnake: 3 Crypto Projects Investors Should Watch This Crypto Crash appeared first on The Cryptonomist.
