SPONSORED POST*
There are so many coins in the cryptocurrency market today; however, it takes extra work to find gems. Crypto traders are bullish on Moshnake (MSH), Shiba Inu (SHIB), and Ripple (XRP), and this is because of what they have going on for themselves currently.
In this article, we’ll explore the three tokens, their value propositions, and what drives investors’ optimism towards them. Let’s get into it.
Brand New Play-to-Earn Coin: Moshnake
Moshnake is a multiplayer blockchain game based on the classic and legendary snake game. It is developed on the Binance Smart Chain to allow players to enjoy the retro game in a more interesting way and earn money while at it.
Players simply need to buy an NFT Moshnake from the four different types available: Cobra, Mamba, Krait, and Viper. The NFT will be used in the battle against other players from anywhere in the world, with each player trying to feed his NFT with the different kinds of eggs scattered in the gaming arena. Players will also fight to stay alive as their NFTs grow longer.
The winners will gain access to the entry fees players pay in Venom (VEN) tokens before gaining access to the gaming arena. The more you win, the more money you can make.
The platform also has another token, Moshnake (MSH), which serves as the governance token and is used to pay for NFTs and transactions on the platform.
The optimism surrounding the project, especially as it begins its presale stems from its connection to the most popular mobile game that got most players into gaming. Enthusiasts are itching to experience the hit game in a bigger way. With such enthusiasm, the token is likely to soar upon launch.
Shiba Inu’s added utilities
Shiba Inu (SHIB) is the second most popular meme token to launch on the cryptocurrency market. The token trended on hype and attracted a massive community of holders and supporters.
However, as the meme coin hype begins to go down, the crypto project has branched into other use cases to sustain its reign and offer more utilities to holders.
The project now has an exchange and a metaverse platform where users can utilize their SHIB token for discounted fees, interactions, and learning.
These added utilities have influenced investors to maintain confidence in the meme coin and keep faith for a favorable run when the bull market comes.
Top 10 token: Ripple
Ripple (XRP) is the utility token of the Ripple platform, an international payment network that allows institutions to make cheap, fast, and seamless cross-border transactions.
It was created by a private enterprise software company, Ripple Labs, and includes the XRP ledger and RippleNet, a suite of payment solutions developed for institutional usage.
Interestingly, XRP is one of the most widely used virtual currencies, and it currently ranks as the sixth-largest cryptocurrency project by market capitalization. Investors find the comparatively low-priced gem attractive, given that it is lower than the prices for the other top 10 projects in the sector.
Also, as its lawsuit with SEC draws to a close, enthusiasts believe XRP’S price will surge.
The short story
Cryptocurrencies are here to stay. As coins begin to recover from the market crash in 2022, you might want to join other crypto traders to keep an eye on Moshnake (MSH), Shiba Inu (SHIB), and Ripple (XRP).
Check out these links to learn about the developing token’s presale.
Website: https://www.moshnake.io/
Presale: https://www.moshnake.io/how-to-buy
Twitter: https://t.me/MoshnakeOfficial
*This article has been paid. The Cryptonomist didn’t write the article nor has tested the platform.
The post Here’s Why Crypto Traders are Bullish on Moshnake, Shiba Inu, and Ripple appeared first on The Cryptonomist.
