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The crypto-verse is a market that has its highs and lows. However, long terms holdings in cryptocurrency niches can prove to be fruit-bearing even after long periods of time. If you are wondering which cryptocurrencies would be the most ideal for you, given the array of options available, then fear no more!
To ease your tension, we are here with the top three coins that have the highest probability of gaining returns from the bear market. These include Mushe (XMU), Shiba Inu (SHIB) & Litecoin (LTC). Read on to figure out which one is the best fit for you!
A major portion of the crypto projects that you see in the market is decentralized in nature; akin to its predecessors, Mushe (XMU) is an upcoming decentralized token. Designed specifically to facilitate peer-to-peer interactions, provide users with rewards and serve as a governance token. It is all set to play a major role in the metaverse of its own and in offering liquidity for activities across the exchange. The token is also aiming to create an optimal experience for users.
One of the core missions of the developers behind this blockchain is to support worldwide crypto adoption and assure that, everyone has access to digital assets. The team believes that when everyone around the globe has instant and easy access to digital assets, it will be easier to preach benefits.
Mushe (XMU) also aims to craft a social impact by educating people about the benefits of digital currencies and financial management. It has plans to shift to the Stellar open network since it is one of the most renowned networks for offering users fewer transaction costs and financial backing for digital assets as well.
Back in 2020, the ERC-20 token, Shiba Inu (SHIB), was created to copycat another eminent crypto, Dogecoin (DOGE). Despite the initial bearings of the platform, it has modified the fundamentals and is now equipped with a DEX, a metaverse platform, and is accelerating speedily towards token burning for long-term positioning.
The token is also getting increasingly adopted for payment purposes, and the number of organizations that accept it is on the rise. It is one of the most dominating and interesting cryptocurrencies in the world today. It began its journey with quadrillion tokens, but now almost 50% of its tokens have burned.
The predictions for the year 2022 include that Shiba Inu (SHIB) can reach $0.0001 in the crypto market following the crypto winter. By 2023 the pricing is expected to rise to $0.00015 in 2023 and by 2025 $0.0002. The ecosystem for this token is still in its developmental phase, and this year, the performance is bound to escalate.
Given the internal fundamentals and overall market growth as driven-by Bitcoin Halving, Shiba Inu (SHIB) can have its pricing pushed higher. The current ranking is 13, and the market cap is $434,178,348 at the time of writing.
Designed by former Google engineer Charlie "Satoshi Lite" Lee, he is the pioneer of Litecoin (LTC). The current market cap is $3,839,050,868 at the time of writing and is currently ranking 20th. It has strong support in the development of the community and is often used as a testbed for other digital currency projects due to how much developer activity the blockchain can provide and how simple it is.
The majority of countries' regulatory entities support it, and it is amongst the earliest cryptocurrencies to have hit the market. It has extreme levels of popularity with retail buyers, traders, and more.
The strength of Litecoin (LTC) often shows in the market as it is the altcoin that has rallied most of the cryptos and has recently halved, thereby helping pull other coins out from the bear market into the bull market.
Mushe (XMU) though a relatively new coin and on par with veterans of the crypto-sphere, shows the promising potential for a better world. After all, the blockchain developers of this coin are not after crypto profits alone. Rather, their aim is to educate, enlighten and then raise the bar for the crypto-verse. Seems to us a viable opportunity for a long-term hold; the question is, do you agree?
Website: https://mushe.world/
Twitter: https://twitter.com/Mushe_World
Telegram: https://t.me/musheworldXMU
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
