Cardano, Polygon and Moshnake: 3 Coins to Soon Dominate the Cryptocurrency Market

Trading in the cryptocurrency market is all about trends, and finding which tokens to invest in couldn't be more difficult as the crypto collapse drags on. Most coins have been on bearish trends since early 2022, from which only a few seem to recover.

Here, we have selected a few token projects–Cardano (ADA), Polygon (MATIC), and Moshnake (MSH) – that promise to get massive boosts in the market before the end of the year.

Cardano (ADA) – Steadily Increases Its Users With Each Update

Ethereum (ETH) co-founder, Charles Hoskinson, launched the Cardano project into the cryptocurrency market to provide a faster, more efficient alternative blockchain to Ethereum (ETH). The Ethereum network at the time ran on a proof-of-work protocol, which implied heavy gas fees and slower transaction execution on the network.

However, Cardano (ADA) runs on a composite protocol arrangement, which features two layers of blockchains; the Cardano Settlement Layer (CSL) and the Cardano Computing Layer (CCL). The CSL is where transaction validation occurs as it contains the user accounts and ledgers.

CCL is where computations for all transactions occur, using smart contracts. The two layers reduce the amount of energy required to process transactions, reducing network charges and increasing the speed of transaction processing.

While Cardano's native token, ADA, is not doing so well currently, analysts predict its cryptocurrency price will soon become a close rival with Ethereum (ETH). Its smart contract integration scheduled for late 2022 will allow developers to add more user-friendly protocols, like DApps and games, to the network. ADA sells for $0.44, according to CoinMarketCap.

Polygon (MATIC) – The Ethereum Solution

Given Ethereum's (ETH) now obsolete protocol, several other token projects were launched to reduce the network load. Polygon (MATIC) was one such project, as it is a side chain to the Ethereum (ETH) blockchain designed to scale it so it can accommodate more users while retaining its functionality in the cryptocurrency market.

Polygon (MATIC) helps bridge Ethereum assets to other networks, so users don't have to deal with the high gas fees on transactions. Users can send their Ethereum (ETH) tokens to the Polygon (MATIC) network for transactions while retaining access to the DApps available on the Ethereum blockchain. The same Polygon (MATIC) bridge can transfer such assets to the Ethereum wallet.

Many exchange platforms like Curve Finance, SushiSwap, and Aave already support Polygon (MATIC), and you can access the bridge on several multi-coin wallets. The network runs on a proof of stake consensus protocol, and several wallets allow for Polygon staking. MATIC is currently listed at $0.7 across various markets.

Moshnake (MSH) – Play To Earn With Added Nostalgia

Moshnake (MSH) is the latest gaming token on the cryptocurrency market, and while it is yet to launch, here are some reasons you should be on the project.

Moshnake (MSH) was built after the classic Snake game found on early mobile phones. The game is relatively easy, and it involves acquiring the snake avatar NFT and growing it to compete with other users.

The platform's play-to-earn gaming feature helps users make money from time spent on the game. Users can get upgrades for their snake avatars to help them compete better in player-versus-player modes.

There are two currency tokens on the platform, the Venom (VEN) token, and the native MSH token. VEN acts as an in-game token, which users get during the game for completing rewards and making in-game purchases. It is also useful for entering the regular game modes and resurrecting the snake avatar after the game exits.

On the other hand, MSH will be used for administrative purposes, like voting on protocol changes. It will also be used on exchange platforms as a trading coin and for buying NFTs from Moshnake's marketplace. MSH will also act as a payment for entering special season tournaments and quests.

Moshnake (MSH) is also very versatile, as it is compatible with both BSC and Ethereum networks. Moshnake (MSH) is built on the BSC network and compatible with MetaMask, an Ethereum (ETH) decentralized wallet.

This eases the transfer of funds between both networks for users, as BSC will offer lower network charges and quicker transactions while the user still has access to Ethereum-based DApps through MetaMask.

So what are you waiting for? Join the presale early through this link to participate in this project.

You can also follow them on social media to stay updated and find out more about Moshnake:

Website: https://moshnake.io

Telegram: https://t.me/MoshnakeOfficial

Twitter: https://twitter.com/moshnakeToken