Audited Cryptocurrency Gem Shortlist: Ethereum, Moshnake, And Hedera

Currently, buyers are attempting to balance their portfolios by eliminating underperforming projects. As investors make these changes, they mustn’t miss out on buying the dip on various projects. Before purchasing any tokens, undertake appropriate research to ensure that you thoroughly understand the project and what it does before investing. 

Investors should keep an eye on three cryptocurrency projects: Ethereum (ETH), Hedera (HBAR), and Moshnake (MSH). These three projects have demonstrated good fundamentals and solid tokenomics. Furthermore, they have established use cases that engage users. In this article, we will explain how you can capitalize on these currencies to potentially make millions in the coming months.  

Ethereum (ETH)

Ethereum (ETH) is a major cryptocurrency that hosts hundreds of dApps, exchanges, and metaverse projects as well as providing crypto enterprises with high-grade security architecture. It is a decentralized, open-source blockchain that supports smart contracts, and Ether is its native token (ETH). It is only second to Bitcoin (BTC) in market capitalization (about $218 billion).

Ether, Ethereum’s native currency, powers the blockchain (ETH). Its goal is to allow users to create new software on the blockchain to which it is linked. Thousands of new coins have been produced as a result of Ethereum’s adaptability (ETH).

The present Ethereum (ETH) blockchain will be upgraded on September 16th, 2022, which will transition Ethereum (ETH) to a proof-of-stake (PoS) consensus mechanism from the existing proof-of-work consensus method (PoW). It is a significant improvement in cryptocurrency and intended to improve Ethereum’s (ETH) performance, usage, and adoption. The integration of the Ethereum Mainnet and the Beacon Chain in Ethereum 2.0 may pave the way for the adoption of sharding.

Before the upgrade, Ethereum (ETH) is experiencing scalability challenges similar to Bitcoin (BTC), which will only worsen. In 2016, 50 million dollars of Ether (ETH) was stolen, causing Ethereum (ETH) to split into Ethereum Classic (ETC) and Ethereum (ETH). 

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Hedera (HBAR)

Hedera (HBAR) is a leading cryptocurrency platform that operates on a hashgraph blockchain. The Hedera (HBAR) Hashgraph is a unique blockchain that allows for cryptocurrency, smart contracts, and decentralized apps (DApps). Surprisingly, the network can execute more than 10,000 transactions per second with a settlement and confirmation duration of three to five seconds.

Hedera’s (HBAR) goal is to gradually transition Web2 players and developers to Web3. The technique has numerous uses and has the potential to improve gaming and e-sports fairness. Recently, the HBAR foundation announced a partnership with Dropper to boost the Hedera blockchain’s gaming launchpad and marketplace.

Following that, Dropper announced a $5 million incentive scheme for developers building NFTs on the ecosystem. The initiative claims to be 10 times quicker than competitor chains, with more predictable gas fees, making it one of the best cryptocurrencies to buy right now. With its goal of ‘smart contracts done smarter,’ Hedera has the potential to be a top initiative in the future.

When compared to other cryptocurrencies, Hedera (HBAR) is owned and supported by a number of the world’s largest organizations, and it uses a modified version of the proof-of-stake consensus process to provide faster transaction speeds, lower fees, and lower power usage. Hedera is built on a unique communication protocol that distinguishes it from proof-of-work blockchains like Bitcoin, and it uses a governing protocol comparable to the Ethereum network. 

Moshnake (MSH)

In recent years, the gaming industry has evolved rapidly. Currently, players can gain true ownership of their in-game assets using NFT-driven P2E games, which P2E game creators minted as NFTs on the blockchain. Moshnake (MSH), the new GameFi network, is a cutting-edge innovation in the virtual gaming industry since it provides gamers with additional alternatives and chances to make money doing what they enjoy.

The native token of the Moshnake (MSH) ecosystem is MSH and the token is now one of the hottest coins in the GameFi market. Token holders would also have access to all day-to-day perks, such as events, games, and services. Owners of the token will also be able to conduct transactions among themselves, as the platform has already allowed buyers to interact openly and without interruption.

Players are tasked with growing their snakes in Moshnake without letting them touch any of their bodies or run into any bricks. The founders of Moshnake (MSH) created this game intending to utilize the commercial nature of blockchain games to increase public knowledge of the cryptocurrency market and generate enormous returns for its investors. 

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Aside from serving as a governance token for its community, Moshnake (MSH) has established itself in the NFT market as an innovative web 3.0 project. Users can also vote for DAO ideas, demonstrating that Moshnake (MSH) is a community token that empowers the people.

As the value of community tokens is dependent on community members holding and using the token, it is best to engage with the project’s growing community. Experts are hopeful about Moshnake (MSH) as more cryptocurrency users join. Visit the platform’s website to learn more and sign up for the presale.

For More Information On Moshnake (MSH):

Website: https://moshnake.io
Telegram: https://t.me/MoshnakeOfficial
Twitter: https://twitter.com/moshnakeToken