The severity of the ongoing bear market and its effects on the day-to-day activities of crypto regulars, such as investors and traders, is no news to anyone paying attention. The situation is so dire that crypto regulars are left with no choice but to explore various unorthodox methods and strategies to curb the effects of the bear market. For crypto investors, long-term cryptocurrency investing is a familiar and reliable strategy that has produced wonderful results in previous bear markets. It offers a way out of the current situation and promises massive returns in the long run.
However, finding the ideal altcoin to make a long-term cryptocurrency investment upon can prove to be a herculean task. Thankfully, after extensive market research, we have come to the conclusion that these three altcoins – Solana (SOL), Polkadot (DOT) and Moshnake Token (MSH), possess the most growth potential and could yield up to a 100x profit in the long run. We examine what makes these three altcoins fantastic investment options below.
Solana (SOL) is a notable open source project that provides decentralized finance (De-Fi) solutions within the cryptocurrency industry through blockchain technology. It is a platform that facilitates the creation and deployment of decentralized applications (dApps) While increasing the level of scalability within the industry.
Solana (SOL) has a reputation for short processing times and significantly decreased validation times for transaction and smart contract execution. It can achieve this through an innovative hybrid consensus mechanism, which is a combination of the new Proof of History (PoH) and Proof of Stake (PoS) consensus models. Solana’s speed and performance have been hailed within the industry, and it is one of a few blockchain networks capable of challenging Ethereum (ETH), the most dominant smart contract-capable blockchain.
Its native cryptocurrency, SOL, is an integral part of its ecosystem and facilitates several operations, such as network governance and payment fees. A top 10 cryptocurrency by market cap, SOL is available on several crypto platforms, including Binance, Coinbase, FTX, Bilaxy and Huobi Global.
Polkadot (DOT) is an open-source, sharded blockchain-based protocol that connects and secures a network of specialized blockchains. It is one of the few blockchain systems solving the interoperability problem within the cryptocurrency industry. Polkadot (DOT) facilitates the cross-chain transfer of any data or asset types, not just tokens and is the ideal environment for a decentralized internet of blockchains, also known as Web3.
Polkadot’s native cryptocurrency, DOT, plays an integral role in its operation, enabling crypto-related functions like staking, security and network governance. It is a highly sought-after cryptocurrency available on several crypto platforms within the industry, such as Binance, Huobi Global, OKEx, Coinbase, and KuCoin.
Moshnake Token (MSH) is the native cryptocurrency of Moshnake, a BNB Smart Chain (BNB) based crypto gaming platform massively inspired by the classic Nokia snake game from the early Internet era. On the platform, Moshnake Token (MSH) facilitates various operations, from network governance to payment fees and interaction between players. The token is one of the most anticipated gaming coins this year and could make an excellent long-term cryptocurrency investment in the current climate.
Moshnake Token (MSH) is fast approaching its presale when it will be available to the general public for purchase. As a highly anticipated token, there is every possibility that it will sell out fast, meaning that interested investors need to be ready to avoid missing out. Get access to more information on the Moshnake Token (MSH) when it is available here.
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