The coin market is popular because of its explosive price moves. You see, the value of a coin can spike from $5 to $50 within a few days. And that’s not even the biggest price move that can occur. Price explosions like this usually produce many millionaires. That’s how the cryptocurrency market transfers wealth to people.
Anyone, including you, can become a millionaire through crypto coins. However, you’ll need to buy the right coin with the potential to do so. Are you interested in the next cryptocurrency to explode and make you wealthy? This piece will reveal crypto gems you should add to your portfolio – Polkadot, Elrond, and Moshnake.
Polkadot The Problem Solver
Many experts have been rooting for Polkadot since its inception. They are thrilled that Polkadot intends to solve a long-term problem of crypto space – interoperability. It was previously impossible for blockchain systems to communicate with each other. With the release of Polkadot, it’s now possible to transfer data and value from one blockchain to another. This decentralized protocol is also designed to be fast and scalable. DOT is the token that powers the protocol. It’s used for staking and voting on governance decisions. DOT can also be bought on top cryptocurrency exchanges, such as coinbase, binance, etc.
So, how does Polkadot connect incompatible blockchains? You see, this platform uses a main blockchain, known as a relay chain, and several user-generated chains. A connecting layer also allows data to be sent from one blockchain to another. Several parallel chains will be created connecting both blockchains whenever users wish to send data from one blockchain to another. Due to Polkadot’s design, it can handle up to 1000 transactions per second. As the network keeps growing, Polkadot is expected to get faster. Whenever users stake on Polkadot, they will earn interest for their actions.
Elrond The Payment Platform
While Polkadot was designed to handle the interoperability of blockchains, Elrond was made to focus on something else. This cryptocurrency is created to be able to handle multiple transactions at once – like a payment platform.
Elrond is a cryptocurrency blockchain that supports scalability and allows developers to develop different decentralized applications. Smart contracts are deployed to support these decentralized applications. They combine these smart contracts with Elrond Integrated Development Environment. The developers of this cryptocurrency aim to have an ecosystem of digital assets. In this ecosystem, users can access a wide pool of digital assets at a low cost. It will also be a user-friendly environment.
Early reports have indicated that Elrond can process up to 15,000 transactions per second. Elrond can reach this impressive transaction processing speed due to a process known as sharding. Adaptive sharding splits the decentralized protocol to support more decentralized applications. This project uses a secure proof-of-stake protocol (PoS). The PoS protocol ensures that all the split networks on Elrond are organized into a single functional ledger. Elrond is valuable because of its technical potential. Many developers are interested in replicating Elrond’s unique blockchain infrastructure.
Moshnake The New Crypto
In simple terms, Moshnake is a play-to-earn NFT game that’s built on the Binance Smart Chain. Perhaps the most interesting thing about Moshnake is that a retro snake game inspires it. Almost everyone is familiar with this snake game that rocked Nokia phones. Now, users get to relive that experience. Each player will be charged with guiding and taking care of their pet. To join the game, you’ll need to purchase your virtual snake NFT.
You’ll need to feed your snake with several in-game items and eggs. However, you’ll need to battle other players in the Battle Royale arena. It’s relatively easy to guide your snake around. By spending MSH tokens, you can maximize the profitability of your virtual pet. The larger your snake, the more money you’ll make.
Moshnake
Website: https://moshnake.io
Telegram: https://t.me/MoshnakeOfficial
Twitter: https://twitter.com/moshnakeToken