Crypto enthusiasts are always on the lookout for new and upcoming cryptocurrencies that have the potential to offer high returns. Moshnake (MSH), a new cryptocurrency with amazing play-to-earn (P2E) potential, is one such crypto currently garnering a lot of attention.
Additionally, as crypto users seek to profit from their holdings, many consider staking a viable means of earning. Today, Avalanche (AVAX) and Algorand (ALGO) rank among the best cryptos for staking.
In this article, we discuss the new cryptocurrency, Moshnake (MSH), and its optimization for gaming. We also discuss the staking capabilities of Avalanche (AVAX) and Algorand (ALGO) and why staking with them represents one of the best long-term crypto investments.
Avalanche is a Treasure Chest with Amazing Possibilities
Avalanche (AVAX) prides itself as the premiere scaling solution for Web3 decentralized applications (dApps). As a cryptocurrency market leader, Avalanche (AVAX) is native to Avalanche, a blockchain network and one of the fastest, open, programmable smart contract platforms by time-to-finality.
Avalanche’s (AVAX) network enables users to build fast, low-cost, and solidity-compatible dApps. Users can also utilize Avalanche (AVAX) to launch private and publicly customized blockchains.
Beyond the above capabilities, Avalanche (AVAX) is great for staking thanks to its network’s use of the Proof-of-Stake (PoS) mechanism and ability to scale to millions of validators. Crypto enthusiasts can start staking on the Avalanche (AVAX) network once they hold up to 25 Avalanche (AVAX) coins.
Staked Avalanche (AVAX) coins help to secure the network, confirm transactions, and provide user rewards and incentives. Staking Avalanche (AVAX) guarantees between 4% and 20% APY, making the altcoin worth purchasing today for profit maximization.
Moshnake – Optimized Crypto for Blockchain Gaming and P2E
Moshnake (MSH) is a new cryptocurrency aiming for top spot in the blockchain gaming sector. The Binance-based gaming token will power a traditional gaming ecosystem with integrated game finance (GameFi) and nonfungible token (NFT) capabilities.
One of the key features of Moshnake (MSH) that makes the altcoin a must-buy is that it offers players a play-to-earn (P2E) feature, meaning users can utilize Moshnake (MSH) tokens to play the ecosystem game and earn NFT rewards for their time.
Moshnake (MSH) tokens enable holders to purchase their unique Moshnake NFTs, which they can use to play and earn in-game NFT items they can later sell or trade to improve their earnings.
Moshnake’s presale is on, meaning you can rush now to buy a new cryptocurrency with a robust roadmap and the potential to explode once it hits the market.
Upon launching, Moshnake (MSH) will be sellable and tradable on many crypto exchanges, which is another opportunity for early buyers to profit from selling or swapping.
Algorand – Sustainable Crypto Without Compromises
Experts consider buying Algorand (ALGO) among the best long-term crypto investments in 2022. Like Avalanche (AVAX), Algorand (ALGO) is another top-performing staking altcoin to watch out for right now. Algorand (ALGO) uses a unique PoS mechanism, employing a selection process that randomly selects validators to validate the next block.
Staking with Algorand (ALGO) is simple since only 1 Algorand (ALGO) coin is sufficient to qualify holders to become validators. This upside is a huge opportunity for those who want to join the staking ecosystem but cannot afford to buy enough coins to become validators on other networks.
Regarding staking rewards and interests, Algorand (ALGO) offers annual earnings between 5% and 10% of the total Algorand (ALGO) tokens staked.
While it is essential to consider factors such as market capitalization, price volatility, inflation before purchasing a cryptocurrency, there are other factors to consider. These factors include staking capability and P2E.
If you seek the best cryptos to stake with, consider Avalanche (AVAX) and Algorand (ALGO). If you are more interested in gaming rewards, Moshnake (MSH) should rank high on your list of cryptos to buy.
Disclaimer: This is a sponsored article. The views and opinions presented in this article do not necessarily reflect the views of CoinCheckup. The content of this article should not be considered as investment advice. Always do your own research before deciding to buy, sell or transfer any crypto assets.