Litecoin, Fantom, and Moshnake— Three Cryptocurrencies that Will Reign in the Future

By September 22, 2022 No Comments

The cryptocurrency industry saw a massive uptick in 2021 thanks to everything from NFTs to DeFis tokens, DApps, crypto exchange platforms, and anything connected to cryptocurrencies and blockchain technology. However, one of the crucial cryptocurrency projects that had the most significant impact on the crypto market is NFTs.

Moshnake (MSH) is a new play-to-earn token full of surprises. If you’re looking for the best investment options for the future, then you should consider these three: Litecoin (LTC),  Fantom (FTM), and Moshnake (MSH). Here’s why.

Litecoin (LTC) Leads The Pack

Litecoin (LTC) was developed in 2011 as a fork from Bitcoin (BTC) blockchain. It was initially created to ease the developer’s worries that Bitcoin was becoming more centralized and to make it harder for large-scale mining companies to dominate the mining process. One of the original goals of Litecoin (LTC) was to prevent large-scale miners from taking over the mining process by employing a different encryption technique.

Litecoin (LTC) uses encryption to permit ownership and exchange. Additionally, Litecoin can be used to pay for products and services through payment processors that enable retailers to accept bitcoin and other cryptocurrencies.

Don’t Be Scared Of Fantom (FTM)

Fantom (FTM)  is a DAG-based (Directed Acyclic Graph) smart contract platform for decentralized applications (DApps). Fantom (FTM) is an open-source, decentralized, highly scalable platform for creating crypto DApps. A DAG’s networks consist of vertices and edges for data modeling and structuring, unlike blockchains that contain blocks. Fantom (FTM) was developed to overcome the drawbacks of earlier blockchain platforms like Bitcoin and Ethereum, particularly the slow transaction times. FTM is the native token of the Fantom network and can be used to secure the network for validator compensation and governance-related tasks.

Scalability is not a priority when designing traditional blockchain systems; instead, security and decentralization are given top priority. For instance, a transaction on the Bitcoin network may take ten to fifteen minutes to complete. By using a leaderless proof-of-stake (PoS) protocol to secure the network, the Fantom team hopes to close this gap (i.e., the blockchain does not compromise security or decentralization). Additionally, a transaction on the FTM network completes in 1-2 seconds.

Meet Moshnake (MSH)

Moshnake is a new NFT project set to soar on the crypto market. The Moshnake token ($MSH) is the ecosystem’s native currency. The token is built on the Binance Smart Chain smart contracts, and a Decentralized Autonomous Organization (DAO) governs its activities. Moshnake (MSH) is likely to be successful because it possesses several positive traits and isn’t just dependent on hype.

The play-to-earn NFT game, Moshnake (MSH), is based on the well-known Snake game. In the early days of the internet, many individuals still vividly remember playing this famous game on their Nokia phones. With its simple yet rewarding game mechanics, this game dominated the mobile gaming market and captured the attention of the entire generation. With the help of Moshnake (MSH), users can relive their golden years while anonymously making money. Each player in the game will be able to control their own Moshnake NFT, which they may feed with various sorts of eggs and in-game NFT goodies to use against other players in a combat royale arena.