Moonshot Crypto: Can this Meme token outdo the others in the crypto sector?

An insight into Moonshot crypto

Moonshot is a protocol that calls itself a Deflationary, self-regenerating automatic liquidity-providing protocol. Moonshot crypto was launched recently in March 2021. Built on the Binance smart chain, the project was initiated with a goal to facilitate the holders with rewards simply because they hold the tokens. Launched by a team with pseudonyms, the main developer being Control Zero, Contributors are by the names CryptoSeas and CryptoKam, whereas some of the others are Iuisqsm, Smack, CryptoHunter, etc.  

They incentivize the users to hold the Moonshot Crypto tokens (MOONSHOT) in their wallets. One key factor is just buying and holding.

Another factor that the Moonshot crypto is popular for is that the users get paid for every transaction. Hence, more transactions carried out means increasing every user’s net worth. But Moonshot is just not limited to this. It is much more than just the token utilization; it is also indulged with the NFT marketplace, NFT collections, its own merchandise, etc. 

Features of the Moonshot crypto

Moonshot crypto is Deflationary: The total supply of this cryptocurrency decreases with time. This crypto asset initially started with a supply of one quadrillion. And at the time of writing, around 40% has been burned already.

Self-regenerating and Automatic: The payments are coded into each transaction, which requires a 10% fee. Out of which 4% are distributed to the Moonshot holders directly. And the remaining 6% is added to the Liquidity Pool.

The total Supply of Moonshot crypto: The maximum supply of this cryptocurrency is massively high of 1 Quadrillion. 

MOONSHOT’s utility: Apart from building a solid user base, the crypto asset further plans for users to buy Moonshot’s Non-Fungible Tokens (NFTs) through Moonboxes. 

Components of Moonshot crypto

MoonBoxes: This was the Initial NFT Offerings (INO) platform built on the Binance Smart chain (BSC). Through the MoonBoxes, the creators are able to launch their own NFT collections. It’s a home for the NFT collectors and artists.  

MoonSea: MoonSea is an NFT marketplace by Moonshot that it plans to release in the first quarter of this year. They are currently in the process of building this marketplace that will support ERC-1155 tokens on BSC. But this platform will not be limited to just Binance Smart Chain; it will be a decentralized NFT marketplace open to every collection. It plans to allow users to buy, sell, bid, mint, like and share the NFTs. A unique feature of this marketplace will be the referral feature, which allows the users to receive a part of the referral user’s trading volume commission when they share the unique link to the MoonSea marketplace. 

MoonShooter: MoonShooter is an animated series of NFTs in the MoonBoxes, virtual boxes containing NFTs. MoonShooter NFTs are a collection of six different design frameworks: Asteroids, Astronaut in the Ocean, Floating in Space, Inside the Rocket, Standing on the Moon and In Front of the Rocket. 

Roadmap of Moonshot

The upcoming plans of Moonshot for the Quarter one of 2022 are:

Moon Arcade: These will be the addition to the MoonBoxes, through which participants will be able to access the arcade-style games and load Moonshot NFTs to use in-game. The first game to be prototyped is Masteroids (Moonshot Asteroids).

Moon Lottery: Users will also be able to participate in the Moon Lottery through the Moonshot platform. Tickets for this lottery can be purchased with BNB. There will be a small fee deduction to donate to a community chosen charity.  

The project further aims to be a prominent player in the NFT sector. The users can expect new NFT collection drops via MoonBoxes(dot)io, a new official Moonshooter NFT drop, more utility for the MOONSHOT token, NFT gamification, exploration of the Metaverse, etc.

They are also working to deploy some unique features to thrive as one of the biggest players in the industry, like:

NFT Liquidity

Listing- Payments through the Moonshot crypto token on MoonBoxes(dot)io and MoonSea(dot)io.

Floor Sweeper- To purchase various floor-prices NFTs from any collection at one go, through one transaction. 

How to buy Moonshot crypto?

Here are the steps to buy Moonshot crypto:

• Getting an Account: The first step to buy Moonshot crypto is to register an account on a cryptocurrency exchange and clear the verification process.
• Buy a significant cryptocurrency: You first have to buy a cryptocurrency after selecting your preferred payment mode. For this, click on Trade and choose the crypto asset you want to purchase and confirm the transaction. 
• Now that you own some cryptocurrency, get an account with an exchange that supports Moonshot crypto and clear the security verification process. 
• Transfer the crypto asset you bought before into this exchange.
• Use this crypto asset to purchase Moonshot: You can now exchange your crypto asset with Moonshot tokens by going on the Swap or Exchange button. And now you can confirm the transaction. 

Moonshot is available for trade on some popular exchanges like PancakeSwap, BitMart, P2PB2B exchange, HotBit, Latoken etc. Before starting to buy Moonshot crypto, the users should thoroughly research the crypto exchanges, such as their transaction fees, if they have any specific requirements, etc.

Moonshot Crypto Price Prediction

Moonshot is trading at $0.000000003381 at the time of writing. It stands at 5743rd position by market cap, which is $2,058,847. The token witnessed its All-time high in April 2021 when it hit $0.00000011. 

The crypto industry being a volatile one, many entities often predict the prices of several crypto assets. One such Moonshot crypto price prediction was made by DigitalCoinPrice, who expects the token to witness $0.00000000726 by 2025. Whereas PricePrediction predicts the Moonshot crypto token price to reach a maximum level of $0.00000002 by 2025. 

Although these various Moonshot crypto Price predictions would prove accurate or not will be something to look forward to. Because the Moonshot protocol is still in its evolving phases and is planning to explore a lot more in the coming future. It will be interesting to see if these factors will help the newly emerged project evolve more in the future and make a prominent space in the crypto industry.

ALSO READ: Moonshot scheme to resurrect woolly mammoths taken by Bitcoin billionaires

Disclaimer:

The views and opinions stated by the author, or any people named in this article, are for informational ideas only, and they do not establish financial, investment, or other advice. Investing in or trading crypto assets comes with a risk of financial loss.

Nancy J. Allen is a crypto enthusiast and believes that cryptocurrencies inspire people to be their own banks and step aside from traditional monetary exchange systems. She is also intrigued by blockchain technology and its functioning.

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