Why Moshnake Could Be Your Best Crypto to Buy Today…

Moshnake (MSH), Ethereum (ETH), and Ellipsis (EPS) are some of the best cryptocurrencies with the potential to help their holders survive the current crypto winter. 

This article discusses what makes these cryptos worth holding and why they could be your best buy-ins, considering the condition of the market.

Moshnake: The Hot New Gaming Cryptocurrency 

The GameFi community grew bigger with the introduction of NFT gaming and the Metaverse. Moshnake (MSH) breaks in as a new cryptocurrency gaming platform that is community-focused. The gaming platform also appeals to lovers of the classic Snake Xenzia game, with an incorporation of the play-to-earn (P2E) model.

Built on the Binance Smart Chain (BSC), Moshnake (MSH) is built for all age groups—with everyone having access to play the game and connect with other players at any given time while earning. The game boasts a user-friendly interface and promotes competitiveness among players in its battle royale arena.

The Moshnake (MSH) token is the governance token of the community, with holders enjoying voting rights on important decisions concerning the project. Players also earn Venom tokens (VEN) as the in-game currency. Both of these are BEP-20 tokens expected to be valuable and interoperable across blockchain networks. 

In addition, users will enjoy additional incentives, such as Moshnake (MSH) airdrops and listing in major exchanges for more accessibility.

Ethereum: The Smart Contract Cryptocurrency

Ethereum (ETH) is a decentralized blockchain for developing dApps, DAOs, and NFTs through smart contracts. It is the second most used and generally accepted cryptocurrency in the world. The network is built on the innovations of Bitcoin (BTC) to revolutionize traditional institutions, especially financial institutions.

The Ethereum blockchain is a hub for financial services, games, social networks, and apps with privacy preservation. Furthermore, the network is programmable, which is one of its greatest advantages over the Bitcoin network. This is because it allows for apps to be built that will utilize blockchain technology to store data and control their functionality.

Ethereum has Ether (ETH) as its native token. Ethereum users use Ether (ETH) to process and pay for transactions, gas fees on the network, and smart contracts. 

Ether tokens (ETH) were formerly created through crypto mining. However, the network recently transitioned from its Proof-of-Work (PoW) mechanism to the Proof-of-Stake (PoS) consensus mechanism, eliminating mining. This transition aims to improve security, sustainability, and scalability while lessening the transaction fees on the Ethereum (ETH) network. 

Ethereum (ETH) has proven to be a great buy for its users and shows no sign of slowing down. The value of Ether (ETH) rises based on its service as a transactional currency, a digital store of value for some users, a means of collateral for facilitating loans, and an investment for other crypto users.

Ellipsis: The DeFi Cryptocurrency

Ellipsis (EPS) is a crypto platform that acts as an automated market maker (AMM) to allow users and other decentralized platforms to trade various stablecoins with low spillage and minimal fees in the cryptocurrency market. The platform replaces the traditional market maker by making use of liquidity pools.  

The EPS token serves as the native token of the platform. The major functions of the EPS token are to incentivize liquidity providers on the Ellipsis platform and allow users to participate in the distribution of incentives. Also, token holders provide liquidity and can earn staking rewards which they can withdraw or ‘restake’ to make more from the liquidity pool. 

The platform plans to migrate its EPS tokens to EPX tokens — to increase the relative supply from 1 billion to 1.5 billion and its absolute total token supply to 132 billion tokens, an increment of about 88 times more.

As a fork of Curve Finance, hosted on the Binance Smart Chain (BSC), Ellipsis (EPS) better suits individuals seeking ways to swap their tokens or earn as liquidity providers. Conversely, Ellipsis (EPS) aims to offer efficient and well-priced swaps, an environmentally friendly yield to token holders, and a solution to building deep liquidity.

Through various offerings and incentives like token airdrops, cheaper transaction fees, and liquidity rewards, Moshnake (MSH), Ethereum (ETH), and Ellipsis (EPS) aim to reward token holders while increasing their market value in the cryptocurrency market. 

To find out more about Moshnake (MSH), follow the links below:

Website: https://moshnake.io

Telegram: https://t.me/MoshnakeOfficial

Twitter: https://twitter.com/moshnakeToken

Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.