The primary principle for profiting from cryptocurrencies is to buy low and sell high. However, this strategy has no clear pattern other than purchasing solid projects during their presale.
Every project’s presale cost is the lowest feasible entry point, and you have the opportunity to profit more than anybody who did not participate in the presale.
Most projects raise the token’s price immediately after the public sale; once the token is online, there is no way to go wrong by selling it rapidly.
One of the most anticipated ICOs of the year is Moshnake (MSH), a decentralised currency that powers the DeFi structure on its dedicated website. It is anticipated to outperform 100x its presale price based on historical data and an examination of how well good concepts perform following their presale.
Ethereum (ETH)
By market capitalization, Ethereum (ETH) is the second-largest cryptocurrency. Nonetheless, it offers tremendous usefulness, built-in apps, and other advantages.
Ethereum is the most valuable network to build because DeFi has over $70 billion in total value locked (TVL), the NFT market is worth over $40 billion, and numerous other holdings make it so.
Despite being one of the most versatile and secure blockchain networks, the Ethereum network is experiencing scalability issues that are being addressed by emerging layer-1 and layer-2 solutions that aim to help the network process transactions significantly faster and reduce transaction fees significantly.
Using Ethereum 2.0, the network attempts to address scalability, energy usage, and other concerns before connecting with the leading network.
The anticipated merger will take place in the summer of 2022, bringing the price of Ethereum (ETH) back to an all-time high. The combination is expected to increase network speed, efficiency, and scalability, allow more transactions, and reduce gas costs.
It now has a market capitalization of more than $149 billion, and its token is worth more than $1230; it will reach an all-time high of roughly $4800 in November 2021.
Moshnake (MSH)
The all-time famous popular game Snake served as the basis for creating Moshnake (MSH), a Play-to-Earn NFT game that operates on top of the BNB Smart Chain.
In the following years, the game Moshnake will undergo significant changes that will result in it being a community-driven experience.
During the game design and development phase, known as “game design and development,” the Moshnake engineering team will work with members of the Moshnake (MSH) community and fans of the game to gather ideas and suggestions.
The Moshnake Decentralized Autonomous Organization (DAO) will be led and empowered by the governance token known as $MSH. The community members with governance, voting and administration rights will be able to vote on the proposals about game development, marketing, expansion, and other related topics thanks to the token.
It is anticipated that the entire transition to DAO will occur when more and more $MSH tokens are awarded to the participants in the game.
In the long run, the ownership of tokens by the development team and the seed investors will be spread out more evenly so that the project may become genuinely decentralised.
By staking the $MSH tokens into the contract and beginning to vote, everyone can participate in the Moshnake Decentralized Autonomous Organization. The voting power will be determined by considering the total number of Moshanke (MSH) Tokens in circulation and the quantity of Moshanke Tokens that have been staked.
To find out more about Moshnake (MSH), visit the links below:
Website: https://moshnake.io
Telegram: https://t.me/MoshnakeOfficial
Twitter: https://twitter.com/moshnakeToken
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Source: https://www.thecoinrepublic.com/2022/09/21/you-cannot-go-wrong-with-these-two-cryptos-ethereum-and-moshnake/