Three Profitable Cryptocurrencies to Have in Your  Investment Portfolio During the Bear Market: Moshnake, Near Protocol, and Axie Infinity

Three Profitable Cryptocurrencies to Have in Your  Investment Portfolio During the Bear Market: Moshnake, Near Protocol, and Axie Infinity

A bear market occurs when the value of cryptocurrencies drops and stays low for an extended period. Even the most seasoned crypto investors can be shaken to their core by prolonged bear market runs, even though the cryptocurrency industry is generally profitable.

The present bearish run in the cryptocurrency market may be softened by investments in lucrative cryptocurrencies like Moshnake (MSH), Near Protocol (NEAR), and Axie Infinity (AXS).

Continue reading to find out more about these crypto tokens.

NEAR Protocol (NEAR)

The NEAR Protocol, often known as NEAR, is a network that uses smart contracts, a decentralized application (dApp), and the proof-of-stake (PoS) mechanism. Payment for transactions and data storage can be made with the native token of this blockchain, known as NEAR.

Mintbase and Flux are two projects that build on NEAR Protocol (NEAR). Mintbase is a network for minting non-fungible tokens (NFTs), and Flux is a network that enables developers to create marketplaces based on real-world assets and events.

The increased use of decentralized applications (dApps) in the bitcoin space has resulted in a scalability problem, wherein the network’s ability to handle a high volume of transactions at a reasonable cost has been compromised. In light of the scalability problems experienced by Ethereum (ETH) and other cryptocurrencies, the NEAR Protocol team developed a blockchain to solve the problem.

Axie Infinity (AXS)

Axie Infinity (AXS) is a crypto-meets-Pokémon game that uses Ethereum-based NFTs for online trade and battles. NFTs are used to buy and sell axies and virtual real estate in an in-game marketplace.

It has useful functions for both programmers and end users. Players may use their cryptocurrency to buy virtual goods in bulk and make use of the game’s features, all thanks to the platform’s blockchain-based gameplay and interactions. As a bonus, programmers will construct fully functional social networks for Axies, allowing users to quickly and easily make new friends and interact with other Axie Infinity (AXS) owners.

Moshnake (MSH)

The new play-to-earn NFT game Moshnake has all the essential components to be a commercial success. The new coin will acquire instant and widespread recognition by capitalizing on the timeless appeal of the classic snake game.

Compared to traditional P2E games, which necessitate extensive training before being played, Moshnake benefits from being both easier to learn and play and more universally accessible.

The Moshnake team has optimized the protocol by integrating a well-known blockchain network in the gaming industry. Playing Moshnake on the BNB smart chain will be far quicker and cheaper than in most P2E games, making it one of the best Blockchain games you can play.

Several of the best-centralized exchanges in the world are also linked to the BNB smart chain. Therefore it’s far less of a hassle to put money into the game and cash out your winnings at a regular bank.

Moshnake is accessible to more people and has better security because it is compatible with Metamask and hardware wallets. Numerous bonuses and in-game goodies are available to players to increase their chances of winning. Most new players to Moshnake will start in the single-player mode (Player vs. Environment) to hone their abilities before taking on other players in the multiplayer mode (Player vs. Player).






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