Three Cryptocurrencies to Keep an Eye Out for During the Ongoing Bear Market- XRP, Dogecoin and Moshnake Token

Ever since crypto markets crashed alongside global financial markets, the cryptocurrency industry has battled a long, challenging, and enduring bear market that has refused to let up. The ongoing bear market has already written itself into crypto history books for many reasons. It is the first bear market in which the largest crypto by market cap, Bitcoin (BTC), fell below the physiological $20,000 support mark. As rare as a phenomenon that it is, it has happened several times within the ongoing bear market, the most recent occurrence just some weeks back. In the current climate, the industry-leading altcoins are receiving the most damage, making room for lesser-known altcoins to shine.

XRP (XRP), Dogecoin (DOGE), and Moshnake Token (MSH) are three altcoins looking extremely promising within the current climate. Extensive market research suggests that all three altcoins could explode in the ongoing bear market, making them ideal candidates for long-term cryptocurrency investments. With the bear market dragging, we examine what makes these three altcoins unique and why investors should keep an eye out for them.

Move Money Swiftly – XRP (XRP)

XRP (XRP) is a blockchain-based platform with a vision to help banks move money more quickly and cheaply than existing methods allow. XRP (XRP) seeks to make this operation (moving cash by banks) as quick and swift as sending an email. Unlike most blockchain-based platforms in the industry, XRP (XRP) does not rely on energy-intensive mining to work or create a new currency. Instead, it makes its native token, XRP, all at once and gradually sells it as and when it needs to.

XRP is its native cryptocurrency and an integral part of its ecosystem. The token facilitates several operations, such as network governance, payment fees, and interaction. A top 10 crypto by market cap, XRP is available on prominent crypto platforms within the industry, such as Coinbase and Binance.

Dog Day Afternoon – Dogecoin (DOGE)

Dogecoin (DOGE) is an open-source, peer-to-peer cryptocurrency mainly used on social media platforms like Reddit and Twitter to tip valuable content. The token has been commended for its incredibly fast confirmation times and low transaction costs. Dogecoin (DOGE) is a meme coin in essence and is credited as the pioneer of the meme coin movement. Like other meme coins, Dogecoin (DOGE) possesses massive utility, making it ideal for long-term cryptocurrency investments.

As a top 10 cryptocurrency by market cap, Dogecoin (DOGE) stock is available on several prominent crypto platforms within the industry like Binance, Coinbase, and FTX.

Snaking From One To The Next – Moshnake Token (MSH)

As the native cryptocurrency of the BNB Smart Chain (BNB) based crypto gaming platform, Moshnake, Moshnake Token (MSH) has become the subject of much interest within the cryptocurrency industry. Moshnake is a play-to-earn NFT crypto gaming platform that takes inspiration from the classic Nokia snake game and is driven by a commitment to provide a nostalgic experience to the crypto gaming community. The Moshnake Token (MSH) is an integral part of its ecosystem and will serve as a utility and governance token that facilitates rewards, network governance, payment fees and more.

With the demand for gaming coins growing by the day, Moshnake Token (MSH) is arriving at the perfect time. It could also serve as a suitable long-term cryptocurrency investment for struggling investors in the current climate. The token is fast approaching its presale, and more information will be public before that time. To stay updated on everything, Moshnake, watch this space.

Moshnake

Website: https://moshnake.io

Telegram: https://t.me/MoshnakeOfficial

Twitter: https://twitter.com/moshnakeToken