Altcoins in 2022 With Great Potential: Mushe (XMU), Sandbox (SAND) and Cardano (ADA)
The crypto market is a highly competitive one. And as the space continues to grow, several new altcoins keep coming into play, with new features, use cases that cannot be ignored, and potentials that make them competitive even with the already existing big guns in the market. However, while most of them look promising, the fact remains that it isn’t all of these currencies that have enough potential to bring massive returns to investors. If you’re looking to invest in the next prominent cryptocurrency in 2022: Mushe, Sandbox (SAND) and Cardano (ADA) are three impressive coins you should look out for.
While the recent crash in cryptocurrencies has raised massive concerns for what is to come, new DeFi protocols are paving the way for the latest and most advanced features that would make up that future everyone is looking forward to.
Mushe (XMU) token is one of those coins, as it is packed with various features aiming to provide financial agility to all while eliminating barriers of complexity. Due to the complexity of infrastructure, security, products, and fees encountered in the crypto space, new consumers constantly face several roadblocks. The ability of new adopters to withdraw their earnings back into fiat has also been an issue of concern, one that poses a new challenge, further diminishing the value of earnings.
Mushe (XMU) token can be referred to simply as the cryptocurrency for all, which explains why it’s promising enough to acquire a large community of users. It is a project that guarantees the use of cryptocurrencies, transactions, awards and even conversion to fiat currency is as simple and seamless as possible. The system prioritises a secure, easy, and quick experience for token holders. What’s more? It’s a scalable network that keeps transaction fees as minimal as possible.
Sandbox (SAND) is currently one of the most popular cryptos in the gaming world. It is a decentralised virtual gaming system that runs on Ethereum software. The Sandbox is a
Platform in which players purchase a digital piece of land, known as LAND, then create their own experiences as it is in line with their imaginations, which they can share with other users. The Sandbox LAND model world is almost like it is on Decentraland and is a model of the blockchain-based metaverse. Earning on Sandbox works through Sandbox native tokens, SAND token and the Asset token. The SAND token is used to conduct various transactions in the game, such as acquiring LAND, interacting with user-generated content and staking. The Asset token, on the other hand, is used as a representation for various in-game items that would be used in the virtual world, like equipment and other items needed to populate the lands that have been purchased.
The Sandbox operates on the Ethereum blockchain to track ownership on the network. Interacting on the system works by using the Ethereum wallet to store tokens. Developers can also use many tools within the Sandbox platform to build the animation and interactions that users will encounter on their virtual real estate.
Cardano (ADA) is an open-source and decentralised platform that achieves consensus through proof of stake, facilitating peer-to-peer transactions for users. Launched in 2017, the coin is considered the third-largest crypto using the Proof-of-Stake (PoS) blockchain, following Ethereum and bitcoin. At the time of writing, Cardano’s price is $0.569636 with a 24-hour trading volume of $472,904,462. Cardano appears to be unique among its contemporaries in PoS networks and other significant cryptocurrencies.
Its blockchain technology can do a lot more when compared to Ethereum, and for this reason, the crypto was branded “The Ethereum killer.”
While Cardano (ADA), a cryptocurrency that might still be in its infancy, has a long way to go in DeFi applications, the crypto has surpassed Ethereum in the PoS model. And that’s a fact that makes it remain promising and on top of trends.
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