Moshnake (MSH) is a new cryptocurrency in the coin market. As such, the altcoin is not as well-known as cryptocurrency leaders Shiba Inu (SHIB) and Nexo (NEXO). However, Moshnake (MSH) has some exciting features that can help it explode and recreate the successes of Shiba Inu (SHIB) and Nexo (NEXO).
With that in mind, we will explore the successes of Shiba Inu (SHIB) and Nexo (NEXO), what Moshnake (MSH) has to offer that sets it apart, and whether it could experience a similar bull run.
Shiba Inu: Another Bull Run Coming?
Shiba Inu (SHIB) launched in 2021 as a significant competitor to the meme coin leader Dogecoin (DOGE), earning the nickname DOGE killer. Shiba Inu (SHIB) has seen a surge in popularity since entering the coin market, culminating in a bull run that saw its (SHIB) price increase by over 1000% in 2021.
A combination of factors drives Shiba Inu’s (SHIB) popularity in the crypto space, including increased media attention and a growing fanbase and community of users.
Also, Shiba Inu’s (SHIB) transition from being just a meme coin to a robust ecosystem with several features has helped increase the adoption of Shiba Inu (SHIB) tokens.
Although the current cryptocurrency price plunge limited Shiba Inu’s (SHIB) longest-ever bull run, recent reports suggest another bull run may be around the corner for the coin. Whether or not that happens, Shiba Inu (SHIB) holders can explore several ways to keep their tokens functional.
Holders can participate in NFT minting and trading on Shiba Inu’s (SHIB) ecosystem or utilize their Shiba Inu (SHIB) tokens for staking to earn annual percentage yields (APYs).
Moshnake: P2E NFT Game Crypto for Everyone
Moshnake (MSH) is a community-driven play-to-earn (P2E) crypto. The altcoin is bringing retro gaming to the blockchain to revive Snake, a popular mobile game from the late ’90s, with several new impressive features.
The Binance-based crypto token, Moshnake (MSH), aims to contribute to the development of non-fungible tokens (NFTs) with its play-to-earn (P2E) model. In addition, Moshnake (MSH) seeks to motivate players to think strategically and collaborate while providing them with much-needed means to earn a passive income via gaming.
For crypto enthusiasts wondering whether Moshnake (MSH) can have a bull run like Shiba Inu (SHIB) and Nexo (NEXO), the presale numbers are looking impressive so far.
At the time of writing, only 39.99 million Moshnake (MSH) tokens remain out of the 200 million presale supply. Also, over $1.2 million has been raised against a $2 million target, with presale to continue until 1 USDT tallies with 34.62 Moshnake (MSH) tokens.
The presale numbers indicate that Moshnake (MSH) currently enjoys a high level of interest and patronage by crypto enthusiasts.
Nexo: Enabling Users to Earn a Passive Income
The Nexo (NEXO) protocol, launched in 2018, is a decentralized finance (DeFi) platform where users can lend, borrow, trade, and exchange crypto assets. In addition, Nexo (NEXO), the platform’s native cryptocurrency, enables users to provide and obtain liquidity and earn rewards and incentives.
Nexo launched with an initial coin offering (ICO) of $0.1 per 1 Nexo (NEXO) token. However, several bull runs saw the altcoin climb by over 80.11% to a peak price of $4.63.
Nexo’s (NEXO) bull run occurred because of several factors, including the founding team’s strong marketing strategy and Nexo’s (NEXO) listing on many major exchanges and more.
Nexo’s (NEXO) price declined following the cryptocurrency price plunge. However, the altcoin has lost its capabilities and profitability and is set to experience a massive surge.
The Verdict
Moshnake’s (MSH) launch date is unknown, but the new cryptocurrency is already generating much buzz in the crypto space. From the presale numbers, it is clear that Moshnake (MSH) has what it takes to go on a bull run, like Shiba Inu (SHIB) and Nexo (NEXO), once it officially launches in the coin market.
For more information on Moshnake (MSH), visit the following links:
Moshnake
Website: https://moshnake.io
Telegram: https://t.me/MoshnakeOfficial
Twitter: https://twitter.com/moshnakeToken