The cryptoverse is dusting itself down and assessing the damage that crypto crash 2022 has inflicted. The great news is that prices are at year-long lows in some cases, which means that this is a fantastic time to buy crypto, as prices of certain coins will certainly rise over the coming months and years.
Which coin to buy into? Let’s check out big leaguers Dogecoin (DOGE) and Avalanche (AVAX) to see how they are moving forward, and also examine an exciting new member of the cryptoverse, Xchange Monster (MXCH).
Dogecoin (DOGE) Buyers Ask – What Crypto Crash?
According to DogWhaleAlert, which is a platform that tracks the movements of Dogecoin (DOGE), 800,000,000 Dogecoins were transferred over a 24-hour period earlier this week. The surprising thing about this is that the phenomenal amount of DOGE transferred took place in just three transactions.
An interesting peek into the world of the crypto elite shows that despite the recent retreat in the market, crypto is still very big business. The total value of the three transactions, that were made from three different wallets to an unknown wallet, is $57,888,800. Not bad for a day’s trading.
Even more eyebrow-raising are the fees for the transactions that DogWhaleAlert also tweeted, which were $0.16, $0.08, and $0.058 per transfer. Fantastically low fees for such humongous transactions show the merits of trading in crypto, as no bank in the fiat world would ever be able to match this kind of value.
Xchange Monster – A Revolution in P2E Gaming
One new platform that is offering lower than average transaction fees is the brilliant Xchange Monster (MXCH). A new cryptocurrency exchange platform that is focussing on the GameFi sector, Xchange Monster (MXCH) is a new project that is getting a lot of attention.
The Xchange Monster wallet is already fully integrated into the crypto exchange. With this versatile multi-chain wallet, users can store cryptocurrency and fiat money, and make transactions easily and at instantaneous levels of speed.
The Xchange Monster (MXCH) development team is focussing on combining the play-to-earn (P2E) gaming market with the cryptocurrency world to offer gamers a one-stop-shop to easily utilise the financial gains that they have earned while playing the game of their choice.
Xchange Monster is fully doxxed and boasts a team of experienced developers who have worked in some of the top jobs in tech over the last few years. Fully monitored by recognised regulators in Switzerland, Xchange Monster also boasts water-tight security and regulation.
Avalanche (AVAX) Joins Forces With Coinbase Wallet
The end of May was a bearish period for the entire crypto market, including Avalanche (AVAX). However, it also coincided with the announcement from a major currency exchange platform, Coinbase Wallet, that it was now accepting token swaps on the Avalanche (AVAX) and BNB (BNB) blockchains.
Great news for Avalanche (AVAX) buyers and users, as they would inevitably see a lot more traffic on their platform.
Avalanche (AVAX) has remained a very popular coin with high usage since it launched in 2020, mainly thanks to its key metrics including its scalability and low costs. AVAX can boast of handling up to 4,500 transactions per second at relatively low costs.
All of the crypto projects discussed above have great potential for profits in the coming months. Maybe you want to enter the surreal yet highly lucrative world of meme coins with Dogecoin (DOGE), or perhaps a more utility-rich project like Avalanche (AVAX) interests you more.
However, if you want to get in on the ground floor with a new and potentially record-breaking project that is at the cutting edge of P2E gaming, then check out the links for Xchange Monster (MXCH) below.
Learn more about Xchange Monster (MXCH):
Presale: https://xchangemonster.boostx.finance/register
Website: https://xchangemonster.com/
Discord: https://discord.gg/M5hu5HwbeJ
Telegram: https://t.me/xchangemonsterofficial
Twitter: https://twitter.com/Xchange_Monster
Disclaimer: This is a sponsored press release, and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
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