Cryptocurrency

Why Crypto Communities are Buying Shiba Inu , Xchange Monster, and Chiliz?

  • Emerging cryptocurrencies to look out for in 2022 are Xchange Monster and Chiliz
  • Both cryptos have solid fundamentals and proper business use cases
  • Due to their specific prowess in their niche, they can give the meme coin Shiba Inu a run for its money in 2022

Everyone loves Shiba Inu, but do you know that there are other emerging cryptocurrencies that are also as promising as SHIB. It is worth noting that the Shiba Inu meme coin turned a £5800 investment by an investor into over £4 billion in just one price explosion. Although there might not be a token like SHIB that can turn people into millionaires or billionaires immediately, there are cryptocurrencies like MXCH and Chiliz that have become fan favorites due to a number of reasons.

Despite the current fall of Shiba Inu, the SHIBArmy has stayed strong and added new members – 20,000 new members, to be precise in just one month. Although the addition of new entrants hasn’t lifted the price higher, the chances are that the outcome will be seen sooner rather than later. We can expect the Shiba Inu community to keep on growing and not going anywhere despite a market downturn.

Let’s have a look at a few other tokens that have a strong and ever-growing community like Shiba Inu and how they are likely to fare in the future.

Chiliz (CHZ): Offers a New Way to Support Favorite Sports Teams to Fans

Chiliz (CHZ) is one of the popular emerging cryptocurrencies that can help you connect with the sports team that you dearly love. It is partnered with soccer clubs such as Barcelona, Manchester City, and PSG. It is equipped with a platform called Socios that allows users to interact with their favorite club virtually and receive prizes by completing challenges and taking part in token hunts. It also offers a chance to collect rewards like merchandise and tickets as you climb the ladder of success and become the top fan of the team you support.

Chiliz allows you to participate in challenges by predicting the correct score of the game. If you haven’t joined the Chiliz bandwagon yet, it is a great time to join as Italian football has its national team token released on this platform. Moreover, rumors are rife that more national teams’ tokens will be listed on Chiliz, which means a lot considering that the Men’s World Cup in Qatar is on the horizon in 2022.

Chiliz is also supplying soccer fans with a virtual version of traditional sticker books available on the Blockchain. The real-life version of these sticker books is generally very popular at the World Cup tournament. If you are a football fan, it is the right time to check out Chiliz, as we can expect the demand for the tokens to rise in the near future.

Xchange Monster (MXCH): Xchange Designed to Bridge the Gap with Game Finance (GameFi)

All crypto fans know that GameFi is going to grow in the future. It is currently a powerful technology on the Blockchain with immense potential to skyrocket in the coming years. Although GameFi has tremendous prospects, it still lacks a quality user experience. People are earning money through Play-to-Earn games; however, there is no proper connection between the DeFi world and games.

Xchange Monster (MXCH) specifically fills this void and bridges the game between gamers of this world to the DeFi of the Blockchain world. Al the Monster rewards are kept inside the Monster Wallet, which gamers can conveniently access. Everything is kept in one place to simplify the user experience. A player can even trade their rewards with other cryptos by utilizing the payment gateway of MXCH called Monster Pay.

There are endless possibilities in terms of reward exchange. One can exchange cryptos for Ethereum, Bitcoin, and even Solana. Or, they can take them out through their bank account in dollars or whichever fiat currency they want.

Xchange Monster is currently in presale stage one, and it is creating a fan following at a rapid rate. With time, Xchange Monster’s community is only going to grow. One of the biggest growth factors of MXCH is its unicorn utility model.

As Xchange Monster fixes a clear and present gap between DeFi and gamers, it is only a matter of time before it catches on in the gaming fraternity. But for the time being, MXCH is in its infancy and available only through presale.

Conclusion

Every crypto investor is looking to maximize profits by finding new cryptocurrencies that are future winners. For a long time, Shiba Inu has inspired crypto fans from all over the globe, but now we have other cryptos such as Xchange Monster and Chiliz that have strong fundamentals, great potential, and possibly even good enough to run Shiba Inu close in 2022.

Also Read: Shiba Inu Price Forecast 2022-2030

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Any references including blog post and web stories on this website are an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice. AnalyticsLord.com can't be held liable for any financial loss.

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