Analysts predict a strong rally for Layer_0 cryptos Cosmos (ATOM), Avalanche (AVAX) and Mushe (XMU)
Whether new to trading or a seasoned crypto investor, tokens linked to Layer_0 blockchain tech could be the answer for the rest of 2022 and beyond.
News Desk• Apr. 20, 2022 at 8:00 pm UTC • 3 min read
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The world of cryptocurrency and blockchain technology has witnessed significant developments in a very short space of time. Right now, Layer_0 cryptos are rightly gaining a lot of attention.
Analysts predict a strong rally for related cryptocurrencies Cosmos (ATOM), Avalanche (AVAX) and Mushe (XMU), which creates exciting opportunities for investors, particularly those looking for fractional shares.
The pending period of growth for ATOM, AVAX and XMU
When considering the three layers of blockchain technology, it can easily be argued that Layer_0 is the most important. After all, it provides the underlying infrastructure to create chains, while it should not be ignored that Layer_1 needs this founding layer for reliable performance levels.
As Layer_0 is what ultimately allows blockchain networks like Bitcoin and Ethereum to function, its importance has never been underestimated.
However, while a lot of people are focused on the suggestion that BTC could hit $100,000 in 2022, many people have been guilty of overlooking the key factor that the suggestions are driven by organic market movements. With this in mind, Layer_0 cryptos like Cosmos, Mushe, and Avalanche are set to see positive developments.
Perhaps the most exciting opportunity comes from Mushe (XMU), which hasn’t even hit the marketplace yet. It is set to be released on July 4th but investors will find that the tokens are available through the presale from April 18th, 2022 via www.mushe.world. Mushe has already been pinpointed as one to watch in the second half of 2022 and is a prime candidate to become one of the next coins to see its value multiplied by several hundred percent.
After all, there has been a long (relative to the history of cryptocurrency and blockchain technology) history of the best-performing crypto coins seeing massive growth in the first year of entering the public ledger. It’s not understand why the excitement for XMU exists, not least because it sits on Layer 0.
Investors need only look to the success of Cosmos (ATOM)-based altcoin THORChain (RUNE), which grew by around 150% in the month of March and is predicted to show no signs of slowing anytime soon, to gain further belief that this will be a time for Layer_0 cryptos to thrive.
Last year was dominated by a boom for Layer_1, which saw a prediction of similar developments for coins at Layer_0 and Layer_2 begin before this year had even started. Cosmos has climbed by over $6 from its February low point of 2022 while AVAX fell to $59.73 in January before bouncing back to $98 before the end of March. After a turbulent Q1 – not least due to the impact of outside issues like the war in Ukraine – it seems Q2 and Q3 can see a strong rally.
Moreover, expert Reynaldo Marquez states that AVAX has seen an explosion in daily active users in a 6-month period and that “When looking at the delta in this data, the strong relationship between AVAX price and active addresses immediately becomes recognizable”.
It’s not only the existing coins that are set to rally. New Layer_0 cryptos ready to hit the market in Q2 and Q3 could get off to a flying start too. Given that the market as a whole is riding a wave of positivity, it is an exciting time for investors.
How can crypto enthusiasts get involved?
Of the coins currently on the blockchain market, AVAX and ATOM are two that are worth keeping an eye on. In the case of AVAX, given its price, many smaller traders will want to use fractional investments to enjoy a diverse portfolio and limit their potential exposure.
If the Layer_0 boom is still in full swing, it might not be long before the coins see a significant increase. Several coins offer exciting opportunities but, alongside the existing coins, investors should look to new coins like Mushe. Preordering will ensure that the full benefits of any growth following its public release can be enjoyed.
It might already be too late to capitalize on the Layer_1 success that started in 2021, but embracing the new trend of Layer_1 growth will soon make amends.
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