Place/Date: - May 30th, 2022 at 3:50 pm UTC · 4 min read
The cryptosphere has come a long way since its beginning but still, the world of digital finance and its many investment opportunities continues to undergo innovations. Let us look at a few.
Every crypto investor will remember 2021 as the year of cryptocurrency as it was replete with moonshots, upscales, skyrocketing valuations, and a tremendous rise in return on investment (ROI), and it seemed that everyone was becoming wealthy.
In all of this, 2022 has been in the sights of both new and veteran investors, and so far, it has been a trifle unimpressive since the start of the year, and crypto has had a slow initial start.
However, the bulls are attempting to reclaim their correct spot, and there are indications of revival.
The cryptocurrencies Tron (TRX), Apecoin (APE), and Mushe (XMU) are developing a name for themselves, and they might be an excellent addition to your portfolio if you act quickly.
TRON (TRX) is a decentralised network for entertainment and content sharing that employs blockchain and peer-to-peer (P2P) technology.
TRON has excellent scalability, high availability, and a cheap price.
With an emphasis on the entertainment sector, TRON seeks to create a decentralised, free, worldwide digital entertainment system that lets users store and exchange digital material.
In December 2017, TRON (TRX) bought BitTorrent (BTT), a prominent P2P file-sharing technology with more than 100 million active users each month.
TRON soon deployed its mainnet in 2018, allowing developers to build decentralised applications (Dapps) on the TRON network.
In addition, TRON has formed partnerships with firms like Baidu, Alibaba, and Tencent. TRON is well-positioned to become a dominant participant in the cryptocurrency market due to its talented team of engineers.
The Apecoin (APE) ecosystem consists of all APE-using products and services and the community of APE holders.
Launched in April 2021, The Bored Ape Yacht Club (BAYC) is the first NFT collection in the APE ecosystem, including 10,000 distinct Apes on Ethereum. Each Ape has its appearance, style, and rarity.
Apecoin (APE) is the native governance and utility currency of the APE ecosystem, a Web 3.0 decentralised protocol layer that supports the development of the APE community.
The APE token is a community-controlled and developed ERC-20 token with a total quantity of 1 billion tokens. The ApeCoin DAO gives all Apecoin token holders the ability to vote on any governance-related issues.
The Bored Ape Yacht Club (BAYC) NFT collections developer, Yuga Labs, has embraced APE as the principal token for their future goods and services.
As of 20 May 2022, the APE coin costs $8.8 per unit. APE will reach new heights in the future due to the expanding investor interest and NFT mania.
Mushe Token (XMU) is a decentralized cryptocurrency token that enables peer-to-peer interactions, incentives, and governance.
MusheVerse, XMU’s metaverse, will join the ever-expanding ecosystem of non-fungible tokens (NFTs) and the Play-to-earn (P2E) gaming industry, according to a roadmap that promises to be exciting.
XMU has presently been constructed on the Ethereum blockchain as an ERC-20 token and plans to migrate to the Stellar (XLM) open network in the future for improved financial support and cheaper transaction fees.
Mushe Token (XMU) offers fascinating features and future aims, including decentralised finance (DeFi) and staking programmes, a personal Mushe Wallet, an NFT marketplace, a metaverse called MusheVerse, metaverse banking, and a decentralised social network called Mushe Chat.
The next phase will be the debut of XMU on July 4, 2022, after the successful conclusion of the ongoing presale. As soon as the coin is released, the team will begin forming partnerships with fintech financial networks.
Next, the XMU ecosystem would migrate from the Ethereum blockchain to the Stellar (XLM) open network for low-cost transactions. The team will then publicly release the decentralised personal wallet that can store various coins.
Eventually, the team will begin developing the MusheVerse and other decentralised platforms on which Mushe Token (XMU) will function as the utility and governance token.
With all of these characteristics and future objectives, it is possible that the existing dominant crypto projects, such as TRON (TRX) and ApeCoin (APE), will soon reach new heights. Meanwhile, Mushe Token (XMU) is set to see significant growth due to its tremendous potential and growing investor interest.