Place/Date: - June 8th, 2022 at 3:17 pm UTC · 3 min read
Source: Mushe Token
The cryptocurrency industry continues to grow and get adopted by the general public. In light of its development, it might be wise to get in on this sector that is very well shaping up to be the future of not just finance but media, investments, gaming, and other aspects of life.
Very frequently, there’s a new crypto project being released like Mushe Token (XMU) just about ready to dive into the sea of cryptocurrencies in the market. With so many options like Solana (SOL), Ethereum (ETH), and Cardano (ADA) amongst others, investors really are spoilt for choice. However, not every choice can be the right one which is why adequate research into each project is necessary. To help you get started on that track, here are 3 cryptocurrencies that we believe have the potential to give you massive returns.
Solana (SOL) has established itself as the fastest-growing ecosystem in the blockchain world. It has projects spanning DeFi, NFTs, and Web 3.0 and claims to be the fastest blockchain network in the world. Within a few years since its creation, this platform has launched itself ahead of the competition and is currently in the top ten cryptos globally. It has a market capitalization of over $15 billion which keeps it seated nicely at 9th position on CoinMarketCap.
Solana (SOL) is a decentralized blockchain network built to enable scalable user-friendly apps for the world. This makes it stand out as it runs on its native blockchain network and has its native token SOL which is used for transactions in the ecosystem. The blockchain, true to its promise of speed, performs about 65,000 transactions per second (TPS) all while managing to keep transaction fees at $0.00025 on average.
Although due to the market-wide bear run, Solana’s (SOL) value is currently low, investors could view this as a time to buy the token at a “discount” price.
Cardano (ADA) was launched into the world in 2017 as the world’s first peer-reviewed blockchain network. Since then, the blockchain and its token have grown to be in the top 10 cryptocurrencies globally. The platform is a network for innovators and visionaries who want to make changes and it claims to have all the technology required by them or anyone else to make positive change around the globe.
Cardano (ADA) is similar to Ethereum (ETH) in that they both perform similar functions like developing programs and running custom programming logic. However, it operates on the proof-of-stake (PoS) Ouroboros consensus mechanism which makes it faster and more environmentally friendly than the latter’s proof-of-work (PoW) consensus mechanism.
The blockchain network has great features and real-life applications which make experts recognize it as a good investment choice.
Mushe Token (XMU) is a decentralized platform offering liquidity and it facilitates peer-to-peer interaction, rewards, and governance. It is built on the Ethereum (ETH) blockchain but plans to move to Stellars open network which is a proven blockchain that is known for its low transaction costs and financial inclusion for the underbanked population.
Mushe Token (XMU) plans to combine crypto and fiat currencies by being the foundation of Mushe World and creating an environment that encourages the growth of both crypto and fiat currencies. The token is currently in its presale phase, selling for $0.0490 and there would be 233,100,000 tokens available for sale but a total supply of 777,000,000. It might be a good time to add this project to your portfolio.
For More Information On Mushe Token (XMU): Official Website, Presale Registration, Telegram, Twitter, Instagram.