In contrast to the tremendous success of 2021, the cryptocurrency market has come to a halt in the first few months of 2022. Several major cryptocurrencies, including Ethereum (ETH) and Solana (SOL), have lost value over the last seven days, prompting many investors to seek alternative investments.
Investing in presales is one of the most reliable ways to profit from cryptocurrencies. In one of the most successful crypto presales, Filecoin (FIL) raised over $250 million. Mushe Token (XMU) recently launched its thrilling presale, and the DeFi project has already returned some fantastic gains to the early investors.
Ethereum is the second most valuable cryptocurrency in terms of market capitalisation and is the major rival to Bitcoin (BTC). It outperforms Bitcoin in a number of critical areas, including transaction speeds.
Ethereum is transitioning from a Proof-of-Work (PoW) system to a Proof-of-Stake (PoS) protocol. In PoW, powerful computers must solve complex problems in order to validate transactions. In a PoS system, on the other hand, validators validate transactions in exchange for a percentage of their bitcoin holdings as compensation.
When Ethereum fully shifts to a Proof-of-Stake mechanism, it will consume 99% less energy, be far faster, and be significantly cheaper, allowing it to scale and potentially exceed Bitcoin. Many observers predict that ETH will be valued in the five figures relatively soon.
Solana, like Ethereum, is designed to support decentralised programmes (dApps) and already serves a number of projects in the DeFi, GameFi, and NFTs space. Because of its speed, many individuals flocked to Solana to take advantage of the NFT boom that occurred in 2021. While ETH 2.0 is still on hold, many people anticipate that SOL will reach $1000 before 2022.
Last year, the price of SOL surged by over 11,000%, establishing it as a key player in the cryptocurrency market. Solana’s main advantage is its speed. Bitcoin (BTC) can perform approximately 7 transactions per second. Ethereum, however, can process substantially more. SOL, on the other hand, is said to be capable of processing up to 50000 transactions per second.
Mushe Token (XMU)
The presale of the upcoming Mushe Token (XMU) has taken off like a rocket. XMU shares have more than quadrupled in value in just one week, rising from $0.005 to $.011. XMU might easily surpass its goal price of $0.50 by the time of its official July 4, 2022 launch.
Behind the early enthusiasm for XMU is a rising belief in its long-term prospects. Rather than focusing solely on the infamously volatile nature of the cryptocurrency market, XMU will serve as the central medium of exchange for an ecosystem that smoothly blends fiat and cryptocurrency transactions.
Mushe Token’s first step in realising its vision is the release of Mushe Wallet, an app that allows users to buy, swap, and receive a variety of fiat and crypto assets.
The benefits of Mushe Wallet will only grow as the XMU ecosystem expands, including the soon-to-be-launched Mushe Swap De-Fi market. Mushe Swap will be a complete DeFi solution, initially intended as a direct rival to similar exchanges such as UniSwap (UNI) and Pancake Swap (CAKE).
These projects are intended to provide immediate benefits to investors while also serving as building pieces for Mushe Tokens’ (XMU) crowning achievement: the MusheVerse, a comprehensive e-commerce and digital banking network.
The MusheVerse will function as a frictionless platform for the interoperability and exchange of money and cryptocurrencies. It is being developed as an extension of the Mushe Wallet and Mushe Swap to serve the financial interests of its users in any market, from regular purchases and household financial management to complex long-term investment schemes.
Find Out More Here: