With over 18,000 cryptocurrencies out there, the crypto market can become quite overwhelming. Here are three tokens you should get to know before you invest.
When Will Mushe Token (XMU) Launch?
Currently, Mushe Token (XMU) is a decentralized exchange token in the second stage of its pre-sale. Its ecosystem allows future investors to trade any cryptocurrencies, regardless of the blockchain they are built on.
Designed to offer an easy user experience, the platform’s goal is for users to use MusheSwap to exchange currencies such as Ethereum, BNB, or other tokens without using Uniswap or PancakeSwap, which rely on their own blockchains rather than a combination.
The developers have opted for a fixed total supply of 777,000,000 XMU assets, so get yours before it’s not too late. Between June 27 to July 04, there will be an average of 34,965,000 XMU tokens available.
Although the platform is currently built on the Ethereum blockchain, it has plans to move to a more cost-effective one. Its future goal is to use the Stellar network to support digital currencies while using Solana’s incredibly fast blockchain technology allowing gaming in the future.
Why Is Avalanche (AVAX) a Token You Want to Have in Your Portfolio?
Avalanche (AVAX) is an open, programmable smart contracts platform for decentralized applications deploying blockchains to fit your own application needs. Essentially, the platform has launched Ethereum dApps (decentralized applications) that confirm instant transactions while processing thousands of transactions per second.
The platform recently launched “The Avalanche Foundation” where an up to $290 million incentive has been spent on the program to increase growth on new internet Subnets, the primary scaling solution for Web3 dApps. The program will focus on enabling a rich ecosystem including but not limited to NFTs, DeFi, blockchain-enabled games, and institutional use cases.
The developers give you the chance to build your own virtual machine and dictate how the blockchain should operate.
The platform is unique as you can stake or lock up your AVAX and scale to millions of Validators with minimal hardware while providing over 51% security.
What’s New with Algorand (ALGO)?
Launched in June 2019 by Silvio Micali, Algorand (ALGO) is a decentralized finance network built to generate NFT art while powering future economic models. Recently the platform has partnered with FIFA agreeing on a partnership deal-making ALGO the official blockchain-supported wallet solution, and FIFA World Cup Qatar 2022 Regional Supporter in North America and Europe.
At this moment, we know that the two parties will work together on advertising, media exposure, and promotional opportunities.
The mission of Algorand is a world where everyone creates and exchanges value transparently, efficiently, and securely while creating elegant technology that eliminates barriers to prosperity. The platform encourages investors to act with integrity and succeed together.
Mushe’s pre-sale is a great opportunity to become an early adopter of the coin before it’s expected to take off. Ensure you have an investment strategy and consider adding these cryptos to your portfolio.