Could Mushe Token (XMU) beat the success of Filecoin’s (FIL) presale?
Investing in cryptocurrencies has brought incredible wealth to many individuals in the last few years. Growing crypto popularity is attracting many beginner investors to the market. Oversaturated crypto market can seem daunting and challenging but there are great opportunities for any type of investor here. Mushe (XMU) news…
Presales, for example, are becoming more popular due to the historic success of more than several coins, such as Filecoin (FIL), that brought exceptional returns to the early investors. Mushe Token (XMU) is a new crypto project with astounding potential to turn the heads of many crypto enthusiasts. Could it be the next token to re-write the presale success history?
What contributes to Filecoin’s success?
Filecoin (FIL) has had the most profitable presale in the crypto market thus far. It made a phenomenal $52 million at its initial presale stage in 2017 and during the Initial Coin Offering (ICO) it earned a further $205 million. From $1 to $4.58, the price climbed by 350%, reaching the highest of $237.24 in 2021.
Filecoin is a community-built decentralised storage system. It makes use of blockchain technology to provide a distributed database storage and access system. Filecoin is a blockchain-backed open protocol that records the network’s contributors’ pledges, with transactions conducted in the native cryptocurrency FIL.
Proof-of-replication (PoRep) and proof-of-spacetime (PoSt) consensus are used on the blockchain. Filecoin aims to provide fairer services where consumers do not overspend on their unused storage space or non-essential system features. The clearest platform’s advantage is that clients can put their unused space to work by renting it out to other firms.
What is Mushe Token (XMU) about?
Mushe Token (XMU) is a decentralised crypto project facilitating peer-to-peer interaction. Its key goal is to become a one-stop solution in the crypto ecosystem. Seamless interoperability, limitless scalability and a community-driven model are the core principles of this new cryptocurrency.
Native governance token XMU plays a key role in the Mushe Ecosystem. It provides a premium user experience and supplies liquidity and rewards, and is currently being built on Ethereum’s blockchain with intentions to move over to Stellar’s open networks. This is due to Stellar’s exceptional reputation for low transaction costs and accessibility in under-banked parts of the world.
The Mushe Ecosystem will provide a multitude of benefits to its users, satisfying all financial needs in the crypto world:
- Mushe Wallet will allow users to purchase, send and receive crypto assets;
- Mushe Swap will serve as a low fee decentralised exchange;
- MusheVerse – a flagship part of the project, enabling e-commerce and easy-access financial services;
- Education on digital assets;
- Mushe Chat will function as a safe social platform.
At the start of its presale, XMU’s initial price was just $0.005, which has already risen to $0.024 in just a couple of weeks. There is still plenty of time to become an early investor ahead of its public launch on 4 July 2022.
Everyone approaches the crypto market with a different strategy and no one can guarantee which plan of action will be the most profitable – that is up to you to decide. However, if you’ve been convinced and think that presales are the right investment choice for you, check out the Mushe Token (XMU) using the links below.