Cryptocurrency prices have reached new highs in the last year and many investors are willing to take part in the action. Investing in cryptocurrencies can be profitable, especially if done at the right time. We'll be suggesting 3 cryptocurrencies that will certainly make you a millionaire by investing in them. In stark contrast to the big success of 2021, the crypto market will stop in the first few months of 2022. Several major cryptocurrencies, including Ethereum (ETH) and Solana (SOL), have lost value in the last seven days, this is great news for all potential investors who are willing to invest in either of the cryptocurrencies. While Ethereum (ETH) and Solana (SOL) are considered stable cryptocurrencies, we've also included a newer cryptocurrency that is currently in its presale stage, the Mushe token (XMU).
The presale of MusheToken (XMU) will begin like a rocket. Its share has more than quadrupled in just one week, from $0.005 to $0.011. By the official launch on July 4, 2022, it could easily exceed the $0.50 price target. Behind the early enthusiasm of Mushe token (XMU) was a growing belief in its long-term outlook. This platform not only focuses on the infamous volatility of the cryptocurrency market but also serves as the central exchange for fiat and cryptocurrency transactions.
The first step is to release Mushe Wallet, an application that allows users to buy, exchange and receive various fiat and crypto-assets. The benefits of Mushe wallets grow as the XMU ecosystem grows. This includes the upcoming MusheSwap De-Fi Marketplace. Mushe Swap is a complete DeFi solution, originally intended as a direct competitor to similar exchanges such as UniSwap (UNI) and Pancake Swap (CAKE).
These projects are designed to provide immediate benefits to investors while being part of the best achievements of Mushe Tokens (XMU), comprehensive e-commerce and digital banking network called MusheVerse. It acts as a frictionless platform for currency and cryptocurrency interoperability and exchange. Developed as an extension of MusheWallet and MusheSwap, it contributes to the economic interests of users in all markets, from regular purchases and household financial management to complex long-term investment plans.
Ethereum (ETH) is the second most valuable cryptocurrency by market capitalization and is a major competitor to Bitcoin (BTC). Its market capitalization is a whopping $324 billion. It has outperformed Bitcoin in many important areas, including transaction speed. Ethereum is migrating from the Proof of Work (PoW) system to the Proof of Stake (PoS) protocol. Proof of Work requires powerful computers to solve complex problems and validate transactions. On the other hand, in Proof of Stake systems, verifiers verify transactions in exchange for a percentage of Bitcoin holdings.
When Ethereum (ETH) is fully switched to Proof of Stake, it consumes 99% of its energy, is faster, cheaper, expandable, and has the potential to surpass Bitcoin. Many crypto experts predict that it will soon be in the five-digit rating.
Like Ethereum (ETH), Solana (SOL) is designed to support decentralised programs (dApps) and already serves many projects in DeFi, GameFi, and NFT spaces. Because of its speed, many people are flocking to Solana (SOL) to take advantage of the 2021 NFT boom. ETH 2.0 is still pending, but many expect Solana (SOL) to reach $1,000 by 2022. With a market capitalization of more than $27 billion, it is currently the 8th largest cryptocurrency globally.
Last year, its price soared by more than 11,000%, making it a major player in the cryptocurrency market. The main advantage of Solana (SOL) is its speed. Bitcoin (BTC) can perform about 7 transactions per second, and Ethereum (ETH) can handle around 30 transactions per second. SOL, on the other hand, is said to be able to handle up to 50,000 transactions per second.
Website: https://mushe.world/
Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp
_____________
Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.