The cryptocurrency sector has been slow during the first few months of 2022, compared to the enormous boom of 2021. It has been a rough week for some of the most popular cryptocurrencies, like Ethereum (ETH).
Despite the red alerts from the market pre and post easter celebrations, some coins still saw an encouraging increase in price with cryptos like Dogecoin (DOGE) and Mushe Token (XMU). Both cryptos experienced a green light and helped their investors improve their portfolios.
The value of Dogecoin (DOGE), a cryptocurrency that Tesla CEO Elon Musk frequently supports on social media, jumped by about 14% shortly after it was revealed that Musk had purchased Twitter for $44 billion.
For a few days after the news broke, the value of Dogecoin (DOGE) continued to grow, culminating at $0.1675. It wasn’t just Dogecoin’s price that rose when Twitter approved Musk’s offer to buy the company. There was also an increase in the price of Mushe Token (XMU) right about the same time.
During the last couple of days, the price of Mushe Token has increased by 44 percent as the token’s popularity has surged in the presale.
When it comes to making money with cryptocurrency, pre-sale investments are one of the best bets. Approximately $250 million was raised for Filecoin (FIL), making it the most successful crypto presale ever. Since its thrilling pre-sale recently started, the DeFi project has already returned some incredible gains to the first investors.
Elon’s pet dog has been sensational from inception up to this very point, and to think that a single meme could be worth so much in value is a whole other topic for discussion. Its rise to the summit may have only just begun.
Dogecoin (DOGE) ranks 11th on coinmarketcap and is one of the most sought-after cryptocurrencies to purchase in 2022. The coin had done its duty in turning pennies into large greens for investors over the past few years, partly thanks to billionaire tycoon Elon Musk for being an ardent proponent of this meme coin.
The meme coin community has unparalleled support for DOGE, which has been instrumental to its successes and potential future milestones.
Dogecoin has lower transaction fees than many other cryptocurrencies, making it an attractive option for anyone looking to conduct transactions at a minimal cost. Dogecoin’s rising popularity is a significant factor in purchasing it right now.
Mushe Token (XMU)
Just as DOGE scaled upwards after Musk’s acquisition of Twitter, Mushe Token (XMU) followed suit shortly after and made headlines around the crypto community, and as the days go by, the potential of this coin seems to gather the interests of onlookers.
The Mushe Token (XMU) is a decentralized currency that has a primary goal to blend both the culture of the fiat currency tribes and the tradition of the cryptosphere with an array of neatly worked out financial services that would be beneficial to both hard and virtual currencies. With a focus on educating others on the benefits of crypto currency, it could increase the number of people using crypto and therefore be a lucrative opportunity.
XMU has decided to jump on the train with the metaverse and NFTs. Metaverse token holders may purchase and sell Metaverse items in the Mushe Metabank, which is a location where token holders can engage in other forms of social interaction and entertainment.
The presale for this token is on if you want to get in and buy some units now that it is at its cheapest before the official launch.
For more info on Mushe (XMU):
Always conduct proper research when dealing with pre-sales of currencies and tokens. The information above does not constitute investment advice by CryptoMode or its team, nor does it reflect the views of the website or its staff.
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