Place/Date: – June 26th, 2022 at 10:33 am UTC · 4 min read
Source: Mushe
In the wake of the crypto winter, we’ve seen entire blockchain ecosystems crumble because of fearful investors. Those who do not know how the bear market works quickly pull out their investments before it’s too late. But little do they know that these collective actions liquidate a token network to no return.
Nonetheless, seasoned investors do exist in the cryptocurrency world. And they make the most out of these turbulent periods by buying the dip, but only for select coins. So, for you to optimize this period just as they are, we’ll be talking about three coins that are in the portfolio of intelligent investors today. These are Mushe Token (XMU), Dash (DASH), and Pax Gold (PAX).
Mushe Token (XMU)
XMU is the native cryptocurrency of the next-gen platform, Mushe Token, built on the Ethereum (ETH) blockchain. Mushe Token’s (XMU) platform aims to increase inclusivity in the DeFi world. It will do so by lowering transaction fees and optimizing speed.
While it’s not at peak performance levels yet, it will soon migrate to Stellar (XLM) and Solana’s (SOL) blockchain to provide users with speedy services. Furthermore, the Mushe Token (XMU) network is a decentralized and open-source platform, meaning that no special requirements are needed to access its platform.
The Mushe network also hopes to host its own MusheVerse, where there’ll be a variety of decentralized applications and games. Of course, all in-app assets would be valued in XMU, its native cryptocurrency. And gamers will be able to participate in tournaments, winning XMU as a reward.
The Mushe Token (XMU) platform also hopes to introduce an NFT marketplace where creators will be able to mint their works with minimal gas fees. With all these plans overhead, investors are more than enthusiastic regarding its release in a few weeks. It might provide some warmth in the crypto winter with massive returns in the weeks after its launch.
Dash (DASH)
DASH is an altcoin and the native cryptocurrency of the decentralized blockchain network Dash (DASH). Dash (DASH) is one of the old-timers in the DeFi space. Launched in 2014, it was designed as a payment system that helped users maintain their privacy when making transfers.
Luckily, it was around that period that cryptocurrencies were revolutionized to meet the demands of the past few years. So, Dash changed too, changing the name of its token from Xcoin to DASH.
Dash (DASH) is used by thousands of users and has millions of units in circulation. With a market cap of over 616 million dollars, the Dash (DASH) network is a thriving platform.
Pax Gold (PAXG)
Pax Gold (PAXG) is one of the few cryptocurrencies backed by gold. Each token unit is backed up by one troy ounce of London Good Delivery gold. PAXG is the native ERC-20 cryptocurrency of Paxos, a decentralized blockchain network.
Pax Gold (PAXG) is one of the most traded cryptocurrencies in recent times, and this is mainly because it can be swapped for real gold. Users bet on gold’s value rising and buy a lot of PAXG.
Another reason Pax Gold (PAXG) is trending despite the crypto winter is the relatively low transaction costs users incur when they swap their cryptocurrencies for it. Furthermore, crypto whales are beginning to buy the coin, and if you’re well conversant with the bear market’s trends, you’d know that it’s likely to experience a massive spike in value.
Investing in some select cryptocurrencies will save you from potential losses you may incur when the bear market is over. Mushe Token (XMU), Dash (DASH), and Pax Gold (PAXG) are primary tokens that investors are pumping their funds into to safeguard their portfolios from the cold crypto winter. So it’s best to invest in them while you still can.
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