If we look at some of the game-changing financial instruments that have been introduced only recently, cryptocurrencies are sure to make the cut. Built on distributed ledger technology, these digital assets leverage the unmatched potential of blockchain to offer a secure and rewarding investment option.
Add advantages like data privacy, protection against inflation, cost-effectiveness, and a self-governed structure – it’s not hard to see why cryptocurrencies have been gaining traction globally.
If you are new to the world of cryptocurrencies and are looking for long-term cryptocurrency investments, top buys like Mushe (XMU), Ethereum (ETH), and Polygon (MATIC) are a good place to start.
Mushe (XMU) – Channelling The Metaverse Potential
Leveraging the combined power of blockchain technology and metaverse, Mushe (XMU) is a platform for trading, swapping, and purchasing digital assets like cryptocurrencies and non-fungible tokens (NFTs). It also has a native token, XMU, that can be used for staking and other transactional purposes on the platform. XMU tokens can currently be purchased on presale.
With Mushe, users can look forward to a range of features that can enable them to do much more than just trade cryptocurrencies. For instance, there’s the Mushe Wallet that irons out any gaps in the user experience with seamless transactions. Then, there’s Mushe Chat, which is a decentralised social media network wherein users can share messages with others on the platform.
MusheVerse enables its users explore the metaverse and socialise, earn and play without any hassles. They can use all Mushe products with the XMU token serving as the medium of exchange.
Moreover, with the metaverse banking feature, XMU holders can purchase, sell, and trade digital assets. The XMU token is also the unit of purchase when it comes to trading and swapping NFTs on the platform.
Lastly, given its aim to promote use of decentralised finance (DeFi), Mushe hosts XMU lotteries and voting and reward programmes for its users.
Over time, the decentralised platform will be shifting to the Stellar’s (XLM) open network. The blockchain system would be instrumental in not just bringing down transaction costs but also in enabling Mushe to gain access to an extensive network of financial service providers including fintech companies.
Ethereum (ETH) Sees Strong Accumulation By Whales
Ethereum (ETH) is among the leading names of the cryptocurrency revolution that catalysed the global economy driven by blockchain technology. The platform continues to draw users globally because of its versatility.
Members can use it for cryptocurrency trading and exchange, manage digital money, deploy scalable decentralised applications (dApps) in a cost-effective manner, and send cross-border payments.
In addition, developers can build on their skills while learning new ones with the online tutorials available on the Ethereum platform. Moreover, the blockchain also has a native token, ETH, that can be used for all transactional and investment purposes on the platform.
YSL To Launch Its NFT Series On Polygon (MATIC)
Polygon (MATIC) offers users a combination of functionalities from the Ethereum network and a sovereign blockchain system and enables them to roll out scalable and cost-effective dApps with enhanced security.
Polygon has a native token MATIC that can be used for all transactional purposes like staking and yield farming on the platform.
Recently, Loreal USA’s Yves Saint Laurent (YSL) Beauty announced that it would be launching its limited-edition ‘YSL Beauty Golden Block’ NFTs on the Polygon network. The NFT series would be launched in collaboration with Arianee Project which is a Web 3.0 solutions provider that enables its users to tokenise and distribute assets.
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