Cardano (ADA), Polygon (MATIC) and MUSHE Token (XMU)

Disclaimer: The text below is an advertorial article that was not written by journalists.

Since 2021, the cryptocurrency market has been rocked by challenges caused by crypto regulations and greedy investors. Many investors and traders have lost their capital without any hope of swift recovery. However, there are still clear indications that many things are yet to come from cryptocurrency. market. As a result, it’s only normal to expect the market to bounce back. To prepare for the next bull run, you need to fill your portfolio with the right tokens.

So, what are the cryptocurrencies to watch before the next major bull run begins? Cardano (ADA), Polygon (MATIC), and Mushe (XMU) are crypto tokens with a lot of potential. Let’s learn what makes each of them special.

Cardano (ADA)

Cardano was designed to be a blockchain platform used to process cryptocurrency transactions. The development team of this platform planned to process all these transactions using a native dedicated token called ADA. The biggest appeal of the Cardano blockchain is that it can handle different types of transactions at once. There are plans of expanding its capacity and transforming it into the “Internet of Blockchains”. This type of system would seamlessly support interconnectivity between blockchains.

Launched in 2017 as Crypto 3.0, Cardano developers planned to use this token to improve the functionality of Ethereum and offer all the key things that Ethereum was missing. Charles Hoskinson founded this cryptocurrency after he chose to leave the Ethereum team due to a dispute with its founder, Vitalik Buterin. The goal was to launch Cardano as a scalable, interoperable, and sustainable blockchain that would improve on Bitcoin and Ethereum.

Polygon (MATIC)

Polygon (MATIC) is a cryptocurrency technology designed to allow blockchains to connect and scale easily. The peculiarity of the Polygon token is that it operates using the Ethereum blockchain and is only compatible with Ethereum-based objects. MATIC is an ERC-20 token. As a result, it’s compatible with Ethereum-based currencies. Through the use of MATIC’s features, it’s possible to boost the scalability, flexibility, and power of the Ethereum blockchain. Users of the Polygon network rely on MATIC to pay transaction fees and govern the network.

Polygon adopts a proof-of-stake mechanism to ensure that there is a consensus in every block. This unique mechanism relies on staking from MATIC users. This means they will agree not to trade or sell their tokens for a particular duration. In exchange, they will get the right to validate transactions on the Polygon network. These validators are rewarded with MATIC.

The main purpose of the Polygon network is to support and take care of the limitations of the Ethereum blockchain – high transaction fees and slow processing speed. It takes care of this problem by helping Ethereum communicate with other blockchains. Currently, the Polygon network supports over 7,000 blockchain-based projects.

Mushe (XMU)

Mushe has embarked on a journey to establish a unique system that will make it easier to spend and use cryptocurrencies. Users will also be able to conduct transactions and collect incentives. Currently, MUSHE aims to bring all these benefits and more to users with its XMU token.

XMU is a decentralised token designed to support peer-to-peer interaction, collect rewards, and support governance within the MUSHE ecosystem. This token plays a unique role within the network by acting as a source of liquidity and enhancing the overall user experience. They aim to use this token to show the entire world the benefits of blockchain and make digital assets increasingly accessible to everyone. 

Today, the XMU token runs on the Ethereum network. However, its developers have plans to move to the Stellar network. They are attracted by the low transaction fees and real-world backing of the Stellars Network. If you intend to acquire cryptocurrencies that will quickly bounce back from this torrid period, you should consider investing in Cardano (ADA), Polygon (MATIC), and MUSHE (XMU). When you consider all their benefits, it’s clear that these crypto tokens have lots of untapped potential.




Be the first to comment

Leave a Reply

Your email address will not be published.