Disclaimer: The text below is an advertorial article that was not written by Cryptonews.com journalists.
In the current market situation, investors are keeping a close eye on which cryptocurrencies are on the rise and which ones seem to be struggling. Whilst many are keeping an eye on the bigger coins such as Bitcoin and Ethereum, it could be wiser to keep a close eye on the smaller coins such as Mushe Token (XMU) and Floki Inu (FLOKI).
Mushe Token (XMU)
Mushe Token is a new crypto project to enter the market as it is currently in stage two of the presale phase. Focusing on decentralisation and peer-to-peer interaction, Mushe aims to provide users with a harmonious experience.
Currently built on the Ethereum blockchain, Mushe has plans to migrate to the Stellar blockchain due to its reputation for low costs and fast transaction speeds. As its ecosystem will act as a space for NFTs and gaming, Mushe will eventually also migrate to Solana as the primary blockchain for this.
As XMU is currently in presale, token prices are low and it is not directly impacted by the market crash. This is why Mushe is a strong project to consider right now especially as it has seen a 1000% price increase since its presale began.
Additionally, Mushe Token has a lot of features to attract users including:
- Mushe Wallet
- Mushe Chat
- Metaverse Banking
- Decentralised Finance
These features are attractive to investors as it shows a lot of potential for XMU to succeed in the long term.
Floki Inu (FLOKI)
In contrast, Floki Inu is a dog-based meme coin recently released in 2021. Taking inspiration from the established meme coins such as Shiba Inu and Dogecoin, FLOKI aims to reach the same level of success whilst taking a different approach. Rather than being known as simply a meme coin, FLOKI would prefer to be referred to as a movement as it was birthed by Shiba Inu’s fans and community.
Focusing heavily on developing its NFT sector, Floki Inu intends this to be its main attraction for users as NFTs have become significantly popular over the past year.
As meme coins have truly blown up more than anticipated, Floki Inu has the potential to reach high levels of success. Of course, the current market crash has harmed FLOKI’s value, however, all cryptocurrencies have been impacted. Ultimately, Floki Inu could pick up again once the market rises and potentially become as big as Shiba Inu.
Which Is The Better Investment?
Whilst Floki Inu is on par to do well by focusing heavily on NFTs, it seems as if Mushe is the better investment option as of right now. As XMU has not launched yet, it could pick up quite early on after launch which will play a big factor in its success. As FLOKI did not have this benefit, it will have to work harder to succeed.
Additionally, Mushe has key features to attract a wider audience as opposed to FLOKI which solely targets meme coin and NFT fans. As XMU is in presale right now, this may be the best time to invest as token prices are low and will most likely rise as time goes on.
Learn more about Mushe here: