It’s not enough to recognise coins with a lot of potential: you also need to know when to acquire them at the correct price. This might be challenging for inexperienced crypto investors who don’t have a good understanding of how the market works. As a result, we’ve done the legwork and compiled a list of three cryptos that have the ability to provide you with the financial independence you seek. Mushe Token (XMU), Filecoin (FIL) and Aave (AAVE) are the three hot coins we are going to analyse in this article. You’ll learn what these coins are used for and if they’re worth investing in.

Aave (AAVE)

With a total value locked of about $9 billion, Aave (AAVE), which was released in 2020, is possibly the world’s largest DeFi protocol. With a market cap of about $1.6 billion, Aave (AAVE) is the world’s 42nd biggest cryptocurrency as of this time of writing. It offers customers a diverse choice of products like borrowing crypto, which has enabled the coin to quickly expand its ecosystem during the last two years. Assume an investor has made a $10,000 Bitcoin investment (BTC). The user, however, desires to liquidate a part of their investment due to a financial need. As a consequence, the investor may either sell a portion of their BTC token or receive a personal line of credit from traditional banking partners. But as a holder of Aave, the user can borrow crypto against one’s assets.

Payday loan interest rates are notoriously high, and they are often criticised for being predatory. As a consequence, investors may now use Aave (AAVE) to pledge their cryptocurrency tokens for a loan in the form of digital assets related to the US dollar, such as DAI. The DAI may be moved to a crypto-exchange, such as Coinbase, and exchanged for fiat currency.

Filecoin (FIL)

Filecoin (FIL) is a decentralised storage system for storing valuables as well as crucial data and information. It’s also an application development platform where users may rent or purchase storage space.

Unlike centralised storage solutions like Cloudflare and Amazon Web Services, its decentralisation makes a significant impact. It ensures data integrity and accessibility by making it difficult to censor and retrievable. Users may also have complete control over their data.

When it was launched in 2017, early investors were able to purchase the Filecoin (FIL) presale token for $1 each. Investors who purchased the currency for $1,000 would have received a digital asset worth nearly $8,000 at the time. The coin’s long-term value, as well as its storage capabilities and capacity, are the driving drivers behind its acceptance and growth.

Mushe Token (XMU)

Mushe Token (XMU) is now on presale, and you may acquire it using the link below. It  will be used to pay for services produced inside the Mushe ecosystem. There will be a decentralised exchange and a metaverse to support token exchanges and DeFi protocols.

Mushe Tokens have a set quantity that is given to the Mushe team, and that has been vested for the first three months of its introduction and will be issued every quarter. The tokens that are given to partners are locked for a year. For the same period of time, the reserve capital is likewise closed.

This demonstrates the platform’s long-term objectives, particularly in light of its support for the DeFi space and its commitment to maintaining openness and accountability at all levels. All token holders will get 1% of the tokens as an incentive. As a result, owning Mushe Tokens (XMU) allows you to profit passively.

The inclusion of the three above-mentioned tokens might result in massive gains in the future. Mushe Token (XMU) has intentionally positioned itself as a currency for a diverse ecosystem. It may provide you with an edge if you can gather enormous numbers.

Links

Pre-sale:   https://portal.mushe.world/sign-up

Website:   https://www.mushe.world/

Telegram: https://t.me/musheworldXMU

Twitter:  https://twitter.com/Mushe_World

Instagram: https://www.instagram.com/mushe_world/

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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