When digital assets started plummeting after the market crash in May 2022, many critics predicted that cryptocurrencies and NFTs were bound to be doomed. However, digital assets have proven doomsday predictions wrong by showing remarkable resilience in the face of negativity.
Interestingly, several new projects have come up to add to digital assets’ excitement and infinite opportunity. One such project is Mushe World, which aims to revolutionize how people interact with Web3 gems like cryptocurrencies and Non-Fungible Tokens (NFTs). Mushe World launched its unique NFT Collection on October 31. Analysts predict that the Mushe NFT collection will be sold out within 48 hours, joining the league of CryptoPunks (PUNK) and Axie Infinity (AXS). This article looks at what makes Mushe NFT Collection special and how CryptoPunks (PUNK) and Axie Infinity (AXS) perform.
Mushe NFT Collection opens doors to exciting Opportunity
For enthusiasts interested in the next gem digital asset, Mushe NFT Collection provides a unique opportunity to grow worth and participate in the exciting world of Web3. Mushe NFT Collection is not an ordinary collection of profile pictures. Each Mushe NFT has been carefully crafted by some top digital artists and features many unique traits. These NFTs represent fractional ownership of several products and facilities within the Mushe World (XMU) ecosystem.
Mushe NFTs open the doors to many exciting possibilities within the Mushe World ecosystem, which comprises a decentralized social platform, a digital asset wallet, Decentralized Finance, XMU tokens, MusheVerse, MetaVerse Banking, and much more.
While the price of Mushe World’s XMU tokens has already jumped over 200% within a few months of launch on Uniswap, analysts are making very high projections for Mushe NFT Collection and XMU tokens.
For digital asset adherents, who missed the early wave of NFTs, the Mushe NFT collection and XMU tokens provide a fresh opportunity to interact with Web3.
CryptoPunks’ floor price, market cap jump
CryptoPunks continues to dominate the NFT marketplaces with an average price of 59.35 ETH and an estimated market cap of 805,883 ETH. Offering 10,000 unique collectible characters with proof of ownership stored on the Ethereum blockchain, CryptoPunks has been a trailblazer and an inspiration behind the modern CryptoArt movement and the ERC-721 standard, which is powering most digital art and collectibles today.
Despite the ongoing crypto winter, CryptoPunks’ floor price has jumped over 36% in 30 days, and the number of traders of these NFTs has surged by 20% during the same period, according to DappRadar data. Growing investor interest amid an imminent revival of the digital assets market has pushed CryptoPunks’ market capitalization by nearly 25% in 30 days.
Axie Infinity (AXS) price drops
The floor price of Axie Infinity NFTs has jumped by over 370% to $1.13 in the last four weeks, according to DappRadar data. However, AXS tokens’ value has plummeted in the ongoing bear market. AXS tokens are powering the play-to-earn Axie Infinity gaming ecosystem.
Recently, Axie Infinity released the first batch of 10 million AXS tokens, restricted to early investors and insiders. Several holders of AXS tokens have deposited them in crypto exchanges. However, the move has been seen by many market observers as a dumping exercise. In anticipation of this, the AXS token price corrected by over 22% ahead of the unlock. Axie Infinity (AXS) token was trading over 94% below the all-time high of $164.9 on November 6, 2021.
How To Purchase Mushe (XMU)
For newcomers looking to get involved and buy Mushe tokens, you will need a compatible ERC20 wallet such as Metamask or Trust Wallet, which will need to be connected to UniSwap, or you can use the MusheSwap website: https://swap.mushe.world/.
Once the wallet is connected to UniSwap, you will need to press the swap button and specify Mushe (XMU) contract address: 0x56123908ACA89bf60cE9659aE9F4589E46c8D2cF or you can click the link here: https://app.uniswap.org/#/swap?chain=mainnet&outputCurrency=0x56123908ACA89bf60cE9659aE9F4589E46c8D2cF.
After this, all that is left to do will be to confirm the amount of XMU tokens you would like to buy and the crypto you would like to exchange for it and complete the swap.
Learn more about Mushe (XMU)
Official Website: https://www.mushe.world/
Community Links: https://linktr.ee/musheworld
XMU Contract: 0x56123908ACA89bf60cE9659aE9F4589E46c8D2cF
Disclaimer: This is a sponsored article, and views in it do not represent those of, nor should they be attributed to, ZyCrypto. Readers should conduct independent research before taking any actions related to the company, product, or crypto projects mentioned in this piece.