Dogecoin, Baby Doge Coin, and Mushe Token take over the crypto market

The Influence of Dogecoin

Dogecoin was the first-ever meme coin to enter the market. The term ‘meme coin’ stems from the fact that DOGE was created as a joke, however, this cryptocurrency became an extremely important one in the market. Influencing hundreds of new projects every day, meme coins aspire to reach the same level of success. 

A pivotal moment for Dogecoin was when Elon Musk first publicly supported it. As Musk plays a significant role in the crypto market, influencing users worldwide to invest in certain coins, this helped DOGE reach a milestone. When the information became public that Musk invested in Dogecoin, the value of DOGE increased significantly. Ever since Dogecoin has become a market leader; it is currently ranked 10th on CoinMarketCap.

Baby Doge Coin Follows In Its Father’s Footsteps

Similarly to Dogecoin, Baby Doge Coin was also initially created as a joke. As it is a meme coin, BabyDoge is marketed through a comedic lens, claiming to have learned a few lessons from its father, DOGE. Trying to impress its father by showcasing its improved transaction speeds, BabyDoge is on par to potentially reach a similar level of success as DOGE. 

Additionally, Baby Doge Coin is hyper-deflationary with static reflection, meaning that more BabyDoge coins are automatically added to the user’s wallet when making a transaction. 

Taking inspiration from Dogecoin, BabyDoge has a lot of potential to take over the market. Plus, its core message of spreading awareness of animal adoption is another reason why users love BabyDoge. 

How Does Mushe Compare?

Although Mushe Token is not a meme coin, it still holds the same potential for success as BabyDoge, if not more. Currently, XMU is in presale, meaning that token prices are low as it plans to launch on July 4th, 2022. 

XMU is a decentralised token which facilitates peer-to-peer interaction, rewards, and governance. With the purpose to propel blockchain adoption by increasing the accessibility of digital assets for users, Mushe Token is determined to educate society more on digital finances. 

Although it is currently built on the Ethereum blockchain, Mushe Token intends to migrate to Stellar’s open network as it is a proven blockchain reputable for low transaction costs, a feature that Ethereum lacks.

With plans in place for a ‘MusheVerse’, it will become a space for NFTs, P2E gaming, and more. 

Hence, it seems as if Mushe is on track to take over the crypto market once launched. This is the best time to invest as it is in presale and XMU token prices are only set to rise. 

Learn more about Mushe Token here:

Website: https://www.mushe.world/

Presale: https://portal.mushe.world/sign-in

Disclaimer: This article is a paid publication and does not have journalistic/ editorial involvement of Hindustan Times. Hindustan Times does not endorse/ subscribe to the contents of the article/advertisement and/or views expressed herein.

The reader is further advised that Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions.

Hindustan Times shall not in any manner, be responsible and/or liable in any manner whatsoever for all that is stated in the article and/or also with regard to the views, opinions, announcements, declarations, affirmations etc., stated/featured in same. The decision to read hereinafter is purely a matter of choice and shall be construed as an express undertaking/guarantee in favour of Hindustan Times of being absolved from any/ all potential legal action, or enforceable claims. The content may be for information and awareness purposes and does not constitute a financial advice.

First article