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Crypto Market bounces back with ETH, DOGE and XMU pump

The crypto market met a much-needed life on Sunday, June 19, 2022, as it recovered more than 15%, with several investors claiming to buy and enter the crypto industry. Elon Musk, who indicated he was continuing to buy Dogecoin despite a lawsuit filed by Keith Johnson claiming that Musk was involved in the project was a pyramid scheme, one of the most popular names re-entering the market. However, emotions are strong right now, and the crypto market can start to climb up the mountain.

Ethereum gains

This was the case with Ethereum (ETH), which had a significant return after falling below $ 1000, as investors saw it as a good buy and an insignificant asset. Ethereum was one of the first to climb, and it is easy to see why, given that it is one of the pillars of Web3 and the upcoming bridge in Eth 2.0.
In addition, there have been reports that Ethereum mines are coming, paving the way for environmental sustainability, which is crucial to the success of any modern project, especially with Anthropocene in the minds of many investors. Although the miners were unhappy, the news was welcomed by the entire city, which saw it as an important investment destination.

Elon Musk adding more DOGE

Elon Musk has extended his arrest and has publicly announced that he will continue to add to it after allegations he made of a pyramid scheme allegedly involving Tesla, SpaceX, and his communications assets with Dogecoin.
Keith Johnson claims he invested in DOGE only because of Elon’s involvement, and that he and others lost a large percentage of their investment as a result of the lawsuit. Many in the industry believe this will be an absurd crime. Investing in a tweet is not a good investment strategy; finishing your homework with the right diligence is the best way.
Dogecoin is more than just a meme now as it is supported by Elon Musk and is increasingly being introduced to the wider community, as DOGE is currently accepted as a way to pay more retailers. It has a great opportunity to continue raising the level of widely distributed coins.

Mushe Token XMU shows 1000% gains

As crypto education and acquisition continues to rise, more and more investors will want to enter the market. The problem with most programs is that they have high entry barriers, with jargon and complex user connections that prevent new investments.
Mushe Token (XMU) seems to be a new project that will address this issue, and has a lot of potential to be used as an easy way to get into crypto and as a secure and easy payment token to connect to Web3 and general funds.
Mushe Token (XMU) has seen a 1000 percent price increase since its ICO, and it is not too late to join one of the most effective brands in recent memory, with stage 2 closing at 00:00 BST on Monday, June 27th. -Web3 can be accessed smoothly due to its simple UI and Metaverse integration platform across all NFT, games, and digital content. The Mushe Token is well positioned as an entry point for new users as more and more people move to Web3.

Read more: Twitter shareholders unanimously supports Elon Musk planned $44 billion takeover

Kunal Krishan
Kunal is an investment space writer who firmly believes investment is something which should not be a choice but a part of everyone's life.


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