The year 2021 has been a year of endless new cryptocurrencies coming into play for the online financial market. The latest one? $MUSK. It has gained traction in the crypto community recently.
Why are the community interested in $MUSK?
Firstly, it should be asked why the name $MUSK.
$MUSK is developed on BSC, MUSK and MuskSwap tokens are born to form a community that supports the billionaires as well as famous people and their businesses who participate in the cryptocurrency market, especially Elon Musk – one of the most influential technology billionaires in the world’s financial and cryptocurrency markets.
The Musk Effect in cryptocurrency Market
Enlightened, visionary, genius, controversial, egocentric… These are just some of the adjectives attributed to Tesla’s founder, Elon Musk. The recent years have seen a record breaking growth in SpaceX and Tesla which has cemented Musk as the undisputed disruptor of the world. He probably shares, to a certain extent, part of all of these attributes because, after all, someone who aims to change the world leaves no-one indifferent. He has 22.4 million followers in his twitter account, and it is this media that he used to trigger a financial turmoil in cryptocurrency market. And the ‘brand Musk’ has become so big that just the tweets of the 49-year-old inventor are enough to shake the markets.
Here are some examples of the Musk Effect:
-In January 2021, the Tesla CEO simply changed his Twitter bio to ‘Bitcoin’ leading to the cryptocurrency shooting 14 percent in value.
-The following month, Musk announced that Tesla has bought $1.5 billion worth of Bitcoin, and will soon start accepting the virtual currency as a genuine mode of payment for the electric vehicles. This made Bitcoin reach fresh record highs to more than $60,000.
-Using his brand power, Musk has boosted the value of Dogecoin – a crypto-meme that was originally created to mock cryptocurrencies. The multi-billionaire went after Dogecoin so hard that he made the decision to dump Bitcoin last week, saying the cryptocurrency will not be used anymore to buy Tesla vehicles, citing ‘environmental risks’ associated with the virtual currency. This led to Bitcoin’s value tumbling to three-month low.
On the other hand, Elon Musk has always been a person with a very modern look, even thinking ahead of today’s times. As a technology billionaire, he is not only at the forefront of future technology trends in all areas: international payments, aerospace, internet…. but also actively builds those trends into reality. Elon Musk is not the only billionaire supporting cryptocurrencies. His presence in this market will entail an effect and a huge capital inflow in the future. It is also very likely that it is a technologically superior alternative to the cryptocurrency industry. It is more beneficial for us to support Musk than to follow the opposing public opinion against his thoughts.Elon Musk is one of the first billionaires to show his support to cryptocurrencies publicly.
Secondly, $MUSK is the native token of a Decentralized Platform MuskSwap.io.
Short for decentralized finance, DeFi is an umbrella term for a variety of applications and projects in the public blockchain space geared toward disrupting the traditional finance world. DeFi consists of applications and peer-to-peer protocols developed on decentralized blockchain networks that require no access rights for easy lending, borrowing, or trading of financial tools.
MuskSwap is a decentralized platform where users can perform various operations with BEP-20 tokens. It’s based on Binance Smart Chain using permissionless liquidity pools that are automated and run completely by algorithms. This use of algorithms to run the pools makes MUSK an automated market maker (AMM).
What can you do on MuskSwap platform?
As you might already be guessing based on the explanation above, MuskSwap allows users to exchange BEP-20 tokens via swap function. It also allows them to use their cryptocurrencies to provide liquidity for the exchange pools, and thus earn additional tokens. It’s also possible to stake tokens on the platform and earn more tokens from that method.
MuskSwap.io allows for all the following:
§ Trade/Swap BEP20 tokens via Muskswap
§ Provide liquidity to the exchange and earn fees
§ Stake your LP (liquidity provider) tokens to earn $MUSK token and other tokens in the ecosystem $SPACEX, $TESLA, $STARLINK.
§ Stake $MUSK to earn more $MUSK
§ Play minigame Lottery to earn big prizes
Benefits of MUSK
MUSK eliminates all of these concerns because it exits the confines of the Ethereum ecosystem. The Binance Smart Chain was developed to streamline all of these actions and provide a more cost-effective alternative to users. This strategy has helped the platform stand out amongst the growing competition amongst DEXs.
Join the community to support ElonMusk
Joining MuskSwap community, the members have the place to share their thoughts and update the latest actions of this billionaire. Members can collect all of the related tokens $MUSK, $SPACEX, $TESLA, $STARLINK, the symbols of which show the most famous super projects of Elon Musk.
TOKEN SALE & AIRDROP PROGRAMS
Once you take a look at all the features and advantages gained from using MUSK it’s easy to see why it will become so popular. as one celebrity said: “Please invest in a platform when it just getting start, not when you see i’ve succeeded”.
You can join MUSK community and get MUSK tokens via the sale:
Token total supply: 1,000,000,000,000,000 MUSK
Total sale: 250,000,000,000,000 MUSK
o Pre-sale (01 Aug ~ 31 Aug, 2021):
50,000,000,000,000 MUSK, price : $0.000000025
o Public sale round 1 (01 Sep ~ 30 Sep, 2021):
50,000,000,000,000 MUSK, price : $0.000000035
o Public sale round 2(01 Oct ~ 31 Oct, 2021):
50,000,000,000,000 MUSK, price : $0.000000045
o Public sale round 3(01 Nov ~ 30 Nov, 2021):
50,000,000,000,000 MUSK, price : $0.000000055
o Public sale round 4 (01 Dec ~ 31 Dec, 2021):
50,000,000,000,000 MUSK, price : $0.000000065
The other way to get MUSK is via Muskswap and farming on the platform or earn via Airdrop program of 30,000 billion $MUSK (~$3,000,000).
Beside its great functions, MUSK is sure to gain popularity because of its idea to accompany Elon Musk – the amazing man expected to do extraordinary things, maybe a leap, maybe the fuis great billionaire.
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Token contract: 0xcD657182A749554fc8487757612F02226355269d