Breaking News
Investing Pro 0
Free Webinar - Master High-Probability Trades! | Tuesday, March 21, 2023 | 11:00AM PST Enroll Now

Know More About MUSK - The Latest Viral Cryptocurrency & MuskSwap Platform

Cryptocurrency Jul 27, 2021 05:30AM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
 
Know More About MUSK - The Latest Viral Cryptocurrency & MuskSwap Platform
 
TSLA
+1.73%
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
BTC/USD
+1.72%
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
ETH/USD
-0.10%
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 

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 (NASDAQ:TSLA) 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
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

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.

Total sale: 250,000,000,000,000 MUSK
  • Pre-sale (01 Aug ~ 31 Aug, 2021): 50,000,000,000,000 MUSK, price : $0.000000025
  • Public sale round 1 (01 Sep ~ 30 Sep, 2021): 50,000,000,000,000 MUSK, price : $0.000000035
  • Public sale round 2(01 Oct ~ 31 Oct, 2021): 50,000,000,000,000 MUSK, price : $0.000000045
  • Public sale round 3(01 Nov ~ 30 Nov, 2021): 50,000,000,000,000 MUSK, price : $0.000000055
  • 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 future of technology and the future of humanity.

Official website: https://muskswap.io

Token contract: 0xcD657182A749554fc8487757612F02226355269d

Continue reading on BTC Peers

Know More About MUSK - The Latest Viral Cryptocurrency & MuskSwap Platform
 

Related Articles

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

  •            Enrich the conversation, don’t trash it.

  •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

  •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.
  • Any comment you publish, together with your investing.com profile, will be public on investing.com and may be indexed and available through third party search engines, such as Google.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Continue with Google
or
Sign up with Email