How to Weather the Crypto-Storm: Invest in PAX Gold (PAX), Chiliz (CHZ), and Mus...

A cryptocurrency price plunge this week has incurred more negative headlines for the cryptoverse. While some crypto projects will inevitably fold under the strain, disappearing without a trace, it is a very different story for those cryptocurrencies with the steely determination and resilience to brave it out. Three cryptos that are well poised to do just that are PAX Gold (PAXG), Mushe Token (XMU), and Chiliz (CHZ).

PAX Gold (PAXG) – The Golden Touch

If you are looking for something solid to back up your cryptocurrency investment, then pure gold seems like a pretty good way to go. Each token of PAX Gold (PAXG) is backed by one fine troy ounce (t oz) of a 400 oz London Good Delivery gold bar, stored in the infamous Brink’s vaults. That’s right, if you own PAXG, you quite literally own gold.

This seems a pretty sure-fire way to keep your investment safe during a cryptocurrency price plunge like the one we are currently witnessing. 

Today’s price of one ounce of fine gold is $1,853 per ounce, which is a 3.51% growth in the last 15 months. PAX Gold’s (PAXG) market capitalisation has grown 407% during this same time period.

PAX Gold (PAXG) is also surprisingly cheap to use due to its very competitive fee structured base. To make and redeem PAXG tokens, users will pay between 0.02-1% of volume tiers in fees. Alongside a very desirable low on-chain Ethereum gas fee of just 0.02%, including zero storage fees.

Although a large contingent of crypto adventurists consider the unique selling point of this alternative currency is its detachment from government-backed economies like fiat currency and gold, it pays to have some PAX Gold (PAXG) in your wallet as a way to fend off a Cryptocurrency Price Plunge.

Chiliz (CHZ) – The Wonderful World of Sports

Chiliz (CHZ) has a fresh angle that has attracted a lot of investments since its inception in 2018 – the dynamic arena of sports. It proudly proclaims itself as the ‘world’s leading blockchain fintech provider for sports and entertainment.’

Chiliz (CHZ) gives sporting entities with blockchain-based tools the opportunity to engage with their audiences and monetize their support via a fun alternative approach. Owners of Chiliz (CHZ) can interact with their favourite sports teams in many ways, including voting with their fan tokens on Socios.

Counting such footballing powerhouses as Paris St Germain, Juventus, and AC Milan as their official partners, it’s easy to see why Chiliz (CHZ) has seen such phenomenal growth in recent years. 

Football, along with other major sports, will forever attract huge investment. It being a World Cup year (2022), this could well be the most exciting and fruitful time to get on board with Chilliz (CHZ) and its sports USP. 

Mushe (XMU) and the Amazing MusheVerse

Mushe (XMU) is an exciting new crypto project currently at the presale stage. It has been generating a lot of interest mainly due to the super cool new features promised by its metaverse – the MusheVerse.

With the brilliantly ambitious aim to be the only financial app you will ever need, the decentralised MusheVerse will let users flip between cryptocurrencies and fiat currency. You will be able to pay for all kinds of services and goods in both the digital and the real world.

Mushe (XMU) wants to make it super easy to join the MusheVerse, and it will provide a smooth, educational and inclusive ecosystem that is designed to entice the less tech-savvy amongst us who have so far found the metaverse hype a bit overwhelming, not to mention confusing.

No matter the current fluctuating prices in the crypto market, each of these projects has a considerable chance of remaining at the forefront of the crypto conversation. 

Learn more about Mushe (XMU):

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

Website: https://mushe.world/

Telegram: https://t.me/musheworldXMU

Chiliz (CHZ): 

Website: https://www.chiliz.com/en/

Always conduct proper research when dealing with pre-sales of currencies and tokens. The information above does not constitute investment advice by CryptoMode or its team, nor does it reflect the views of the website or its staff. 

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