MUSHE is a fraudulent project that presents itself as a decentralized token enabling peer-to-peer interaction, rewards, and governance. However, it operates as a pump-and-dump scheme, deceiving its investors. Notably, a significant decline in MUSHE token price, anonymous developers, and either factors substantiate its untrustworthy nature. $XMU is meant to enrich the products of the Mushe Ecosystem, such as Mushe Wallet, MusheSwap, MusheVerse, MusheChat, and Mushe NFTs.
Mushe Overview
Token Symbol
XMU
Sector
Blockchain Service
Launch Date
July 2022
Issuing Chain
Ethereum
Whitelist
Yes
Type
ICO
Related Links
Security Audit
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Mushe Tokenomics
Total Raised
$1.165M
Total Supply
233100000
Private/Presale
$233.100M
Public Sale
$0
Fully Diluted Valuation (FDV)
$1.165M
Initial Circulating Supply
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Distribution Mechanism
Presale 30%
Exchange listings 17%
Reserve Capital 15%
Marketing 14%
Founders & Team 12%
Dev Wallet 5%
Community Fund (DeFi, Staking, Rewards) 4%
Advisories & Partners 2%
Charity (Community choice) 1%
Mushe Token Sales (ICO & IDO) Rounds
ICO
2022-06
Ended
Price
$0.005
Tokens Sold
$81.585M
Increase
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Locked
10% release at launch, 4-month vesting, 10% linear monthly ...
Launch Sector
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Source
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ICO
2023-05
Ended
Price
$0.005
Tokens Sold
$116.550M
Increase
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Locked
5% release at launch, 6-month vesting, 15.8% linear monthly ...