Mushe Scam Logo

Mushe (XMU)

Total Raise: $1,165,500
Date: 25 May 2022 - 04 Jul 2023

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.

❗️ ❗️ ❗ IMPORTANT:

Please be aware that all information, including our ratings and reviews, is presented purely for educational purposes. CoinLaunch doesn’t provide financial advice, nor does it intend for the information to be perceived as investment advice or recommendations. Our project evaluation methodology encompasses 80+ distinct variables/metrics, refined over time through the team's rich 7-year experience.

Mushe Overview

Ticker: XMU
Country: N/A
Industry: Blockchain Service
Founded: July 2022
Whitelist: Yes
Blockchain Network: Ethereum
KYC: Yes
Bounty: n/a
Type: ICO
Security Audit: No

Mushe Review

According to the team’s claims, MUSHE coin is designed to enable peer-to-peer interactions, rewards, and governance. But in practice, it turned out to be a MUSHE scam that posed as a promising project. That is why we are convinced of the fraudulent policy of this project:

  • Anonymous founders and developers. Typically, you can contact the founders or developers if you have inquiries, but in the case of the MUSHE (XMU) scam, there appears to be no identifiable team of founders or developers.
  • 41% of XMU Supply has zero vesting. Even more, the team has had full access to the whole allocation of Liquidity (“Exchange Listings”), Dev Wallet, Marketing tokens, Community Fund and Charity totaling 41% of Supply with zero vesting. It is an enormous amount. And after the listing the team started cashing out the tokens, thereby, dumping the price. A few days after XMU listing, the MUSHE token price dropped significantly at a certain point. Since then, the MUSHE coin price has been in constant downfall, as well as trading volume and liquidity. Apart from that, there are a lot of contradictions and gaps in their overall tokenomics.
  • Silent official sources. The XMU coin website ( is not available now. The Telegram channel is also not available, and there are no videos on the YouTube channel. Twitter activity is scanty. There is a noticeable lack of comments and community engagement. This approach is not promising for a project that aims to succeed.
  • Wrong company address.  Eyewitnesses say that the company used an address belonging to an oil company, and after the letter of exposure, the address was removed.
  • Deception of employees. People who were invited by the company to work as freelancers say that the company even paid them money. But at some point, it just disappeared into thin air.

Mushe Token Economy

Total Raise: $1,165,500
Total Supply: 233,100,000
Private/Pre-sale: 233,100,000 (100%)
Public Sale: (0%)
Fully Diluted Valuation (FDV): $1,165,500
Initial Circulation Supply: (0% of FDV)

Mushe Token Sale (ICO & IDO) Rounds

ICO: Jun 2022 Past

Price: $0.005
Tokens for sale: 81,585,000
Raise: N/A
Lock-Up: 10% release at launch, 4-month vesting, 10% linear monthly ...
ICO: May 2023 Past

Price: $0.005
Tokens for sale: 116,550,000
Raise: N/A
Lock-Up: 5% release at launch, 6-month vesting, 15.8% linear monthly ...
ICO: Jul 2023 Past

Price: $0.005
Tokens for sale: 34,965,000
Raise: N/A
Lock-Up: Stage 3 purchases were unlocked at launch.

Mushe Marketing Activity

Search Engine Optimization
Social Media & Community Management
PR & Traffic
Marketing Infrastructure
Influencer Marketing
Growth Marketing
Last Update:  27 Oct 2023 Upgrade

Mushe News

Mushe Roadmap

Presale Launch - April 18th
  • Token Website Launch (Version 1)
  • Introduction video to $XMU
  • Release White Paper
  • Certik Audit
  • Influencer Onboarding Program (1000+)
  • Referral program token giveaway
  • Early Token Release To Presalers
XMU Launch - 4th July Launch
  • End of Pre sale - donation to charity chosen by community
  • Website V2
  • Launch on UniSwap
  • Launch Mushe Staking program
  • CoinGecko & Coinmarketcap listing
  • Environmental Friendly talk - Charitable events and Carbon footprint
  • Centralised Exchange Listings Tier 2 & 3
Next step
  • Establish partnership with Regulated banking App
  • Release NFT Token Lottery Tickets - Multi reward/$XMU supply Burn
  • Airdrop to early adopters (12,000 signed up) Banking Partnership
  • MusheVerse Introduction Video on Fractional Ownership using $XMU Mushe NFTs
  • Marketing and promotion of Mushe (Social media marketing)
  • Feature on Financial “Without the silver spoon” Influencer Podcast
Next step
  • Centralised Exchange Listings Tier 1 & 2
  • Venture Capitalist Pitch
  • Launch on DEX
Next step
  • Release Mushe Wallet on Appstore and Google play
  • Release Mushe paper wallets for charity donations
  • Launch Mushe Chat
  • $XMU To be Listed on banking app exchange Fiat onramp
  • Spend $XMU using provided debit card
  • MusheVerse Sneak peek

Others in past IDO

readygg logo READYgg (RDYX)
Total Raise: $17,750,000
- 17 Jul
xhype logo XHYPE (XHP)
Total Raise: $3,632,000
- 22 Jun
Farcaster Logo Farcaster (WARPS)
Total Raise: $180,000,000
12 Jul - 21 May
Nillion Logo Nillion (NIL)
Total Raise: $40,000,000
11 Dec - 26 Jun
Share this project:
Mr. Travellot 190 days 9 hours ago
Total scam, invested my money now the site is gone