Some coins are making all the right moves while others are struggling. From the whales right down to the retail investors, everyone is looking for the best place to stick their money. Getting that right could be worth thousands, or even millions, of dollars.
Right along with just about everyone else, Shiba Inu (SHIB) pumped about a month ago. Since then, it has been going down, down, down. Because meme coins depend so much on buyer sentiment, that has been bad news.
HedgeUp (HDUP), on the other hand, is knocking down milestone after milestone. The revolutionary DeFi blockchain is disrupting a $17 trillion market and turning heads in the process.
Shiba Inu (SHIB)
The dog-themed meme coin, Shiba Inu (SHIB), is testing the patience of its loyal followers. Shiba Inu (SHIB) put itself on the map back in 2021 and has been holding its own during the bear market. Recently though, it hasn’t been keeping pace with other crypto projects.
Shiba Inu (SHIB) is the self-appointed “Dogecoin killer,” aiming to take the champ’s title. It has a strong community, and a limited amount of utility, and can be found on a variety of CEXs and DEXs. However, while DOGE is maintaining its position at number eight with just under $10 billion in market cap, SHIB has slipped to fifteen.
Even with the upcoming launch of Shibburn, the token is dipping. Shibburn is an initiative to add some much-needed stability to Shiba Inu (SHIB). One of the main problems with the meme coin is its tremendous supply. A burn mechanism should boost investor confidence, but that hasn’t materialized yet.
At this rate, we could see lows that rival its launch price.
The grass is much greener over at HedgeUp (HDUP). It looks like HedgeUp’s plan of disrupting the $17 trillion alternative assets market is paying off. The project is roaring through its presale as investors from around the world look to get in on the ground floor.
HedgeUp (HDUP) is alone among DeFi projects, aiming to bring alternative assets to everyday investors. Specifically, HedgeUp (HDUP) wants to give everyday people a chance to invest in things they are normally priced out of. This includes luxury items such as high-end watches, exotic spirits, diamonds, and artwork.
The process involves getting and safely storing the items in question, followed by creating NFTs that represent them. So, each item will have several NFTs, allowing investors to own a share of the asset for a much more affordable price.
But, HedgeUp (HDUP) will be much more than an NFT marketplace. The HDUP token unlocks the entire HedgeUp (HDUP) ecosystem. With it, holders will have access to the decentralized autonomous organization (DAO) where they can vote on the relevant issues of the blockchain.
HDUP holders will also have access to online learning opportunities, a metaverse, a wallet, and banking functions. With all this utility, it’s easy to see why crypto pundits expect HedgeUp (HDUP) to quickly break into the Top 100 cryptocurrencies.
The presale is going on now. It is in the third stage and HDUP can be bought for $0.020. That won’t last long, though. As soon as stage four gets here, that will go up to $0.036.