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With the rising popularity of blockchain technology and cryptocurrency investments, more investors and traders are jumping into this investment class.
With over 23,100 cryptocurrencies to pick from, however, it can be difficult for many investors to know what to look for.
One of the latest projects that are making waves with its Stage 2 presale is HedgeUp (HDUP), and to see why it’s selling so fast today, we will compare it to The Snadbox (SAND) and Shiba Inu (SHIB) to see how it compares.
Summary
The Sandbox (SAND)
On April 1, 2023, The Sandbox (SAND) made an update on their Twitter page where through Immunefi, they established a new bounty program of up to $200,000 in the SAND token to secure the Metaverse.
As of April 20, 2023, The Sandbox (SAND) token traded at $0.6429. In the last 24 hours, it decreased just 0.17%; however, in the last 30 days, its downward trend was 4.04%.
With this in mind, The Sandbox (SAND) can reach a value under $0.6 to $0.5 if it keeps up with this momentum, leaving investors worried and eyeing different projects.
Shiba Inu (SHIB)
On March 24, 2023, the Shiba Inu (SHIB) Twitter page posted an update surrounding Shibarium. Specifically, the Shibarium Testnet went online again, and users gained the ability to access the documentation to learn how to set up their equipment and get a higher level of understanding as to how all of it worked.
When we go over the value of the Shiba Inu (SHIB) cryptocurrency, on April 20, 2023, it was trading at $0.00001097.
In the last 24 hours, Shiba Inu (SHIB) saw a decrease in value by 0.27%. In the previous 30 days, the token has decreased by 0.64%. This means that Shiba Inu (SHIB) needs to keep up with its momentum to maintain its value and potentially grow further, or it risks dipping under $0.00001.
HedgeUp (HDUP)
HedgeUp (HDUP) has gathered a lot of attention as one of the most innovative projects to be introduced within the Web3 space. It is appealing to many investors as it enables them access to non-fungible tokens (NFTs) through asset tokenization and a dedicated marketplace.
Anyone can invest in alternative assets on a global scale, where they can begin investing in gold, wine, fine art, diamonds, luxury watches, and lifestyle products, asset classes that were traditionally only available to high-net-worth individuals.
HedgeUp (HDUP) users can access these diverse markets and hedge their portfolio starting at just $1. There will also be a dedicated Learn-to-Earn program, wallet and banking systems, and a Decentralized Autonomous Organization (DAO) that will oversee the investment baskets, liquidity allocations, and the direction of ongoing developments.
HDUP is the native token behind the ecosystem and empowers all of its various functionalities. It enables users access to stake rewards and any future updates that will be implemented.
The project will have eight stages in its presale phase and is currently at Stage 2, where HedgeUp (HDUP) is offered at $0.013. The total supply will be capped at 620,000,000; only 26% is available at the presale.
The launch date for the token will be on June 24, 2023, or when all eight stages are complete. Regarding its security, the smart contract behind HedgeUp (HDUP) was audited by Solidity Finance.
Investors and traders will want to get into the early stages of HedgeUp (HDUP) before it spikes in value, as analysts predict it can climb to $1.9 by the end of 2023.
Find out more about the HedgeUp presale here:
Website: https://hedgeup.io/
Presale: https://app.hedgeup.io/sign-up
Telegram: https://t.me/HedgeUpChat
Twitter: https://twitter.com/HedgeUpOfficial
*This article was paid for Cryptonomist did not write the article or test the platform.
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