SPONSORED POST*
As the original memecoin, Dogecoin (DOGE) has gone on to become one of the most popular cryptocurrencies. And it is expected to perform well in the next bull run. But in recent times, we have seen investors rush to buy a different token, HedgeUp (HDUP).
Why is that?
Summary
The skepticism around Dogecoin (DOGE)
Most experts agree that the history of cryptocurrencies would be incomplete without mentioning Dogecoin (DOGE). The coin was launched in late 2013 based on the “Doge” meme, which was the most popular dog meme at the time.
Although it started as a fun and light-hearted project, it has gone on to become one of the most well-known cryptocurrencies today. It is so popular that it is, in fact, a favorite of Twitter and Tesla CEO, Elon Musk.
This popularity offered great rewards to investors in the crypto boom of 2021. During that period, Dogecoin’s value grew by over 7000% to reach an all-time high (ATH) of $0.731578, something that early investors certainly enjoyed.
Today, with the market looking set for a resurgence, some people are expecting Dogecoin (DOGE) to perform well again. But there isn’t as much hype around cryptocurrency as there was two years ago.
According to some crypto investors, this is down to one thing– utility. The crypto market is increasingly shifting in favor of projects that provide utility. Investors say that while Dogecoin (DOGE) does provide some of this– it can be used to purchase some Tesla and SpaceX merch, it’s still not enough to shake off the meme coin label.
This explains why despite there being some hype around Dogecoin (DOGE) for the coming bull run, investors are not quite sure that the token will perform as well. And in response, a good number of them are looking at decentralized finance (DeFi) to invest in HDUP.
HedgeUp (HDUP) pulling in investors
HedgeUp (HDUP) is one of the most attractive tokens to investors right now. Investors say that this is largely because HDUP is part of a project that’s building a real and promising platform. Therefore, the token’s value isn’t just based on mere speculation, it is backed by utility.
The HedgeUp (HDUP) project is an alternative assets investment platform built on blockchain technology. According to the team, they are building a marketplace that will allow people to invest in alternative assets like precious metals, jewelry, and artwork. Once completed, it will be the first platform of its kind in the cryptocurrency industry.
HedgeUp (HDUP) being a solid project is enough to bring HDUP to the attention of a good number of investors. But according to the team, there’s something else.
HedgeUp (HDUP) says it designed its token with investors and early adopters in mind. The token is meant to reward them by providing them with exclusive opportunities and benefits in the crypto and alternative assets markets. These include staking opportunities on liquidity pools, discounts, access to educational material, and more.
All these factors combined make HedgeUp (HDUP) an attractive investment opportunity. And to ensure that as many investors get in as soon as possible, the token’s presale is live. Investors can now scoop up HedgeUP (HDUP) for as little as $0.013 per token and many are rushing to take advantage of this opportunity.
For more information about HedgeUp (HDUP)
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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