HedgeUp’s (HDUP) presale is emerging out to be one of the biggest success stories of the crypto market. HedgeUp (HDUP) has entered the crypto world with a massive growth prospect, and a first-mover advantage. Hence, investors are rallying behind HedgeUp (HDUP). Meanwhile, Elrond (EGLD) and Enjin Coin (ENJ) have tried to fight bears with new product launches.
Elrond (EGLD) Lines Up Major Products’ Launch
After suffering a major downfall in 2022, Elrond (EGLD) has planned several new developments for 2023. Elrond (EGLD) has rebranded itself as MultiverseX, and its upcoming activities are a push toward creating a metaverse. Elrond (EGLD) has lined up several new products over the next few months. Notable among Elrond’s (EGLD) new projects are xMoney, MultiverseX Wallet, xSpotlight, MultiverseX Bridges, and xWorlds. The trading price of Elrond (EGLD) has increased by 4.21% in the past seven days. At present, Elrond (EGLD) is trading at $43.03, about 92% down from it’s all-time high of $542.58.
Enjin Coin (ENJ) Sees Increase In Trade Volume
As the overall crypto market has started rebounding, Enjin Coin (ENJ) has also witnessed a rise in the trade volume on its network. According to experts, renewed optimism around blockchain-based games has helped Enjin Coin (ENJ) grow. The market capitalization of Enjin Coin (ENJ) has increased to $459 million. However, experts have predicted that new updates by its major rivals, like Axie Infinity, can put Enjin Coin (ENJ) in a tricky situation. By market capitalization, Enjin Coin (ENJ) is back in the top 100 cryptocurrencies list, as it is currently ranked 97th. Meanwhile, the price of Enjin Coin (ENJ) has risen by 5.72% in the past seven days. Enjin Coin (ENJ) is currently changing hands at $0.4587, which is 90% below its peak price of $4.85.
HedgeUp (HDUP) Triggers Bullish Sentiments In The Market
HedgeUp (HDUP) is a first-of-its-kind blockchain platform that has disrupted the alternative asset market. HedgeUp (HDUP) has brought alternative asset trading to Web3 to make it more accessible and inclusive. HedgeUp (HDUP) tokens are Ethereum-powered, and the platform mints non-fungible tokens (NFTs) against luxurious alternative assets, like watches, private jets, high-quality liquor, wine, and several other things. After minting fractional NFTs, HedgeUp (HDUP) stores these high-end tangible assets in a licensed and insured vault.
HedgeUp (HDUP) has partnered with top-notch startups and vendors to facilitate the entry of alternative asset investors into the crypto arena. Negotiations for the market value of luxurious and antique assets will be done by experts and analysts of HedgeUp (HDUP). Unlike traditional institutions dealing with the alternative asset market, HedgeUp (HDUP) is a decentralized platform run by smart contracts.
By fractionalizing NFTs, HedgeUp (HDUP) enables an investor to own a share of the asset without purchasing it entirely. According to data, the alternative asset market is expected to increase to $17.2 trillion by 2025. It implies that HedgeUp (HDUP) is bound to grow significantly in the coming years. HedgeUp’s (HDUP) USP is that people from all financial backgrounds, and any location across the world, can make investments on this platform.
Currently, you can book presale HDUP tokens at $0.0135, and receive up to a 20% deposit bonus on your purchase. HedgeUp’s (HDUP) presale was launched at $0.009. According to analysts, HedgeUp (HDUP) can grow manifold after getting listed on the crypto exchanges. Therefore, whales have been accumulating HedgeUp (HDUP) tokens aggressively.
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