HedgeUp (HDUP) is getting ready to sail off into the sunset. The fledgling project has been turning the heads of whales and other investors for weeks. At the same time, Avalanche (AVAX) and Shiba Inu (SHIB) have been posting unimpressive numbers.
All three tokens look to have a good year, but of the three of them, HedgeUp (HDUP) is stealing the show.
HedgeUp (HDUP)
HedgeUp (HDUP) is a novel DeFi project still in presale. The aim of the project is to bring alternative assets to people who would otherwise never be able to touch them. For as little as $1, holders will be able to get in on this deal.
How did the team behind HedgeUp (HDUP) pull this off?
Like all great ideas, it seems pretty obvious in retrospect. HedgeUp (HDUP) is using NFTs to help investors diversify their portfolios.
There is a world of investments out there that most people never even know about. It is the world of alternative assets. This can include anything outside of the normal investment channels of stocks and bonds.
Since most items in this category come with prohibitive price tags, everyday investors are priced out of dealing with them. They include things like luxury watches, boats, exotic spirits, and jewelry. Now, HedgeUp (HDUP) is going to make them available to everyone.
For as little of an investment as $1, holders of the HDUP token will be able to grab a piece of the pie. But, HedgeUp (HDUP) has much more utility than just that. It also opens the door to voting in the governance of the blockchain and participating in HedgeUp (HDUP)’s investing masterclass.
As the crypto project rolls out the rest of its ecosystem, even more utility will come along.
Avalanche (AVAX)
Avalanche (AVAX) is one of the many “Ethereum killers” in the blockchain space. It is fighting hard to topple the giant by offering dApps, smart contracts, and more but doing it better and faster. The project has been around since 2020 and has successfully weathered the crypto downturn.
However, the AVAX token has been steadily trending downward since late April. It peaked at $21.22 on April 19 but is now trading for $14.20. Having lost about a third of its value in just a few weeks, Avalanche needs to do something to turn the ship around or it will be headed for deep waters indeed.
Shiba Inu (SHIB)
Unlike the other two projects, Shiba Inu (SHIB) is a meme coin. It is following in the wake of Dogecoin and is currently embroiled in a war with DOGE as well as Pepe. Time will tell which meme coin will prevail.
Shiba Inu (SHIB) has a few things going for it in the form of utility, though. It has its own DEX, ShibaSwap, and an NFT marketplace. While Dogecoin also has some utility, Shiba Inu (SHIB)’s success seems to be less predicated on the tweets of a billionaire.
However, Pepe has surpassed everyone’s expectations and is taking the meme coin market by storm. If that trend continues, Shiba Inu (SHIB)’s fate may not be in its own hands.
For more information about HedgeUp (HDUP) Presale use the links down below:
- Website: https://hedgeup.io/
- Presale: https://app.hedgeup.io/sign-up
- Telegram: https://t.me/HedgeUpChat
- Twitter: https://twitter.com/HedgeUpOfficial
