As crypto continues to gain traction and additional tokens are launched to the coin market, several new platforms have caught the attention of significant crypto investors.
HedgeUp (HDUP) is a crypto NFT Alternative Investment Marketplace that has carefully integrated the marketing strategies of all the preceding tokens. Crypto enthusiasts are describing it as “one of the biggest things” to happen to the crypto space in recent memories.
Several experts have highlighted this project’s uniqueness, making it the most loved new token in the crypto market.
This article will explain how HedgeUp (HDUP) might deliver huge rewards by the end of 2023 as most heavyweights like Stellar (XLM) fade into obscurity.
Stellar (XLM)
Stellar is a blockchain-based distributed ledger that is designed to connect people and financial institutions worldwide. The goal of Stellar is to increase financial inclusion by creating cheap, accessible, and easy-to-use global payment systems.
The currency of the network is called Stellar lumens, or just lumens. The symbol for Stellar lumens is $XLM.
It’s been a tough year for Stellar (XLM). The cryptocurrency started the year off strong. However, it has gone downhill since, losing 71% of its value over the past year.
There are several factors at play in the decline of the token. One of the key reasons is the declining use of Stellar’s native currency, $XLM.
Lumens (XLM) is used to power Stellar’s decentralized exchange and to pay transaction fees on the network. However, usage of $XLM has been declining since early 2018.
This is likely because most users are holding on to their Stellar tokens (XLM) in hopes that the price will rebound. With the usage of Stellar declining, there is less demand for $XLM, which has put downward pressure on the price.
Another factor that has weighed on Stellar’s (XLM) price is the lack of significant partnerships or development milestones over the past year. The token is looking more likely to fade into obscurity.
HedgeUp (HDUP)
HedgeUp is a blockchain-based crypto NFT Alternative Investment Marketplace that allows users to own a fraction of high-end alternative assets worldwide for as little as $1.
The platform achieves this by minting NFTs backed by tangible physical assets and offering fractions of the non-fungible tokens on sale to $HDUP users. Users can trade their NFT fractions 24/7 on the HedgeUp NFT marketplace.
HedgeUp aims to connect customers with investment opportunities in alternative products such as gold, diamonds, fine art, luxury watches, wine, yachts, and private jets, opportunities that are usually reserved only for high-net-worth investors.
HedgeUp has a long-term vision to evolve into an ecosystem consisting of an NFT marketplace, launchpad, wallet & banking DAO, online master class, investment basket, and the metaverse.
Users who hold the $HDUP tokens can also make a passive income by staking and locking their $HDUP tokens in the treasury via staking events.
The staked tokens will contribute to the liquidity pool and create a strong market and better trading opportunities for the entire community.
With the platform’s plan to list the token on centralized exchanges, the $HDUP token’s price is set to rise further in the coming months.
HedgeUp is currently in its presale stage, where early investors can get the token at a minimal price of $0.009. However, investors’ growing demand and interest are likely to push the price up in the coming days. Early investors could see huge returns on their investments.
This makes HedgeUp an attractive investment opportunity for those looking to make lots of profits in the crypto market.
For more information on HedgeUP click the links below:
Presale Sign Up: https://app.hedgeup.io/sign-up
Official Website: https://hedgeup.io
Community Links: https://linktr.ee/hedgeupofficial