HedgeUp (HDUP)’s presale continues to gain momentum thanks to the project’s high potential for success. The opposite is happening to Chainlink (LINK) and Avalanche (AVAX). The two promising projects seem to have lost some momentum as we head toward another bull market.
HedgeUp (HDUP) presale hype rises
HedgeUp (HDUP) presale has been pulling in more than its fair share of investors. The exciting project is in its second presale stage and has managed to sell 77 million tokens while raising more than $900,000 tokens. Only 15.5 million tokens remain as the project approaches its funding goal of $1,110,914.
HedgeUp (HDUP)’s presale hype is down to the underlying innovative project and the potential for high returns in the next bull run. A crypto analyst expects HedgeUp (HDUP) to perform exceptionally well in 2023, so much so that he has predicted the token will 30x, providing investors with a 3000% return on investment (ROI).
This, of course, has the effect of making the token alluring to investors. And considering that they can buy it at a discounted price thanks to the ongoing presale, many people are trying to accumulate HedgeUp (HDUP).
At the same time, the HedgeUp (HDUP) project is one of a kind. There has been nothing like it before in Web3 or anywhere else, for that matter.
The HedgeUp (HDUP) team is building an alternative assets investment platform. What makes it unique is its use of non-fungible tokens (NFTs) to enable the buying and selling of alternative assets.
HedgeUp (HDUP) is tokenizing luxury watches, valuable jewelry, exquisite drinks, and precious metals into NFTs. These NFTs are then made available for trading on the investment platform. The products they represent are insured and kept in a security vault managed by the project’s team.
Thanks to the NFTs, people can easily become investors in alternative assets. If paying the full amount is a problem, the platform allows you to buy a slice of an asset for a fraction of the price. You can then trade this NFT or keep it as a store of value.
Thanks to the presale, HedgeUp (HDUP) currently goes for $0.013. This presents a great opportunity to accumulate the token at a cheap price as its value is bound to increase as the presale goes on.
Chainlink (LINK) and Avalanche (AVAX) slow down
As HedgeUp (HDUP) continues to rise, Chainlink (LINK) and Avalanche (AVAX) have seemingly slowed down.
Avalanche (AVAX) is a blockchain protocol designed with scalability, speed, and security in mind. The project is widely considered a promising Ethereum alternative due to its high throughput and compatibility with existing Ethereum dApps.
Avalanche’s token, AVAX, is currently trading at $17.46. This represents a 2.7% reduction in what has been a relatively slow week.
On the other hand, Chainlink (LINK) is a decentralized oracle network that’s used to connect smart contracts to external sources of information. It is a crucial part of the dApp ecosystem and will become more crucial as decentralized finance (DeFi) grows.
But recently, Chainlink (LINK) has lost some momentum. Of course, given the roles of Chainlink (LINK) and Avalanche (AVAX) in the blockchain ecosystem, the tokens may well recover in the coming bull run.
Website: https://hedgeup.io/
Presale: https://app.hedgeup.io/sign-up
Telegram: https://t.me/HedgeUpChat
Twitter: https://twitter.com/HedgeUpOfficial
