HedgeUp (HDUP), a Web3 alternative investment trading platform, has opened its door to the public through a presale of its token, HDUP. This has drawn investors from all over the world, including whales from projects like Dogecoin (DOGE) and Avalanche (AVAX).
HedgeUP opens doors to the public
HedgeUp (HDUP) is a Web3 project that’s designed to allow everyday people to invest in alternative assets like luxury watches, valuable jewelry, precious metals, and exquisite drinks.
According to the team, their aim is to invigorate investors’ portfolios and bridge the gap between crypto investors and alternative asset classes.
HedgeUp (HDUP) achieves this through NFTs. The project will partner with several startups to tokenize watches, wines, jewelry, and other alternative assets into NFTs that people can buy and sell on their trading platform.
Using NFTs makes the market more accessible by allowing users to fractionally invest in the assets. This is because investors don’t have to put in the full amount to buy into an asset.
Take a $10,000 watch. If you don’t have that kind of money, you can buy a $500 NFT that lets you own a fraction of the watch. The team says that investors will be able to start with as little as $1.
The DeFi project plans to have an entire ecosystem around this platform. This will include a decentralized autonomous organization (DAO), called HedgeDAO, an online education platform, an application for all investment needs, and a metaverse known as the HedgeVerse.
HedgeUp (HDUP) has opened participation in its project through the presale of its token, HDUP. Investors can now buy HDUP for as little as $0.013. This price is set to increase in the latter stages of the presale.
Dogecoin (DOGE) and Avalanche (AVAX) investors rush to accumulate HDUP
Experts consider HedgeUp (HDUP) to be a promising project and have predicted that the HDUP token will be among the top performers in 2023. Some estimates say that HDUP will 30x in the next bull run.
This has put it on the radar of all kinds of investors. HedgeUp’s (HDUP) presale is now attracting whales who look to accumulate the token before its price goes up.
Of course, this comes at the expense of other projects. Dogecoin (DOGE) and Avalanche (AVAX) are two projects whose investors are rushing to accumulate HedgeUp (HDUP).
Avalanche (AVAX) has had an underwhelming week. The token has lost 8.9% of its value in the past seven days.
Dogecoin (DOGE) has performed a little better but is still underwhelming. DOGE currently trades at $0.08283, which is a 8.9% drop from last week’s price of $0.09083.
These tokens may still perform well in the next bull run. However, given that HedgeUp (HDUP) is a fresh and innovative project, HedgeUp (HDUP) is likely to perform much better. This may be why it’s attracting investors at such a high rate.
In the ongoing presale, the token is available to buy at $0.013, with the price increasing up to $0.02 in the next stage of the presale.
Find out more about the HedgeUp presale here:
- Website: https://hedgeup.io/
- Telegram: https://t.me/HedgeUpChat
- Twitter: https://twitter.com/HedgeUpOfficial
