
The shallow end of the memecoin pool is often the place where everyday investors make huge amounts of money. If Bitcoin (BTC) or Ethereum (ETH) have extravagant gains, they might 3x or 4x. On the other hand, if an altcoin worth less than $3 takes off, it could 100x or 1,000x.
There's no shortage of memecoins out there, but only a few have all the right ingredients to pull off something like that. Shiba Inu (SHIB), HedgeUp (HDUP), and Pepe (PEPE) are three coins that could do it.
Like Dogecoin (DOGE), the Shiba Inu (SHIB) memecoin came out of the Shiba Inu dog meme. It positioned itself to be a competitor of DOGE and is one of many dog-themed cryptocurrencies.
While memecoins are generally thought of as having little to no utility, Shiba Inu (SHIB) bucks that trend. The Shiba Inu (SHIB) project has a decentralized exchange (DEX) and an NFT marketplace, ShibaSwap.
Shiba Inu (SHIB) also has the most important thing for a memecoin: community. There have been loyal followers of Shiba Inu (SHIB) since its launch, and that doesn't show any signs of stopping.
The Pepe (PEPE) memecoin, among other things, points to the fact that there is a memecoin subculture building within the broader crypto culture. Pepe (PEPE) is based on the popular, but controversial, meme of Pepe the Frog. And, if there's one thing crypto enthusiasts love, it's controversy.
However, Pepe (PEPE) also brings some exciting tokenomics to the table as well. Pepe (PEPE) employs a mint-and-burn mechanic to keep the token scarce. And, it is specifically designed to reward staking. Like Shiba Inu, a durable community has rallied around the Pepe (PEPE) token.
Unlike the previous two coins, HedgeUp (HDUP) is not a memecoin. It's a decentralized finance (DeFi) project with the purpose of bringing alternative investments to a wider audience. The alternative asset class covers a wide variety of things. HedgeUp (HDUP), however, is focusing on luxury items that most people don't ever have the opportunity to invest in.
HedgeUp (HDUP) will purchase assets such as diamonds, exotic spirits, and Rolex watches. They will then create asset-backed NFTs that represent fractional shares of those items. Then, holders of the HedgeUp (HDUP) token will be able to purchase the NFTs from HedgeUp (HDUP)'s marketplace. To ensure that the NFTs maintain (or increase) their value, the assets will be insured and stored in a secure vault.
The NFT marketplace is just the beginning, though. HedgeUp will create a complete ecosystem around the HDUP token. This ecosystem will have a decentralized autonomous organization (DAO), educational materials for investors, a metaverse, and more.
The HedgeUp (HDUP) is currently in the third stage of its presale. It is going for $0.020 but, in stage four that will increase to $0.36. With each stage after that, the price will continue to climb. So, the most profits will be taken by those who get in early.
While memecoins may be developing their own subculture, very few of them will break into the Top 100 cryptocurrencies or go to the moon. If any do, Pepe (PEPE) and Shiba Inu (SHIB) are two that have the best chance of changing your life forever. Another project that could moon and help you diversify your portfolio along the way is HedgeUp (HDUP).
Website: https://hedgeup.io/
Presale: https://app.hedgeup.io/sign-up
Telegram: https://t.me/HedgeUpChat
Twitter: https://twitter.com/HedgeUpOfficial
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.