The stories are common. The people who got in early to meme tokens like Shiba Inu (SHIB) and Dogecoin (DOGE) walked away with millions when they had the foresight to cash out at the top.
Those holding their bags to try and squeeze a few more dollars out of their position decided to hold for way too long, costing themselves a fortune.
There is a new opportunity to get into a project early. It's called HedgeUp (HDUP). At its core, it's an innovative NFT marketplace that's entirely different from anything seen in DeFi or TradFi.
But, the future is bright for this protocol and its DeFi token, HedgeUp (HDUP). The vision of the team behind HedgeUp (HDUP) could change the way the whole world views decentralized finance.
Here's the story of a young woman whose life changed forever after investing in meme tokens.
"I remember yelling at him. My boyfriend at the time. We were in college. The apartment was freezing. He spent half the day sitting at the computer looking at charts. Dogecoin (DOGE) and Shiba Inu (SHIB) were the hot coins at the time. He was already up pretty big. I was babysitting part-time to cover some living expenses while attending nursing school."
Anyone who was in college during the pandemic has a similar story or knows someone who does. But this is where it starts to get interesting.
"He convinced me to throw $1,500 into each token. I thought they were cute. I remember asking him what they do. Like what was their purpose? He laughed and replied that they didn't have a purpose. So I assumed that no crypto had a use case. When we broke up that fall, I sold my coins for more money than I thought I'd ever see in a lifetime. I pulled out enough to live comfortably. But I decided to take the rest and explore DeFi. I just wanted to see what it was about and if there was any real value"
At first, the lady tells stories of Time Wonderland and Olympus fork season. Then went on to play around in Tomb forks. But she struggled to find protocols with any real substance.
"Right when I was about to get into NFTs, I came across someone talking about an idea that no one had ever mentioned before. The idea eventually turned into what we know now as HedgeUp (HDUP). The majority of my profits went into the first round of the presale and I'm excited to see what happens with the project."
HedgeUp (HDUP) will start as an NFT platform, but they won't be hustling JPEGs. These NFTs come from purchases of fractional shares of real physical assets like gold and diamonds.
The NFTs are a receipt of that fractional ownership and can be traded in the marketplace.
HDUP is the DeFi token that will power the protocol. Several upcoming staking events are in the works, and users will find pools all over the biggest DEXs on the BNB chain.
Eventually, HedgeUp (HDUP) will boast its own banking and wallet system, a DAO, and provide DeFi educational services, making it an ecosystem inside of the BNB ecosystem. Currently in presale and already raising over $1.8 million, the story of the babysitter turned millionaire will not be the only one you hear.
So if you want meme token hype with amazing DeFi use cases, HedgeUp (HDUP) might be the play for you.
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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.