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The crypto market is doing better today than it has in a long time. This has encouraged the launch of presales looking to take advantage of the overall investor optimism to raise funds and support their projects.
Thus far, the most popular presales have been HedgeUp (HDUP), RenQ Finance (RENQ), and Big Eyes (BIG). Here's everything you need to know about them.
The HedgeUp (HDUP) presale
HedgeUp (HDUP) is the hottest presale right now. This is because of two things – its promised returns and the innovative project behind it.
The HedgeUp (HDUP) presale launched in April. Since then, it has successfully completed two stages after selling out all the allocated tokens and meeting its funding goals. It is now in the third phase, where it is selling for $0.020.
Considering that the presale's launch price was $0.009, the current price represents a 120% gain. The presale is scheduled to go on until the eighth stage with a final price of $0.0887. This is close to a 10x gain on the launch price. And for investors that buy right now, it will be a 443% return on investment (ROI).
Funds raised in the presale will go towards the development of HedgeUp's investment platform. This is a marketplace where people can invest in alternative assets by buying and selling asset-backed NFTs. Through these NFTs, users will be able to fractionally invest in products like gold, diamonds, artwork, and more.
The hype around HedgeUp (HDUP) comes from the fact that this platform is the first of its kind. This gives it a lot of potential for success in the market. Thus, experts have predicted that when HDUP does launch, the token will gain as much as 3,000% or even 10,000% in a matter of months.
RenQ Finance (RENQ) also made some noise with its presale, which came to a close a week ago after its eighth and final stage. The presale was to raise funds for RenQ Finance's decentralized finance (DeFi) project.
RenQ will be a hub that caters to as many traders' needs as possible, all in one place. The RenQ team says that its aim is to empower investors with a comprehensive solution that has the benefits of centralized exchanges.
RenQ Finance's solution will consist of a Multi Chain DEX, an all-in-one wallet application, an aggregator, and a lending protocol, all under the management of the RenQ DAO.
Big Eyes (BIG) differs a little from HedgeUp (HDUP) and Renq (RENQ). This is because the project is primarily a meme coin, although there are plans to inject some utility in the future.
The Big Eyes (BIG) coin is modeled after an adorable cat. It is currently being offered to investors via a presale, which has managed to raise more than $43 million across its 15 stages.
BIG is scheduled to launch on June 3rd. After it launches, the Big Eyes team has announced plans to build a platform for buying and selling NFTs. There will also be a crypto casino and an exclusive NFT collection based on the project.
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 on cryptocurrencies and stocks. Also note that the cryptocurrencies mentioned/listed on the website could potentially be risky, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. This article is provided for informational purposes and does not constitute investment advice. You are responsible for conducting your own research (DYOR) before making any investments. Read more about the financial risks involved here.
