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The cryptocurrency market has seen a significant level of volatility following the collapse of crypto-friendly banks in the past month. Bitcoin (BTC) reached highs of $30,000 and Dogecoin (DOGE) has gone up by 6.40% in the past 7 days. HedgeUp (HDUP), a new player is warming up to reward investors with impressive ROI.
Although the global banking crisis of last month was worrisome, the crypto market seems to be benefiting from it. Bitcoin (BTC), in particular, gained by more than 10% after the fall of Silvergate Capital and Silicon Valley Bank (SVB).
The failure of these banks prompted investors to shift their focus towards gold and cryptocurrencies, with Bitcoin (BTC) being the most favoured one. Also, market experts have confirmed that Bitcoin (BTC) will continue to rally as sentiments around the coin remain bullish. Some industry experts have advised governments of countries to consider having a Bitcoin (BTC) reserve.
According to a report by Techpoint, the market value of Bitcoin (BTC) has decreased by 2% in the past week and increased by 4.5% on the monthly chart. Bitcoin (BTC) is currently trading at $29,348.27.
Dogecoin (DOGE) is a popular meme coin originally created as a fun cryptocurrency that will appeal beyond the core Bitcoin (BTC) audience. Dogecoin (DOGE) is primarily used as a tipping system on Reddit and Twitter where users tip each other for creating or sharing good content.
Interestingly, Dogecoin (DOGE) has gathered mainstream attention. Also, Dogecoin (DOGE) has become a meme that is used by the likes of Tesla billionaire, Elon Musk. And Dogecoin (DOGE) has led to the launch of more meme coins into the market.
However, the developers of Dogecoin (DOGE) haven't made any major changes to the coin since 2015 and Dogecoin followers doubt that DOGE would ever reach $1. This means that Dogecoin (DOGE) could get left behind and is why investors are seeking new projects with practical use cases like HedeUp (HDUP).
HedgeUp (HDUP) is a newly launched NFT investment platform that enables users to purchase alternative investment assets globally. The goal of HedgeUp (HDUP) is to give everyday people a chance to invest in premium alternative products such as gold, wine, fine art, diamonds, luxury jewellery, and aviation via NFTs.
On HedgeUp (HDUP), people will be able to purchase an NFT that represents a certain amount of a real-world asset. They can then choose to keep the NFT or sell it for a profit on the HedgeUp (HDUP) marketplace. Also, users could purchase either a fraction or 100% of an NFT and have the assets delivered to their choice locations at no cost.
To achieve its aim, HedgeUp (HDUP) will partner with many businesses to identify the products that have the best potential for long-term growth. Also, acquired products will be stored in insured and licensed-bonded warehouses.
$HDUP is the native token of the HedgeUp platform and it is designed to help keep the system running. Token holders will be able to purchase NFTs from the HedgeUp (HDUP) platform as well as stake their holdings for rewards. Don't sleep on this huge opportunity, visit the HedgeUp (HDUP) website to learn more.
Presale Sign Up: https://app.hedgeup.io/sign-up
Official Website: https://hedgeup.io
Community Links: https://linktr.ee/hedgeupofficia
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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 scams, 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.
