The presale is almost over. With plans to launch later this summer, HedgeUp (HDUP) has raised more than $3 million so far. As of the time of this writing, it’s only $1 million away from its official launch goal.

Where is the money coming from? If you’ve noticed your Fantom (FTM) and Shiba Inu (SHIB) bags shrinking over the last week, some of that money is flowing to HedgeUp (HDUP).

The markets have tanked, and tanked hard, since the SEC announced their lawsuits against Coinbase and Binance. Robinhood delisted some tokens in response, and Crypto.com shut down part of its US enterprise. Yet HedgeUp (HDUP) continues to persevere.

Fantom (FTM): where drama goes to thrive

Fantom (FTM) utilizes a directed acyclic graph (DAG) technology to achieve a layer of scalability while providing high security. It’s a fast, secure, and affordable blockchain network that provides smart contract scalability, making it an efficient and reliable solution for various projects and businesses.

One of the main benefits of FTM is that it has a smart contract function to execute decentralized applications directly on its network, which eliminates the need for intermediaries.

TLDR: The Fantom Opera (FTM) network. It’s fast. It’s secure. It’s cheap. It’s everything we wanted in a grassroots DeFi EVM-compatible chain. Or at least it was.

Throw in some Tomb. Some Spartacus. And plenty of drama from the very people who are running the show. And you get an implosion that many investors weren’t expecting. The degens went from screaming, “Wen $10?” to “Wen bottom?”.

The chain deserves better than it has gotten. But in DeFi, you’re only as good as your last project, and it’s pretty clear many investors have had enough. The recent bad news coming from Multichain could be the final nail in this once-promising coffin.

Shiba Inu (SHIB): they tried

Poor Shiba Inu (SHIB). They tried so hard. But alas, they came up short.

There were times when it looked like things were going to get better. But in crypto, when the going get’s tough, the tough dump their meme coin bags.

What was once coined the “Dogecoin killer,” Shiba Inu (SHIB) did its best to teach an old dog new tricks. The devs came up with their own ecosystem, essentially doing what everyone else was doing in DeFi at the time, but based it all around their meme token.

It worked for a while. But every time DeFi thought crypto was ready to pull out of the most recent bear cycle, something (usually SEC related) happened to give new lows. Unfortunately for Shiba Inu (SHIB) and its community, they were hit harder than most.

HedgeUp (HDUP): ready for action

With all of this sad and disappointing news, there is a lone, shining star in the night sky. And that’s HedgeUp (HDUP). This team is the real deal, and they have the plan to use crypto, skirt the ridiculous regulatory concerns with NFTs, and provide a multifaceted service to all of DeFi.

The plan is to build an entire ecosystem around its NFT marketplace and immediately migrate it to BNB.

Users can purchase real-world luxury items, like fine art, using HDUP tokens, BNB, or stablecoins. The physical items are held in a vault, fully insured, and the investors are awarded an NFT as a receipt token, verifying their ownership.

As revolutionary as this is, it’s just the tip of the iceberg for this team and its long-term vision. Get in on the presale now, while there’s still time.

For more information about HedgeUp (HDUP) presale use the links down below:

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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Filed under: Bitcoin - @ June 13, 2023 6:33 pm