Numerous adherents and traders are consistently on the lookout for new projects that showcase a heightened level of growth.
One of the latest projects to gain a high level of appeal is HedgeUp (HDUP), which makes a lot of noise in the Web3 space as it enables anyone access to alternative assets, from gold, whiskey, wine, diamonds, and others.
The project passed Stage 1 of its presale with flying colors and is currently undergoing Stage 2 with strong momentum. We will compare it to more established projects, including Uniswap (UNI) and Aave (AAVE), to see what separates it from those projects.
HedgeUp (HDUP)
HedgeUp (HDUP) is a first-mover across the Web3 space and aims to disrupt how people gain access to alternative asset markets.
Specifically, it provides its user base with access to multiple asset classes by fractionalizing the assets after minting them as a non-fungible token (NFT). The original assets are stored in licensed and insured vaults, including liquor, gold, diamonds, luxury watches, fine art, and much more.
Through its alternative trading platform, anyone can make fractionalized acquisitions starting from $1, which means that people no longer have to put down large amounts of capital to access these asset classes.
Additional features behind HedgeUp (HDUP) include a dedicated platform for trading NFTs alongside an online master class, dedicated functionality for wallet and banking use-cases, an investment basket, and the HedgeUp (HDUP) DAO (Decentralized Autonomous Organization), and even the HedgeVerse.
The HedgeUp (HDUP) cryptocurrency is offered at an eight-part presale. The presale will conclude when all stages are complete or on June 24, 2023.
Regarding token availability, 26% of the supply is available for presale. The total supply of HDUP is capped at 620,000,000 tokens.
As for its security, Solidity Finance audited the smart contract, and the founders and team tokens are locked for a period of 18 months.
Throughout the Stage 2 presale, the HedgeUp (HDUP) token trades at $0.013. Holders and traders can sign up for the presale and get the token before it increases in value in each subsequent Stage. Analysts even predict that it can rocket to a value of $2 by the end of 2023, indicating a high level of appeal for this ecosystem and token.
Uniswap (UNI)
Uniswap (UNI) pushed their mobile application and wallet hard throughout March. Their latest update noted that users could get real-time push notifications on their iPhones, even if transactions occur on another device. They also showcased the ability to hide NFTs from the wallet, part of a user’s collection.
Despite this announcement and overall push, the UNI token’s value did not grow tremendously.
On April 20, 2023, the value of the Uniswap (UNI) cryptocurrency was $5.90. Its all-time high occurred on May 3, 2021, at $44.97. Regarding its historical performance, while in the last seven days, UNI did decrease by 3.26%, in the last 30 days, it decreased by 7.21%. This means that Uniswap (UNI) still has a long way to go to recover its value.
Aave (AAVE)
On March 31, 2023, Aave (AAVE) announced that a migration tool became available for Ethereum Polygon and Avalanche V3 markets.
The team also showcased how anyone could migrate by going to the V2 dashboard on the application. However, despite this migration process, AAVE as a cryptocurrency did not experience significant shifts in value.
Then on April 20, 2023, Aave (AAVE) as a cryptocurrency was trading at $74.73. AAVE’s recorded highest value point occurred on May 18, 2021, at $666.86.
However, in the last 24 hours, AAVE only decreased by 0.87%. This is not a high enough growth level to compensate for its decrease in the last 30 days of 4.19%. Based on this, it is clear why crypto adherents and traders are eyeing altcoins such as HedgeUp (HDUP).
Find out more about the HedgeUp presale here:
- Website: https://hedgeup.io/
- Presale: https://app.hedgeup.io/sign-up
- Telegram: https://t.me/HedgeUpChat
- Twitter: https://twitter.com/HedgeUpOfficial
Disclaimer: This is a sponsored article, and views in it do not represent those of, nor should they be attributed to, ZyCrypto. Readers should conduct independent research before taking any actions related to the company, product, or crypto projects mentioned in this piece; nor can this article be regarded as investment advice.
