Investors are loving their meme coins right now. The regulars you know – Dogecoin and Shiba Inu – are holding their spots in the Top 20, and newcomer Pepe had an explosive first month. On top of that, the Big Eyes project raised more than $40 million during its presale.
However, there are some DeFi projects out there that are sowing seeds of doubt among the fanatical meme coin holders. One of those is HedgeUp (HDUP), a new project that is uncontested in the realm of alternative assets.
What are meme coin investors seeing that has them jumping ship for the DeFi project?
Meme coins
Meme coins have been around since cryptocurrencies took off. The Litecoin fork, Dogecoin (DOGE), started as a light-hearted blockchain to ease the mood around crypto. The price of DOGE skyrocketed when Elon Musk began tweeting about it, which led to a kennel full of dog-themed meme coins.
The most successful knockoff of Dogecoin has been Siba Inu (SHIB). Not reliant on a billionaire’s tweets, Shiba Inu has established itself as a viable cryptocurrency. Like all meme coins, it relies primarily on its community and the hype surrounding it, but Shiba Inu also has some utility.
SHIB can be used to tip content creators in various places around the internet. It is also used on Shiba Inu’s decentralized exchange, ShibaSwap, and its NFT marketplace.
As the fourteenth biggest cryptocurrency by market cap, Shiba Inu is in a good place. That’s why it’s so remarkable that an upstart DeFi project has SHIB holders trading their meme coins for HDUP.
HedgeUp (HDUP)
The DeFi project, HedgeUp (HDUP) is on track to be a one-stop shop for investors who want to diversify into alternative assets. Because they exist outside the bounds of traditional financial markets, most people never get any exposure to them in or out of crypto.
HedgeUp (HDUP) is about to change that.
Initially, HedgeUp (HDUP) will be an NFT marketplace. That sounds pretty plain, but what’s happening behind the scenes is spectacular. The NFTs will be backed by real-world assets in HedgeUp’s (HDUP) vaults.
Now, everyday investors will be able to get in on a side of investing that would have never been available to them otherwise. Mary, who lives down the street, will be able to buy a fractional share of a painting, and, as that piece of art goes up in value, so will Mary’s NFT.
The assets themselves are insured and safely stored, so Mary doesn’t have to worry about someone throwing paint on her investment. And, she will have access to a hub of other services that are part of the HedgeUp (HDUP) ecosystem.
Mary will be able to vote on the direction HedgeUp (HDUP) develops. She will also have access to an exclusive metaverse and investment masterclasses to make her a more savvy investor.
All of this is because Mary got in on the HedgeUp (HDUP) presale, which is currently in stage three of eight. HDUP is selling for $0.020 now, but when stage four arrives that will go up to $0.036. It’s a good thing for Mary she got in when she did.
Click the links below for more information about HedgeUp (HDUP) presale:
- Website: https://hedgeup.io/
- Presale: https://app.hedgeup.io/sign-up
- Telegram: https://t.me/HedgeUpChat
- Twitter: https://twitter.com/HedgeUpOfficial
