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Breaking News: Banks Can Soon Issue Stablecoins: FDIC Begins Rulemaking Under GENIUS Act
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Breaking News: Banks Can Soon Issue Stablecoins: FDIC Begins Rulemaking Under GENIUS Act

Utimeme Takeover: Can HUH Token (HUH) outrun ApeCoin (APE) and Dogecoin (DOGE)?

Bitcoinist
by Bitcoinist
Last Updated: April 29, 2022 7:15 am
·
Posted in Press releases
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Many crypto investors have made a fortune from their investments in meme coins. The growth of open-source decentralised meme cryptocurrencies has exceeded milestones and surpassed many of the most long-standing utility coins.

HUH Token (HUH) advances the notion of meme coins by providing explicit utility from the start; hence, it is properly referred to as a “Utimeme”. Regardless of whether it is too late to profit from familiar meme tokens, an investment in the new meme coin might just make you the next-generation crypto millionaire.

HUH Token (HUH)

HUH Token (HUH) is the first “Utimeme” coin, combining the power of a meme currency with the usefulness and simplicity of use of a utility token. Its dynamic ecosystem will provide a variety of growth opportunities and power the MetHUH social network.

The HUH token will be supported by many blockchains, including Binance Smart Chain (BNB), Ethereum (ETH), and Polygon (MATIC). Additional blockchain platforms will be implemented in the future. There will be no costs for utilising the bridge; you will only be charged for an actual transaction.

Periodic burn events will be organised to guarantee that the supply decreases over time, resulting in deflation. The HUH Token‘s price will rise as a result of this.

Holders of HUH tokens will have several possibilities to earn extra income. HUH Token’s multi-level referral system will allow users to refer their friends and get rewarded for it. Once the referred person buys HUH Token, you will receive 10% of their first purchase.

Additionally, The HUH ecosystem includes a built-in reflection scheme in which a portion of transaction costs are redistributed to all HUH holders. This implies you may earn an additional income without doing anything; merely having HUH tokens in your crypto wallet qualifies you for these rewards.

ApeCoin (APE)

ApeCoin (APE) has just become the biggest metaverse token by market capitalisation, overtaking its rivals Decentraland (MANA), The Sandbox (SAND) and Axie Infinity (AXS).

ApeCoin is a decentralised cryptocurrency initiative developed by Bored Ape Yacht Club and supported by APE Ecosystem. APE is used to enable and stimulate the development of Web 3.0 as an ERC-20 governance and utility coin. Its holders self-regulate utilising the ApeCoin DAO‘s decentralised governance architecture and vote on how the ApeCoin DAO Ecosystem Fund is managed.

Launched just over a month ago, ApeCoin has been upsurging in the crypto market and has just achieved its all-time high today, selling for $20.4. It is likely to continue rising, attracting a lot of interest in the industry.

Dogecoin (DOGE)

Dogecoin (DOGE), based on the popular Internet meme, is an open-source peer-to-peer (P2P) digital currency. Created as an alternative to traditional cryptocurrencies, Dogecoin has made enormous amounts of money for many investors.

DOGE, originally created as a joke, has once topped the altcoin crypto market. Dogecoin’s popularity has grown as a result of humorous endorsements from well-known personalities, with Elon Musk at the forefront.

Dogecoin’s value, like any other currency, is defined by its widespread usage as a method of exchange. While many small companies accept Dogecoin as payment, the altcoin may see more rallies, but without value, it may not bring the same returns to investors again.

For more information:
HUH Token
Swap:
https://swap.huh.social/
Website: https://www.huh.social/
Telegram: https://t.me/HuHToken
Twitter: https://twitter.com/HuhToken
Instagram: https://www.instagram.com/huhtoken/

 

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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