Nowadays, every company and crypto project wants to be a disruptor. It’s the buzzword of 2023. In all fairness, the idea stems from blockchain technology and the disruption it has caused to so many industries. So, if anything is going to truly disrupt the status quo it should be a blockchain.
Well, the good news is that HedgeUp (HDUP) is coming to take that mantle. The team behind HedgeUp (HDUP) has its sights set on bringing alternative assets to a wider audience. And, while cryptocurrencies themselves are alternative assets, HedgeUp (HDUP) is gunning for bigger fishes like Rolex watches, artwork, and jewelry.
Where does that leave Dogecoin (DOGE)?
Dogecoin (DOGE) started out as a Litecoin (LTC) fork ten years ago. Everyone was grim and serious about cryptocurrency, so the founders of Dogecoin (DOGE) wanted to lighten things up. There were no plans to do anything, Dogecoin (DOGE) just existed for its own sake. Nobody thought about utility back then.
Fast forward to 2021. Elon Musk put Dogecoin (DOGE) on the map with a single tweet. Since then, Dogecoin (DOGE) has done a pretty good job of following the market. Currently, it has a price of $0.07893 and a market cap of just under $11 billion. It might do well in 2023, but the advent of HedgeUp (HDUP) could disrupt things.
The HedgeUp (HDUP) plan
HedgeUp (HDUP) will make luxury assets available to everyone through non-fungible tokens (NFTs). Every NFT will be backed by a real-world asset that has been acquired, insured, and securely stored by the HedgeUp (HDUP) team.
What’s more, you don’t need huge sums of money to play this game. Investors can get involved in this with as little as $1. This is possible through the creation of NFTs that represent fractional shares of an asset.
Don’t have enough for that $100,000 painting? No problem. You can just buy a slice of it, and when its valuation goes up, so will the value of your NFT. And that’s just the tip of the iceberg.
Ultimately, HedgeUp (HDUP) will have an entire ecosystem of products. Of course, there will be an NFT marketplace. There will also be Learn 2 Earn, an online masterclass to teach investing, a decentralized autonomous organization (DAO), and a metaverse.
At the center of all of these features is the HedgeUp (HDUP) token. Not only does it have its own investment potential, but it also powers the whole ecosystem. HDUP is the currency of the NFT marketplace and the governance token of the DAO. It’s also what grants access to the metaverse and masterclass.
So, will it?
There are only so many ways the cryptocurrency pie can be cut. It’s a zero-sum game and with HedgeUp (HDUP) looking to take its fair share (if not more), there’s only so much left for everyone else.
Dogecoin (DOGE) is arguably the most popular meme coin out there. It has been around a long time, has a loyal community, and has some nominal utility. It should do well this year. But, in terms of percentage, probably not as well as HedgeUp (HDUP).
For the time being, HedgeUp (HDUP) is going for $0.020. Soon, though, stage four will start and that price will jump to $0.036. As always, the early bird gets the worm.
For more information about HedgeUp (HDUP)
- Website: https://hedgeup.io/
- Presale: https://app.hedgeup.io/sign-up
- Telegram: https://t.me/HedgeUpChat
- Twitter: https://twitter.com/HedgeUpOfficial
