While the global economy seems to be teetering on the edge of a recession, things seem to be heating up in the cryptocurrency world. New projects continue to pop up every day, introducing exciting new innovations and expanding what’s possible on the blockchain.
Established projects such as Shiba Inu (SHIB) continue to grow their own capabilities and utility. While newer projects such as HedgeUp (HDUP) seek to completely revolutionize their specific industry.
So what exactly is going on with these two projects?
HedgeUp lowers the bar to alternative assets
Stocks, real estate, and other investments seem to be in a consistent decline in value. While buying at the bottom could mean big profits, nobody knows when “the bottom is in”. This makes current investments considerably more risky and uncertain.
But another segment of assets has shown considerable resilience and growth – alternative assets. These types of assets aren’t as well known due to their massive price tag and limited public access, that is until HedgeUp (HDUP) launched.
Alternative assets include a wide variety of different things such as expensive vintages, rare watches, and countless other luxury items that have been restricted to the rich. These assets are interesting because they are well known to appreciate in value. Every year that goes by on a vintage bottle of wine, the price can go up.
Unfortunately, due to the high price tag a lot of these assets carry, they are restricted to the majority of people. HedgeUp (HDUP) is changing that by introducing tokenization for these assets. The project will purchase and hold these items in an ultra-secure vault while allowing HedgeUp (HDUP) users to buy and sell fractional ownership of them.
This considerably lowers the barrier of entry since anyone could start investing for as little as a dollar. The project is currently in its presale phase, offering early investors a discount on its token HDUP. The presale consists of multiple stages, and each stage increases the costs, so getting in early is certainly beneficial.
Shiba Inu (SHIB) warms up testnet
While HedgeUp (HDUP) looks to define an entirely new industry, Shiba Inu (SHIB) continues to improve on its own existing infrastructure. While it first started out as a simple meme coin, the project has quickly grown thanks to its dedicated community.
Now, the project is in the midst of developing its own blockchain, exchange, and more. In fact, Shiba Inu’s testnet, “Puppynet” just surpassed 20 million transactions. That’s even before the mainnet launch when arguably most people will get involved.
So while the market may still be lackluster, the SHIB project is undoubtedly setting itself up to take full advantage of the next bull run.
Success with or without a bull market
HedgeUp (HDUP) and Shiba Inu (SHIB) are both showing excellent strength despite the disappointing market conditions. These projects are attracting considerable investments and building a growing fanbase and community even without promises of “to the moon”.
This puts both HedgeUp (HDUP) and Shiba Inu (SHIB) in the perfect position to continue to grow and take significant advantage of the bull run once the market begins warming up again.
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
