As the old saying goes, “Buy the rumor, sell the news.” You’re already too late if you’re waiting for the next Elon tweet to load up your bags on meme tokens like Dogecoin (DOGE) and Shiba Inu (SHIB).
One wealthy investor has a knack for predicting Elon’s meme token tweet and buying up coins so that he can dump on retail. The guy has made a fortune and has shared a few of his trades in private discord groups.
He has since decided to load up on HedgeUp (HDUP) in what appears to be a strange and bold move. But after sharing his thesis, many users think it’s less strange and bold, and more wise and strategic.
Playing the volatility game
The investor’s story is a bit different than what you hear from most people.
“I grew up in Dubai. But my family didn’t have any supercars. We were quite poor. I got into Forex and Futures in my early 20s and learned how to bet on volatility. I did really well, and I saw similar trends in meme token markets. I gave it a go, and the next thing I knew, I was lifting myself and my entire family out of poverty. And then some.”
Our wealthy investor doesn’t often deploy any kind of buy-and-hold scheme as part of his strategy. He’s less about stores of value and more about hit-and-run. That’s why his current play seems so odd. He had this to say when asked about his thesis:
“Most of DeFi comes down to yield farming on DEXs, the lend and borrow market, and perps. But HedgeUp (HDUP) is different. It’s a powerful protocol that can potentially change how we use NFTs and how we can utilize our assets.”
What, exactly, does he mean?
HedgeUp (HDUP) – an unprecedented idea
For years, people have speculated on what we could do with NFTs. Digital art is fine, but the technology is in place to offer much more. But, who would be the first protocol to give it a real shot?
That would be HedgeUp (HDUP). For those of you who want to invest in something different, you clearly chose crypto, or else you wouldn’t be reading this article. But this project allows you to invest in real-world assets with your crypto.
Once reserved for the world’s elite, the alternative asset market is now open to retail with this platform. Users can buy fractional shares of luxury items, like fine art and even wine, and be awarded an NFT, a receipt token of that ownership.
“As much as I loved playing the volatility game with Dogecoin (DOGE) and Shiba Inu (SHIB), their time is coming to an end. Furthermore, meme coins are not good for DeFi or crypto as a whole. We need sustainable projects that actually want to do something.”
HedgeUp and Its DeFi token, HDUP, are coming to the BNB chain very soon. There’s still time if you want to get in on the action. The protocol is still in its presale phase.
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
