Recent on-chain analysis has revealed that Axie Infinity and Cosmos holders are buying up the presale token HedgeUp (HDUP). This came after HedgeUp (HDUP) demonstrated consistent growth in its presale and showed promising growth projections for when it has finally launched.
Axie Infinity and Cosmos vs HedgeUp (HDUP)
Axie Infinity was one of the standout projects of 2021. It is a web3 game built on the Ethereum blockchain that utilized non-fungible tokens (NFTs) to give players ownership of tradable in-game items.
In Axie Infinity, players breed, raise, train, and battle digital creatures called Axies. Like in any other PVP game, these Axie’s can be equipped with various items and abilities. Players then battle each other or against computer AI in a turn-based format.
Whatever rewards they earn in-game are given to them as AXS, the project’s native cryptocurrency, or a secondary token known as Smooth Love Portion (SLP). In-game items are also made available as NFTs, which players can sell in the ecosystem’s NFT marketplace for other cryptocurrencies.
Cosmos, on the other hand, is a Layer 1 cryptocurrency and blockchain project. It was developed with the aim of creating an interconnected network of independent chains in order to address the interoperability and scalability problems faced by many existing blockchain protocols.
ATOM is the native cryptocurrency of the Cosmos network, where it serves as the governance token. Holders can also stake their ATOM to help secure the protocol in exchange for rewards.
Lastly, there is HedgeUp (HDUP). This is a new project in the decentralized finance (DeFi) world that is building an investment platform. The platform will provide an opportunity for users to invest in alternative assets on the Ethereum blockchain by buying and selling asset-backed NFTs.
Its native token is HDUP. The token will serve as the internal currency on the HedgeUp alternative investments platform. It will also be used as the governance token on the project’s DAO. Furthermore, HDUP holders will enjoy a variety of benefits in the crypto and alternative assets markets.
The token has been in presale for the past month and a half. And as on-chain information has revealed, this presale is drawing Axie Infinity (AXS) and Cosmos (ATOM) whales.
Why is HedgeUp (HDUP) Attractive?
HedgeUp (HDUP) presale has many things going for it that make it such an attractive prospect. For one, it enjoys the backing of one of the most innovative projects ever developed in web3– HedgeUp’s alternative assets investment platform.
HedgeUp (HDUP)’s presale has also demonstrated consistent growth. With a starting price of $0.0090, the presale has quickly sold out three stages and is now in the fourth stage, where it is selling for $0.036. It is scheduled to go on until the last stage, which will close out with a price of $0.0887.
This means that throughout the presale, the token will have gained close to 900%. Experts also predict that HDUP will gain up to 10000% in the next bull run. This is what makes it such an attractive asset for investors.
Click the links below for more information about the HedgeUp (HDUP) presale:
- Website: https://hedgeup.io/
- Presale: https://app.hedgeup.io/sign-up
- Telegram: https://t.me/HedgeUpChat
- Twitter: https://twitter.com/HedgeUpOfficial
