As cryptocurrency prices recover, the market has seen different assets demonstrate different performances. To this end, the presale token HedgeUp (HDUP) has established its bullish trend after moving to the next stage. Filecoin (FIL) and Litecoin (LTC), on the other hand, are still trying to break free of their bearish trends.
HedgeUp (HDUP) triggers bullish movement
HedgeUp (HDUP) is a token minted by the Web3 project HedgeUp. This project is building an ecosystem within which members can invest in alternative assets through NFTs, learn from other, more experienced investors, and enjoy many exclusive benefits from holding HDUP.
HedgeUp (HDUP) is in its presale phase. Proceeds made from the sale will go towards the creation of the HedgeUp ecosystem and all its components. This includes what the HedgeUp team calls “the world’s first Web3 alternative investment platform,” where users can buy and sell alternative asset classes as NFTs.
There will also be an online education platform, a decentralized autonomous organization (DAO), a wallet and banking application, and a virtual world.
The HedgeUp (HDUP) presale is in the third phase. Already, the token has demonstrated a bullish trend that is set to continue throughout the presale. This comes after its price increased from $0.013 in the second stage to $0.020 in the third stage.
So, investors that bought HedgeUp (HDUP) in the second stage already have 53.8% profits. It’s even better for those that bought in stage 1 when the token was going for $0.009. They have seen their investment grow by more than 120%.
Crypto analysts predict that HedgeUp’s bullish movement will extend way past the presale. According to estimates, the token has the potential to grow by 30x before the end of the year. This would mean returns worth 3000% for investors. And it’s just a conservative estimate. Some charts have HDUP’s value growing by 10000%.
As a result, the presale has been deemed a good opportunity for people to buy the token before it launches and its price balloons. HDUP is currently going for $0.020 through the presale.
Filecoin (FIL) and Litecoin (LTC) fight among the bears
Filecoin (FIL) and Litecoin (LTC) aren’t having the same luck as HedgeUp (HDUP). Filecoin (FIL) is the native cryptocurrency of the decentralized file storage network Filecoin. This network is designed to provide low-cost cloud storage by leveraging unused storage space in users’ devices around the world.
Filecoin (FIL) has seen its price decline in the last month. It is currently worth $4.56. This price represents a 21.2% loss in value over the past 30 days. It is also a 13.3% price decline in the past 14 days and 14.2% in the last seven.
Litecoin (LTC) is having a similar experience. It is the native cryptocurrency of the Bitcoin fork, Litecoin. In the past month, Litecoin (LTC) has lost 12.9% of its value and 9.2% in the last week. This may be better than Filecoin (FIL), but it is certainly not the bullish trend that investors have been waiting for.
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
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