With the bull market seemingly imminent, crypto analysts have been making growth projections for different cryptocurrencies. The decentralized finance (DeFi) token, HDUP, looks like it will outperform industry staples Solana (SOL) and Polygon (MATIC).
Although it’s yet to launch, there’s already some belief that HedgeUp (HDUP) will become a top 30 token and its hyped presale seems to back it up.
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A top 30 token in the making?
To understand why (HDUP) may be a top performer, one must understand the project behind it– HedgeUp (HDUP). The Web3 investment platform is being built to allow users to invest in alternative assets using NFTs.
The project will tokenize valuable products, like gold, diamonds, watches, and artwork, into nonfungible tokens. Investors from all over the world can then buy and sell these NFTs on the trading platform.
Overall, HedgeUp (HDUP) is an entire ecosystem centered around alternative assets. This consists of the NFT trading platform, online investment classes, a wallet and banking application, and a decentralized autonomous organization (DAO).
With these, HedgeUp (HDUP) hopes to smooth out the process of investing in alternative assets as it works towards its goal of bridging the gap between traditional and crypto investors. And this is what has been turning the heads of many investors and analysts.
According to experts, HedgeUp (HDUP) has what it takes to make a difference in the 11 trillion-dollar alternative assets market. So when the project matures, its utility token will be among the biggest cryptocurrencies in the world.
Projections put HedgeUp’s (HDUP) market cap in the top 30s in the next year or two. This has put it on the radar of many crypto investors, further raising its potential performance. So much so that it might outdo Solana (SOL) and Polygon (MATIC).
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Solana (SOL) and Polygon (MATIC) fall behind
Solana (SOL) and Polygon (MATIC) are huge cryptocurrencies in terms of market cap. Polygon (MATIC) currently sits 10th with a market cap of 9.33 billion while Solana (SOL) follows at 11th with a market cap of 8.86 billion.
Projections put HDUP somewhere around the thirtieth place. So, what exactly do analysts mean when they say the token will dominate SOL and MATIC?
SOL and MATIC beat HedgeUp (HDUP) in terms of actual size and probably will for a long time to come. But according to crypto experts, they need to catch up when it comes to the projected rate of growth. And that’s what investors care about.
What this means is that in the coming bull run, HedgeUp (HDUP) will grow at a much faster rate than Solana (SOL) and Polygon (MATIC). It may move from a recently launched token trading at less than a dollar to a top 30 cryptocurrency in a matter of months.
At present, HedgeUp (HDUP) is yet to launch. Fortunately, the HedgeUp (HDUP) presale is going on right now. This presents a perfect opportunity for investors to buy the token at a discounted price. The project is selling the token for $0.013. This price will increase as the presale advances to the latter stages, making now the best time to buy.
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For more information about HedgeUp (HDUP)
Website: https://hedgeup.io/
Presale: https://app.hedgeup.io/sign-up
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Telegram: https://t.me/HedgeUpChat
Twitter: https://twitter.com/HedgeUpOfficial
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