Meme coins have become increasingly popular recently, with Dogecoin and Shiba Inu at the top of the list. Now, a new DeFi token, HedgeUp (HDUP), is looking to take some of the investment dollars away from these meme projects.
Dogecoin (DOGE) was one of the first meme coins to come on the scene. It was created as a Litecoin fork to add a bit of light-heartedness to the crypto world. Once Elon Musk got involved, its success was almost guaranteed and it has now risen to the 8th largest crypto by market capitalization.
Shiba Inu (SHIB) followed the trend set by Dogecoin, branding itself as the “Dogecoin killer”. It has gained a significant following and during the 2021 bull run, it rose quickly and is usually just a few places behind Dogecoin in terms of market cap. It also has some utility features that Dogecoin does not, such as its own decentralized exchange (DEX), ShibaSwap, and an NFT marketplace.
HedgeUp (HDUP) is the new kid on the block. It is attracting a lot of attention, with even the most loyal meme coin whales being drawn to its presale. This could be due to the fact that some of the older projects are losing their magic or because of the fantastic utility that HedgeUp brings. HDUP will act as the center of an entire ecosystem of DeFi products, such as an NFT marketplace, a metaverse, a wallet, banking functions and investing masterclasses. HDUP holders will be able to vote on the direction of the project in the DAO.
The presale of HedgeUp (HDUP) is well underway, and it’s not too late to get it for $0.020. For more information, click on the links below.
