Many altcoins have been created since the discovery of the BTC, meme coins are becoming successful, but it’s the HUH Token that emerged to solve problems
To take out the first place, altcoins began offering unique features to give them a competitive edge over Bitcoin, as well as ensuring their survival in the unforgiving crypto world.
The most popular types of crypto among investors are meme coins – which start out as Internet memes but can reach high market caps – and utility coins – which start by issuing tokens to finance the start but can later be used to buy issuers products or services.
Choosing which crypto to invest in is an art that few have mastered. Decisions that are not influenced by careful consideration can result in large financial losses, while other investors enjoy fruitful gains.
Most investors are caught between the question of investing in meme coins such as Dogecoin or utility tokens such as Cardano, as these coins have witnessed dramatic profitability in recent years.
The power of the Internet, especially during the global digital transformation thanks to COVID, makes meme coins a valid form of cryptocurrency and therefore worthy of investor attention.
If meme coins are mentioned by celebrities or influencers, usually through social media, they can experience increased volatility and, consequently, explosive growth.
The Dogecoin case is one of the most notable examples where the richest man in the world, Elon Musk, developed a penchant for the meme currency. Musk’s Dogecoin tweets broke the internet and sent their value at 10%, 11%, 20% and 40% on several different occasions.
However, the extreme volatility of meme currencies means that investors can only profit from names like Dogecoin and Shiba Inu if they pull out over a narrow period of time. If an investor runs into any hurdle that means he cannot go online at the right time, he risks losing his investments.
In addition, certain platforms, such as Coinbase, have previously blocked users from their accounts due to technical issues, which can occur during these busy periods, and even in these cases, investors do not always get their funds back.
In contrast, utility tokens are designed with the intention of being recognized as a legitimate form of currency. Popular examples include Ethereum and Cardano. Furthermore, they aim to make finance decentralized, taking control of banks and governments, and dream of revolutionizing finance by making it a widely accepted form of payment.
The involvement of Square, Tesla and MicroStrategy suggests that this is not unrealistic. With anyone able to buy tokens, liquidity can be increased by allocating rewards and fee discounts. But at the end of the day, utility tokens don’t guarantee investors a stake in the company.
HUH Token reaps the benefits of both cryptos while eliminating their weaknesses. As a “I used me“The HUH combines the market popularity of meme coins with the functionality of utility tokens. Supposedly partnering with popular social media influencers, they’ve gone viral since their December release and boast over 15,000 holders and a 6,000% jump in price in one month.
In PancakeSwap’s Top 20, HUH is securing $1 million in liquidity over 2 years to encourage long-term investment. Likewise, HUH’s unique referral system means users can refer others and earn 10% commission on the new holder’s investment, paid in BNB.
This role should grow your wallet over time, so the more and more HUH tokens a holder retains, the more HUH they will receive. HUH promotes long-term maintenance, in contrast to the volatility of meme currencies, as evidenced by this new method and credo “keep up to gold“. Finally, we can have the first crypto that avoids volatility while maintaining Internet fame.
Learn more about the HUH Token here:
Web site: https://huh.social
HUH Official Swap- https://swap.huh.social/