Ethereum and the HUH Token are promising options for investors looking for the next big boom of 2022
2021 was an exciting year for cryptocurrency in many ways. Bitcoin surpassed previous predictions to hit an all-time high of $70,000, NFTs were on everyone’s lips all year, major corporations like Jack Dorsey’s and Elon Musk’s embraced digital currency, with El Salvador even offering legal tender for Bitcoin. .
Ethereum is a blockchain-powered technology that relies on smart contracts to execute transactions. With Ether as the native currency, the platform is considered more sophisticated and capable of running programs than Bitcoin. Some analysts argue that it is this feature of Ethereum that will ultimately dethrone Bitcoin as the #1 cryptocurrency.
Probably the biggest Ethereum gold mine in 2022 will be NFTs. Described as the marketer’s shiny new toy by Forbes India, these limited-edition digital assets are mainly being sold by celebrities, start-ups and brands.
Being auctioned for millions of dollars at once, some aspects of them cannot be faked, thanks to their unique metadata and identification codes.
As the second largest cryptocurrency, Ethereum’s price skyrocketed to over 400% in 2021. It’s attributed to Ethereum’s better utility, as Bitcoin was originally designed to decentralize the currency as a peer-to-peer network rather than, well, be efficient.
Processing transactions faster and less intensively than Bitcoin, Ethereum has applicability that extends even beyond NFTs to real estate, for example, and is gaining more interest in items that need to be authenticated.
Thought to point the direction of the tech world, Ethereum attracts more developers than Bitcoin (2,300 compared to 400 in 2020, according to Electric Capital). Currently working on the ETH2 upgrade, Ethereum is likely to become more sustainable, secure and scalable in 2022.
The HUH Token was only launched a month ago on PancakeSwap and is now also available on BitForex, but it skyrocketed by over 6000% in the first few days after launch. Already listed on CoinMarketCap and CoinGecko, HUH does not plan to slow down in 2022, with New Year’s resolutions to launch an NFT app and marketplace.
Building on the peer-to-peer networking concept of Bitcoin and the utility of Ethereum, HUH is developing an online community that attracts social influencers and consumers by offering monetized sentiment analysis tokens.
The usefulness of the HUH is testified by its incentives for long-term maintenance. HUH has implemented a referral system where existing holders receive 10% of the first HUH Token investment made by anyone they refer and is paid in BNB. This new approach has contributed to the HUH Token now boasting over 15,000 holders.
As society becomes more aware of the impact of climate change, HUH has promised that it will not be held back by its carbon footprint like Bitcoin has done. Consequently, HUH partnered with Eden Reforestation Projects to plant 1 million trees and thus positioned itself as a sustainable alternative to Bitcoin that aligns with consumer preferences to be eco-friendly.
Learn more about the HUH token here:
Web site: https://huh.social
HUH Official Swap- https://swap.huh.social/