As the market prepares to recover, investors are moving towards what they think will be successful projects. To this end, the presale token HedgeUp (HDUP) has been getting all the attention of crypto whales, making it the token to watch come the next bull market.
Not all projects have it as good, however. Shiba Inu (SHIB) and Aptos (APT) continue to demonstrate worrying performance. Their prices have been going downhill for the past month, causing investors to worry. However, there may be signs that the trend is about to change, or at least slow down.
Aptos (APT) and Shiba Inu (SHIB) present worrying performance
Data from CoinGecko shows that Aptos (APT) and Shiba Inu (SHIB) haven’t had an easy month.
APT is the native cryptocurrency of Aptos, a high-performance blockchain protocol. It was launched in October 2022 to much fanfare. Since then APT’s market cap has grown to cross the $1.5 billion mark. It is currently the 33rd largest cryptocurrency by market cap.
Unfortunately, its performance in the last month has been far from inspiring. The coin has lost more than 30% of its value to trade at $8.58. However, this price represents a 3% gain in the last seven days. So, the trend might just be beginning to reverse.
Shiba Inu’s (SHIB) script is more or less the same. The meme coin, which has a market cap of more than $5 billion, is trading at $0.000008722. This figure represents a price decline of around 24% over the last 30 days and 12% in the last fourteen.
Fortunately, the price decline seems to have slowed down in the last week– Shiba Inu (SHIB) has only lost 2% of its value. So like Aptos (APT), Shiba Inu (SHIB) may well be on its way to recovery.
HedgeUp’s (HDUP) success continues
HedgeUp (HDUP) has been a success story since the launch of its presale. This is evidenced by the number of whales swimming toward the project to buy HedgeUp (HDUP).
Since the HedgeUp’s (HDUP) presale went live, it has sold 117.7 million tokens to investors worldwide. This has helped the project raise more than $1.6 million. It is currently in the third stage, where the token is going for $0.020.
HedgeUp’s (HDUP) continued success is down to the utility of its token. HDUP, which serves as the project's internal currency, enjoys one of the strongest utilities of any crypto asset in DeFi.
For one, the token will be used to bid on and buy NFTs on HedgeUp’s (HDUP) alternative assets investment platform. It will also be used to pay for trading fees. Furthermore, HedgeUp (HDUP) holders will enjoy many exclusive benefits in the crypto and alternative assets markets.
HedgeUp (HDUP) has leveraged the strong backing to attract even more investor interest. This is why it's presale stages are selling out fast as the fundraising moves from strength to strength.
The funding milestone for stage 3 is $1.619 million. Once that is achieved the presale will move on to the next stage and HedgeUp’s (HDUP) price will be raised to $0.036. Therefore interested investors are encouraged to buy now while the price is lower.
For more information about HedgeUp (HDUP) presale use the links down below:
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