Dogecoin (DOGE) has been on the rise lately, and more than 350m was moved by a large investor. Read on to find out what this could mean for Dogecoin (DOGE) holders. At the same time, Stellar (XLM) and HedgeUp (HDUP) are going higher and higher as the investing community notices their potential.
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Dogecoin (DOGE) has been recovering in the past 6 months, recording an approximate 41% price increase. Whale Alert showed that 350 million Dogecoin (DOGE), worth in excess of $26.5 million, was moved from one wallet to another in 11 different transactions, indicating a purchase.
The move came around the news of a huge update that aims to improve Dogecoin's user-friendliness and performance, making it easier to work with for its developers.
Dogecoin (DOGE)'s community has been thrilled by the mysterious message from Burger King, which currently accepts Bitcoin, stating that the company also "needs Dogecoin (DOGE)", indicating that the famous restaurant may support Dogecoin (DOGE) payments soon.
Stelar (XLM) is in a bullish run with more than a 5% price increase in the past month, reaching a yearly high and crossing the $0.1 mark for the first time in this period. This excellent performance is rivaling Ripple, a competitor focusing on the global banking system.
HedgeUp (HDUP), on the other hand, is aiming for the sky, turning into the future of crypto. This innovative platform is the first in the world which makes it possible for anyone to invest in alternative assets.
Bringing traditional investors and crypto enthusiasts together, HedgeUp (HDUP) allows them to enter the NFT market by buying real asset-backed non-fungible tokens. The offering will include precious metals, such as gold, but also other alternative assets, including fine alcohol, rare artwork, private jets, and luxury jewelry.
HedgeUp (HDUP) native token, HDUP, is what will make possible buying, selling, and trading the real asset-backed NFTs. Hence, investors seeking to make their portfolio resistant to inflation and protect capital need to own HedgeUp (HDUP) tokens to access the NFT marketplace.
It's no wonder the HedgeUp (HDUP) token has already increased by more than 60%, from only $0.009 to $0.013. Also, it's expected to increase by more than 50% in the following weeks, reaching the next price level of $0.02.
HedgeUp (HDUP) holders can buy alternative assets for as little as $1 thanks to the fractionalized NFTs that represent the physical assets, which are kept in a secured vault. However, you can also buy 100% of the NFT and opt for having the asset delivered to your location.
There are numerous other benefits for HedgeUp (HDUP) holders, including access to education on the benefits of alternative assets, staking rewards and other bonuses, and news releases.
Perhaps one of the main advantages of being an early adopter is joining a like-minded community of investors ready to benefit from a multi-billion dollar industry that has been inaccessible to them so far.
The crypto market has been quite active lately. Some projects may have more potential than others, so it's important to do your due diligence and pick the projects that suit your investment style and desired returns. Whether it is the meme coin DOGE (DOGE), the ground-breaking Stelar (XLM), or one-of-a-kind HedgeUp (HDUP), it's important not to miss out on this year's most important opportunities to grow your funds.
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.