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DeFi has gone beyond offering users high yields on their crypto holdings to give them access to real-world assets via tokens. Interestingly, HedgeUp (HDUP) is championing this move with Chainlink (LINK) and Osmosis (OSMO) keeping up to speed.
Chainlink (LINK) is a unique blockchain platform that connects smart contracts to external data sources. This function makes Chainlink (LINK) a key player in tokenization as it will help convince users that their tokens are backing tangible assets.
The price of Chainlink (LINK) has been in a recovery phase and analysts believe that Chainlink (LINK) may rise to its resistance level of $9.15 if the buying pressure continues.
Also, data from Tradingview shows Chainlink (LINK) wavering between $5.5 support for selling climax and $9.15 support for buying climax. This could mean that Chainlink (LINK) is moving towards a bullish trend. Currently, Chainlink (LINK) is trading at $7.99.
Osmosis (OSMO) is a decentralized application that is based on the Cosmos blockchain. Osmosis (OSMO) enables users to build, deploy, and design customised AMMs. Also, Osmosis (OSMO) provides governance, liquidity pool staking, and token swap services.
Despite its brilliant technology, Osmosis (OSMO) hasn't had much success apart from reaching an $11.21 all-time high on 4 March 2022. Osmosis (OSMO) has been on a steady decline ever since. Osmosis (OSMO) currently trades at $0.8316, about a 92% decrease from its ATH.
Little wonder investors are leaving Osmosis (OSMO) for more profitable DeFi protocols like HedgeUp (HDUP).
Investing in commodities and alternative assets such as gold, luxury watches, liquor, etc. is often difficult. Gratefully, HedgeUp (HDUP) solves this problem by utilising blockchain technology. This platform was designed with the everyday investor in mind.
HedgeUp (HDUP) is an alternative investment platform within the cryptocurrency industry that provides access to a wide range of products. It aims to bridge the gap between 'Traditional' and 'Cryptocurrency' investors.
Although traditional investment options are safer, they deliver lower returns when compared to cryptocurrency investments. HedgeUp (HDUP) combines both sectors to give users the best returns on their investments.
HedgeUp (HDUP) achieves this by enabling the tokenization of physical assets through NFTs. Therefore, users can buy a variety of alternative assets easily and quickly through this platform.
Additionally, users will be able to invest in fractional NFTs, thus users with small capital can benefit from HedgeUp (HDUP). Also, the leading team will partner with card processing companies to enable easy conversion from crypto to fiat currencies.
In the future, users will be able to stake the HDUP, the token powering the platform, and communicate easily via the metaverse feature. Not only that, HedgeUp (HDUP) token holders will be able to vote on proposals and participate in governance.
Needless to say, HedgeUp (HDUP) offers an innovative utility and allows passive income generation at reduced risk. You don't want to miss out on this project, visit the HedgeUp (HDUP) website to learn more.
Presale Sign Up: https://app.hedgeup.io/sign-up
Official Website: https://hedgeup.io
Community Links: https://linktr.ee/hedgeupofficia
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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.
