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As cryptocurrency prices recover, 2023 is shaping up to look like a good year for crypto assets. Some experts have already made their pick of the tokens they think will perform best. Shiban Inu (SHIB) and HedgeUp (HDUP) sit at the top of these lists.
Shiba Inu (SHIB) to top 2021 highs?
Shiba Inu (SHIB) is the second most popular and biggest meme coin after Dogecoin (DOGE). According to data from Coingecko, it has a market cap of more than $5 billion, which makes it the 15th largest cryptocurrency by market cap.
Shiban Inu (SHIB) absolutely blew up in the previous bull market. The token was launched in August 2020 with a value close to zero. Eight months later in April 2021, SHIB began its journey of exponential growth, which saw its value rise by more than 1 million percent to reach an all-time high (ATH) price of $0.00008616 in October of that year.
This made it perhaps the best-performing token of 2021. Early investors and whales made millions from the meme coin.
Today, Shiba Inu (SHIB) is trading at $0.000008854. This is around 90% less than its ATH value of $0.00008845. Overall, the token has been trading in the red for quite a while now. Its current value marks a 10% decrease in the last seven days and a 14.2% decrease in the last fourteen days.
It doesn’t look like it will remain that way for long, however. Some experts are backing Shiba Inu (SHIB) to be among the best-performing tokens of the year. It will probably not go on to achieve the same growth rate as it did in the last bull run. But, they say it will top its previous highs by quite a distance, which is around 10x growth.
Presale token to Top 100 token?
HedgeUp (HDUP) is a presale token being sold by the project, HedgeUp (HDUP). The HedgeUp (HDUP) project has been building an alternative assets investment platform on the Ethereum blockchain. This is a platform that lets users invest in alternative asset classes like exquisite artwork, precious metals, and valuable jewelry through NFTs.
HedgeUp (HDUP) says it is partnering with startups and vendors to create NFTs backed by these products. These NFTs will then be made available for trading on the HedgeUp (HDUP) marketplace. By buying and selling these NFTs, investors will essentially be investing in the alternative assets underlying them.
The HedgeUp (HDUP) token will be used to pay for all NFTs bought on the marketplace and the underlying fees. It will also be used to make bids during auctions and as a governance token in the project’s DAO.
HedgeUp (HDUP) is currently in presale. And with so much utility, many experts believe the token will take the market by storm when it eventually launches. Some see it growing by at least 3000%, while others have it crossing 10000%.
With this much growth, HedgeUp (HDUP) may well become a Top 100 token before the year ends. This prospect has been attracting a lot of investors to the presale. The investors are taking advantage of the token’s current low price, $0.020, to accumulate as much of it as possible.
For more information about HedgeUp (HDUP)
Website: https://hedgeup.io/
Presale: https://app.hedgeup.io/sign-up
Telegram: https://t.me/HedgeUpChat
Twitter: https://twitter.com/HedgeUpOfficial
