The bear market has been going on for more than a year and a half. Previously successful crypto tokens and projects have seen their values plummet, but there seems to be some hope in sight. The market has recently shown signs of pulling out of its sad state, with BTC hitting 30k for the first time in nearly a year.
As sentiment becomes more bullish in the mid to long term, many investors are wondering if they should continue to hold Shiba Inu (SHIB) or move on to DeFi’s latest innovative project, HedgeUp (HDUP), and its token, HDUP.
Signs of a bull run
Financial markets are known for their ups and downs, but occasionally, investors can catch a bull market. This is a time when prices soar, and investors can make a lot of money.
But how can you tell when a bull market is about to occur?
One sign is an increase in consumer spending. If retail investors start flocking to crypto, it usually means they have more confidence in the market and are willing to take risks with their investments.
Another indicator is a rise in the crypto market itself. If the market has been consistently climbing for some time, it could indicate that a bull market is on the horizon.
Can Shiba Inu (SHIB) recover?
Shiba Inu (SHIB) has been through a lot recently. Following the recent market downturn, its popularity plummeted and many investors were left wondering if Shiba Inu (SHIB) could really recover.
The answer to that question remains highly debatable. While some experts believe that a Shiba Inu (SHIB) recovery is possible, others are skeptical and warn that it may not happen anytime soon.
There is also a part of the community that’s ready to pull out.
Why?
They’ve heard about a new startup making waves in the NFT and DeFi spaces.
HedgeUp (HDUP) to the rescue
HedgeUp (HDUP) could be the hero that Shiba Inu (SHIB) holders need right now.
It’s an NFT marketplace that’s built on top of a DeFi protocol currently in its Third presale stage. The price is set super low, at just $0.020, with some experts saying it could see colossal gains as soon as it moves to the BNB chain and gets some deep liquidity with popular DEX protocols.
While the HedgeUp (HDUP) token is expected to see steady gains just for existing, the project is equally impressive. The HedgeUp (HDUP) NFT marketplace allows users to purchase fractional shares of physical commodities like gold and diamonds for as little as $1. Never before has any crypto protocol tried to do anything this ambitious, and expectations are high.
This token could become a household name when the next bull run hits.
The takeaway
Shiba Inu (SHIB) may or may not recover in value but there are other projects like HedgeUp (HDUP) that offer a potentially lucrative opportunity for investors to capitalize on during the upcoming bull run.
With its low entry price and ambitious NFT marketplace concept, it could be one of the most successful tokens when all is said and done.
Remember, doing your research before investing in any project is important, as they come with risks and rewards.
Click the links below to find out more about the HedgeUp (HDUP) presale here:
- Website: https://hedgeup.io/
- Presale: https://app.hedgeup.io/sign-up
- Telegram: https://t.me/HedgeUpChat
- Twitter: https://twitter.com/HedgeUpOfficial