Buying the Dip: Whales Are Floating Towards DeFi Trading Platform HedgeUp (HDUP) and Solana (SOL) to Avoid a Cold Summer
The one positive about a bear market is that it provides an opportunity for investors to buy promising cryptocurrencies at discount prices. They then get to cash in when the market recovers and prices soar.
This is what investors are doing with Solana (SOL), which has for a long time been considered the most promising blockchain protocol outside Bitcoin and Ethereum.
Solana isn’t the only cheap investment option available in the market, though. Crypto whales are also going for the presale of HedgeUp (HDUP). According to crypto experts, the token promises some of the most impressive returns before the end of 2023.
Whales looking to HedgeUp (HDUP)
HedgeUp (HDUP) has been one of the most popular tokens in recent months. The token has attracted a lot of investor attention, including some big whales of other popular crypto projects. These whales – along with retail investors – are taking advantage of the project’s presale to accumulate as much HedgeUp (HDUP) as possible.
HedgeUp (HDUP) has emerged as such an attractive prospect because of two closely related things. The first of these is the token’s expected returns.
HedgeUp (HDUP) is only in presale and so far, it has managed to provide investors with impressive returns. The token is currently worth $0.036. This may not look like much, but it represents 400% of the presale’s launch price of $0.009.
The presale will continue to raise prices as it moves through stages. Its currently in the fourth stage and is expected to continue for four more stages. The price for the last stage is set at $0.087, which means that investors who buy the presale now will see their investment increase by more than 120%.
Experts expect HedgeUp (HDUP) to perform even better when it launches. Price analysis has revealed that the token may gain as much as 10,000% in the coming months.
This brings us to the second feature that makes HedgeUp (HDUP) such a popular prospect – its utility. HDUP will be the internal currency of HedgeUp (HDUP). This is a platform that lets users invest in alternative assets like gold, diamond, jewelry, artwork, and more by buying and selling asset-backed NFTs.
Buying the Solana dip
Crypto whales are also making the most of Solana’s (SOL) reduction in price. Solana (SOL) is the native cryptocurrency of the Solana blockchain. This is a decentralized protocol that was created as an alternative to Ethereum. Its goal is to provide an efficient and affordable platform for building decentralized applications (dApps).
Solana (SOL) took a pretty hard hit when the bear market came rolling. The crypto winter has seen the token lose more than 90% of its value. It has gone from trading at an all-time high (ATH) of $259.96 to trading at around $15.
While this has certainly been a huge loss for many investors, some have taken advantage of it to buy the token at a discount. This is because Solana (SOL) is still considered a very promising investment opportunity with high returns, especially now that the market looks set for recovery.
For more information about HedgeUp (HDUP) presale use the links down below:
