Akita Inu is a cryptocurrency that has been inspired by several other canine cryptocurrencies such as Dogecoin, Shiba Inu, Baby Doge and Floki Inu. While it all started as a joke, each of these cryptocurrencies are performing exceedingly well at the moment. However, as the old saying goes ‘what goes up must come down’ and HUH Token is hoping to be the new kid on the block that brings Akita Inu’s soaring prices to a grinding stop.
The Story Of Akita Inu
Akita Inu is an Ethereum-based meme cryptocurrency. Its Tokenomics are similar to Shiba Inu’s Tokenomics, and it is a decentralised community. Uniswap received half of the Akita Network’s tokens, while Vitalik Buterin (creator of Ethereum) received the other half. While Akita Inu is currently enjoying consistent growth, the problem with meme tokens is that they carry a high level of risk, and not all investors can afford to take a chance on such a volatile asset. If you are willing to take on a higher level of risk, the Akita Inu is a good choice. However, not everybody is comfortable with that level of risk.
The self-proclaimed ‘little brother of Dogecoin’ has no founders and is entirely community driven. It was founded in February 2021 and has been experiencing a decent amount of attention on CoinMarketCap.
So how is HUH Token going to affect Akita Inu? Well, at this point it is worth pointing out that this is all speculative. However, according to market research and predictions from the crypto experts, HUH Token has the potential to shake things up. This may very well mean that investors turn their attention away from Akita Inu and its canine counterparts towards HUH Token instead.
Why Is HUH Token Different To Other Cryptocurrencies?
According to figures from the Financial Conduct Authority, there are currently 2.3 million adults in the UK who invest in cryptocurrency. These figures are huge, and with increased interest comes an increase in the options available. There are endless cryptocurrencies to choose from and so why is HUH Token any different?
Below are some of the reasons why the creators of HUH Token believe their cryptocurrency is unique.
- Unique referral system designed to put cold hard cash straight into your wallet.
- First-ever cryptocurrency to distribute both BNB and Token.
- Refer someone and get a permanent sell tax reduction from 20% to 10%
- Refer someone and get 10% off their first purchase directly in BNB.
- You can refer an unlimited number of people.
- The system is designed to create generational wealth.
- HUH Token has a unique and ambitious roadmap.
What’s more, the token claims to be the first-ever crypto to be a ‘Utimeme’ – which means it is a meme cryptocurrency that has real-life utility. The one Instagram post they have uploaded at the moment says, ‘Hold Until Gold’, and what this seems to insinuate is that the longer you hold onto the HUH Token, the greater the reward you will get. So, if you are looking to take a chance and get rich quickly, then there are a multitude of other options you can consider. But after the last turbulent few years, more and more investors are looking for a more stable investment, which is one of the reasons why HUH Token is an attractive option.
Finding The Needle In A Haystack
Finding a unique cryptocurrency can be compared to finding a needle in a haystack, as the cryptocurrency market is saturated with options. However, when choosing a cryptocurrency to invest in, you want to choose one in which you have belief, and to have that belief, you need to invest in a cryptocurrency that you believe has promise. It’s easy to get lost in the endless haystack of cryptocurrency, but the best way to narrow down your choices is to think about what makes each coin or token unique.
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