Investors looking for considerable gains in the next couple of months have two options; go for an increasingly popular meme coin like Pepe (PEPE) or pick a promising DeFi token like HedgeUp (HDUP).
Of the two, crypto analysts believe that HedgeUp (HDUP) has the largest potential returns. They have predicted that the DeFi token will 20x in June while Pepe will manage an impressive but lower 5x in July.
Pepe was launched in mid-April. It is a meme coin inspired by the Pepe Frog meme. Since then, the token has taken the market by storm.
Pepe (PEPE) exploded in popularity just over a week after its launch. There was so much demand for the token that it was consistently amongst the top trading tokens on decentralized exchanges (DEXs). And with massive demand comes massive increases in price.
On May 5th, Pepe’s (PEPE) price would go on to reach an all-time high (ATH) of $0.00000431. This represented a more than 7800% increase from the launch price of $0.000000055142.
Pepe’s price has declined since then. It’s currently trading at $0.000001581, which is 63.6% less than the ATH. However, it is still a good 2600% gain over the launch price. It also puts it in the top 100 cryptocurrencies based on market cap size. An excellent accomplishment for such a new coin.
While Pepe (PEPE) has certainly slowed down, experts predict that the cryptocurrency still has a lot to offer. Its value may yet grow in the coming months. Predictions say that the token will 5x in July.
This is despite Pepe (PEPE) receiving a lot of criticism for being a meme coin. Just as the token was gaining popularity, the popular Bitcoiner Max Keiser slammed it.
Pepe (PEPE) can be considered a meme coin because it has no real utility. This is the main reason it has lower projected returns than HedgeUp (HDUP), a DeFi token with a world of utility behind it.
HedgeUp (HDUP) is part of a project that’s developing the world’s first alternative assets investment platform in Web3. The platform will serve as a marketplace where users can invest in alternative asset classes like precious metals, artwork, jewelry, and more through asset-backed NFTs.
HedgeUp (HDUP) says it will tokenize real-world assets into non-fungibles. That way, they hope to demystify alternative investments and make them more accessible to crypto investors within the blockchain ecosystem.
The project has generated a lot of hype and is seen by experts as potentially revolutionary. As such, presale analysts believe that the token has what it takes to break the 2000% mark in gains.
This has made its presale very popular among investors. So far, they have bought up more than 120 million tokens. More tokens will be made available for buying until the presale achieves its goal.
Currently, one HedgeUp (HDUP) token goes for $0.020, which presents a good opportunity for people to get a great price on it.
For more information about HedgeUp (HDUP) presale use the links down below:
None of the information on this website is investment or financial advice. CryptoMode is not responsible for any financial losses sustained by acting on information provided on this website.
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