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Solana (SOL) and TRON (TRX) See Decline in Value Despite Ecosystem Growth While...

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Solana (SOL) and TRON (TRX) See Decline in Value Despite Ecosystem Growth While HedgeUp (HDUP) Dominates With Presale Momentum

April 20, 2023
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With over 23,000 cryptocurrencies and blockchain-based projects to pick from, investors are always on the lookout for specific altcoins that can disrupt the Web3 industry and provide them with a high level of growth in regard to their value.

Typically, projects that are in their presale stage, such as HedgeUp (HDUP), will gain a lot of appeal, as their native cryptocurrencies are offered at a discount when compared to the launch price, indicating a high likelihood of a value increase.

Today, we will look at HedgeUp (HDUP) and see how it compares to other well-established projects such as Solana (SOL) and TRON (TRX).

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Solana (SOL)

On March 31, 2023, Superstream made an announcement surrounding the Solana Ecosystem Call, where users would get access to the best Solana alpha updates before the crowd.

The event featured updates from Backpack, Elusiv, Jito Labs, DRiP, and others. The date of the event is set for April 6, 2023.

However, despite the growth of the overall ecosystem and numerous updates, the Solana (SOL) coin has seen a decrease in its value.

As of April 20, 2023, Solana (SOL) traded at $22.72. In the last 24 hours, Solana (SOL) decreased by 3.44%, and in the last 30 days, it decreased by -0.87%.

The all-time high behind Solana (SOL) was on November 6, 2021, at a value of $260.06, indicating that it has a lot of room for growth in order to catch up with its historical success.

Investors are worried about its future and are diversifying with alternative projects such as HedgeUp (HDUP).

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TRON (TRX)

On April 1, 2023, TRON (TRX) tweeted an update that there are 15 days left to sign up for the TRON Grand Hackathon. Developers will compete to build decentralized applications (dApps), and at times such as these, hype and attention for the ecosystem increases.

Regarding the value behind the TRON (TRX) cryptocurrency, however, the ecosystem needs to see a significant level of growth to help its value recover.

As of April 20, 2023, TRON (TRX) was trading at $0.06634. In the last seven days, the cryptocurrency saw an increase of 2%; however, since the last 30 days, it’s still down 1%.

Its all-time high was reached on January 5, 2018, at $0.3004, and TRON (TRX) has a long way to go to catch back up in value.

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HedgeUp (HDUP)

HedgeUp (HDUP) is one of the latest projects to grab the appeal of investors and traders and is the world’s first alternative investment trading platform built on top of Web3 technology that aims to enable a new way for anyone to begin making investments in alternative assets.

Users are allowed to buy and sell alternative asset-backed investments, non-fungible tokens (NFTs), where instead of buying the entire NFT, they can buy a fraction of it.

This means anyone can jump into a different asset class with as little as $1 and have fractional ownership of a watch, diamonds, gold, wine, whiskey, and much more.

Each NFT is also backed by a physical asset and is insured and held in a secured deposit vault.

The HedgeUp (HDUP) ecosystem is vast and features a dedicated Learn-to-Earn system, wallet and banking functionality, the HedgeUp (HDUP) DAO, and HedgeVerse.

When we look at the presale, only 26% of the HedgeUp (HDUP) tokens will be available. Regarding its security, the smart contract has been audited by Solidity Finance.

There are 8 stages at the presale, where HedgeUp (HDUP) is currently undergoing Stage 2 and is offered at $0.013.

The token launch will happen when all eight stages are complete or on June 24, 2023.

The founders and the team tokens are locked for 18 months and then get moderately released. Based on predictions, HedgeUp (HDUP) can climb to $2 by 2023.

Investors and traders will want to jump into the project early in order to experience the highest level of growth in its value.

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Find out more about the HedgeUp presale here:

None of the information on this website is investment or financial advice and does not necessarily reflect the views of CryptoMode or the author. CryptoMode is not responsible for any financial losses sustained by acting on information provided on this website by its authors or clients. Always conduct your research before making financial commitments, especially with third-party reviews, presales, and other opportunities.


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