BNB (BNB) and The Sandbox (SAND) Showcase Worrying Performance With Red Zone Risk While HedgeUp (HDUP) Leaves a Mark With Its Successful Presale

April 20th, 2023 at 8:50 pm UTC · 4 min read

BNB (BNB) and The Sandbox (SAND) Showcase Worrying Performance With Red Zone Risk While HedgeUp (HDUP) Leaves a Mark With Its Successful Presale

Asset diversification has been a major part of the investment strategy many experienced investors implement.

The goal of a diversified portfolio is to mitigate as much risk as possible by putting investments in different assets that have the potential to climb up in value.

Within traditional investment circles, some assets have been locked to high-wealth individuals.

However, Web3 projects such as HedgeUp (HDUP) aim to disrupt this by opening fractionalized ownership over these assets for anyone, anywhere globally.

We will be comparing HedgeUp (HDUP) and its overall progression with the price movements surrounding competing projects such as BNB (BNB) and The Sandbox (SAND).

BNB (BNB)

The Twitter page behind the BNB Chain announced that they want to get everyone’s input on a proposal from the community that can influence the future of the blockchain, where three comments with the most likes on the forum can get a split price pool of $300 USDT.

Despite this bullish outlook for the future of the ecosystem and the awards given to the community, the overall value of the BNB (BNB) cryptocurrency did not see a massive jump in value.

BNB (BNB), as of April 20, 2023, was trading at a value of $326.06. When we go over the coin’s all-time high, it reached $690.93 on May 10, 2021.

In the last 24 hours, BNB (BNB) decreased in value by 0.90%; in the last seven days, this increase was at 0.94%.

BNB is still up regarding its 30-day performance, which decreased by 3% within that time frame. If it keeps up with this momentum, BNB (BNB) can fall into the red zone, leaving investors and traders worried.

The Sandbox (SAND)

The Sandbox (SAND) announced on March 31, 2023, that it would feature over 1 million SAND in its Reward Pool in April.

This tease raised a lot of noise within the community but did not translate well regarding the value-growth of its token.

On April 20, 2023, The Sandbox (SAND) traded at $0.6398. It’s all-time high was on November 25, 2021, at $8.44. In the last 24 hours, it decreased by 1.87%. In the last 30 days, its momentum was bearish, with an overall decrease of 4.5%. With this in mind, it is clear why investors and traders aim to diversify their holdings with high-growth projects such as HedgeUp (HDUP).

HedgeUp (HDUP)

HedgeUp (HDUP) is the world’s first Web3 alternative investment trading platform that truly opens up a new way through which anyone can invest in alternative assets.

Using the Web3 platform, users can buy and sell fractional asset-backed alternative investment NFTs.

Throughout its ecosystem, HedgeUp (HDUP) will allow each user to invest in assets such as whiskey, gold, wine, diamonds, art, watches, and much more, starting with a fractionalized purchase of as little as $1.

All non-fungible tokens (NFTs) fractionalized after minting are backed by the physical asset and are fully insured and held in one of the secured and insured deposit vaults.

Additional features behind HedgeUp (HDUP) include an NFT trading platform, a Learn-to-Earn system, wallet and banking features, a dedicated investment basket, a dedicated HedgeUp Decentralized Autonomous Organization (DAO), as well as the HedgeVerse.

HedgeUp (HDUP) smart contract was audited successfully by Solidity Finance. Only 26% of the tokens are available for public presale. The total supply of HDUP is capped at 620,000,000 tokens.

The presale consists of a total of 8 stages. The HedgeUp (HDUP) token is currently at Stage 2 of its presale, where it is offered at  $0.013 regarding its cost. Throughout each subsequent presale phase, its value will increase. The token launch will occur either on June 24, 2023 or when all eight stages are complete, depending on what occurs first.

The founders and team tokens are locked for 18 months and then get moderately released to the shared wallet once a month after the agreed lock-in period. Analysts predict that HDUP can reach $2.15 in value by the end of 2023, indicating that investors and traders who want to get the most value out of the token will want to sign up for the presale early in the links below.

BNB (BNB) and The Sandbox (SAND) Showcase Worrying Performance WIth Red Zone Risk While HedgeUp (HDUP) Leaves a Mark With Its Successful Presale

Find out more about the HedgeUp presale here: Website, Presale, Telegram, Twitter.

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