The HedgeUp (HDUP) presale has surprised investors with a 120% gain.
The HedgeUp (HDUP) presale has surprised investors with a 120% gain. As a result, it is already proving to be a good investment. How does this compare to the performances of Polygon (MATIC) and Cardano (ADA) in the open crypto market?
HedgeUp (HDUP) Gains 120%
The HedgeUp (HDUP) presale has been live for quite a while. So far, it has sold more than 90 million tokens to investors, raising well over $1 million along the way. With two stages down and six more to go, the presale will very likely be a success if it continues with the trend.
This week, HDUP has provided investors with even better news. The token has gained more than 120% in presale. This came after the presale reached stage 3. In this stage, HedgeUp (HDUP) is listed for $0.020.
For investors who bought the token in stage 1 at $0.009, this represents a 122% gain in a matter of weeks. Those that bought it in stage 2 are also enjoying the development. After buying the token at $0.013, they are seeing gains of 53% in a matter of days.
HedgeUp (HDUP) still has several stages to go with its presale. This means consistent gains, which will be bigger for investors that bought the token early.
HDUP’s growth won’t be limited to the presale. According to a crypto analyst, the token will perform exceptionally well once it is officially released to the public. Estimates say it could gain anywhere from 3000% to 10000% in the coming bull run.
If this happens, HedgeUp (HDUP) will provide investors with some of the highest returns in the market. This is perhaps why the presale has been attracting lots of investors. They see it as an opportunity to buy a very promising token at a cheap price.
HedgeUp (HDUP) is currently in presale. At stage 3, the token is going for $0.020, which is still a significant discount considering its potential.
How This Compares to Polygon (MATIC) and Cardano (ADA)
Unlike HedgeUp (HDUP), Polygon (MATIC) and Cardano (ADA) are trading on exchanges. Polygon is designed to make the underlying blockchain as scalable as possible. MATIC is its native cryptocurrency.
Cardano, on the other hand, is a full-fledged blockchain. The protocol was launched way back in September 2017. It aims to be a more scalable and sustainable platform for building and launching decentralized applications (dApps). ADA is its native cryptocurrency.
HedgeUp (HDUP) has generally performed better than Cardano (ADA) and Polygon (MATIC). This is because while the presale token has been gaining value, the two cryptocurrencies have been losing it.
The price of MATIC has declined by 5.6% in the last 14 days and 2.4% in the last seven. The crypto coin now goes for $0.9866. Similarly, ADA’s value has dropped by 2.4% over the last 14 days and 4.7% in the last seven.
This explains why some Polygon (MATIC) and Cardano (ADA) investors have begun investing in HedgeUp (HDUP) instead.
For more information on HedgeUp click the links: Website, Presale, Community links.