Place/Date: - April 19th, 2023 at 7:23 pm UTC · 3 min read
HedgeUp (HDUP) is a fast-growing crypto project with the potential to overtake some of the already established projects such as Conflux (CFX) and Hedera (HBAR).
In this review, we focus on the performances of Hedera (HBAR) and Conflux (CFX) and find out why they may soon be overtaken by HedgeUp (HDUP).
Hedera (HBAR) is the leading public network for businesses and individuals to create decentralized applications (dApps). The difference between Hedera (HBAR) and other blockchains is that “it intends to process and execute transactions faster, eliminate delays, and smooth out the transactions per second (TPS) indicator.”
Hedera (HBAR) has a trading volume of over $48 million over 24 hours at a live price of $0.06361 per coin.
There are over 30 billion Hedera (HBAR) coins in circulation, while the maximum supply is pegged at 50 billion Hedera (HBAR) coins.
The HBAR token depreciated by 6.1% over the past 24 hours and by 88.84% since September 16, 2021, when it peaked at $0.5701 per Hedera (HBAR) coin.
Hedera (HBAR) is available on Bitrue, Binance Bitget, Bybit, OKX, and other credible exchanges.
Conflux (CFX) is another cryptocurrency project negatively affected by the crypto industry’s legendary price fluctuation.
The Conflux (CFX) public layer-1 blockchain designed as a platform to power e-commerce, decentralized, and Web3 infrastructure has seen its fair share of depreciation. Despite its improved scalability, security, and decentralization, Conflux (CFX) depreciates consistently.
CFX is Cornflux’s native token, with a trading volume of over $221 billion in just 24 hours. Currently ranked at #59 on CoinMarketCap, Conflux (CFX) has a live marketcap of over $918 Million and a circulating supply of over $2.7 billion Conflux (CFX) coins.
At a current value of $0.3294 per Conflux (CFX) coin, the token depreciated by 10% in just 24 hours. Since its all-time high value of $1.7038 per Conflux (CFX) coin on March 27, 2021, the token has lost over 80% of its value.
In contrast to the struggling HBAR and CFX, HedgeUp (HDUP) is a promising crypto project with the potential to outperform Conflux (CFX) and Hedera (HBAR).
HedgeUp (HDUP) is a Web3 cryptocurrency project for tokenizing real-world assets. It also offers cryptocurrency investors another investment opportunity outside the crypto world.
The HedgeUp (HDUP) team explained that its objective is to position itself as the pioneer investment platform for cryptocurrency investors to diversify and invest in other assets besides digital currencies.
The HedgeUp (HDUP) team has finalized plans to partner with established and high-end startups where HBAR holders can invest in a fraction of liquor, luxury watches, gold, diamond, and other alternative assets if they aren’t interested in owning a complete NFT.
Interested investors can take advantage of the ongoing presale of the HedgeUp (HDUP) token with a starting price of $0.09 before the token is officially launched on June 24, 2023. Only 26% of the total supply of 620,000,000 HDUP coins is available during the presale.
Find out more about the HedgeUp project: Presale Sign Up, Official Website, Community Links.
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