New crypto projects use presales as a means of raising money to fund their development. One project in particular, HedgeUp (HDUP), is making the most out of its presale. Other projects such as Arbitrum (ARB) have leveraged airdops to deploy their own token.
But just giving away tokens for free can have some interesting effects. Nonetheless, both projects have built up massive hype and are seeing significant demand for their tokens.
>> Buy HedgeUp Now <<
The rise of the HedgeUp (HDUP) presale
The HedgeUp (HDUP) presale has been a success since its launch. The team behind it is in the process of building the first alternative investment platform within the crypto ecosystem. This platform will allow people from all over the world to fractionally invest in alternative assets.
HedgeUp (HDUP) leverages blockchain technology to tokenize alternative assets into non-fungible tokens (NFTs). So, on HedgeUp’s (HDUP)marketplace, you will be able to buy and sell NFTs backed by assets like luxury watches, jewelry, gold, artwork, and more. These assets are kept in a licensed and insured vault.
The project will also negotiate with third-party dealers to allow them to issue their assets on its marketplace. This will increase the variety of products available to trade in the marketplace.
To help fund all this, HedgeUp (HDUP) is selling its token in a presale across eight stages. The presale is in its second stage, with the token price set at $0.013.
The HedgeUp (HDUP) presale has been popular among investors because, for one, the token can be bought at an attractive price. Investors have already bought over 80% of the available tokens in a relatively short period.
The other reason is that HDUP is an excellent utility token with massive potential. HDUP token holders will get many benefits and opportunities on HedgeUp’s platform. The project offers different perks based on the amount of investment you’ve put into it. The bigger the investment, the better the benefits.
For those concerned with returns, HedgeUp (HDUP) has been singled out as one of the best-performing tokens to watch in 2023. This means that early investors and whales are in for massive returns in the coming months. Furthermore, HedgeUp (HDUP) will also allow holders to stake their tokens in exchange for rewards.
>> Buy HedgeUp Now <<
How Arbitrum (ARB) took the market by storm
The launch of Arbitrum’s token, ARB, was probably the most exciting launch of 2023. ARB was airdropped to early supporters and developers building on its native Ethereum Layer 2 protocol.
By releasing its token in airdrops, which essentially translates to free tokens, Arbitrum was able to build a lot of anticipation for its token. Not everybody is eligible to be part of the airdrop though. This has the effect of creating a lot of demand among those who didn’t qualify for the airdrop.
This is what happened with its March launch. When ARB launched, there was so much demand for it that trading volume went through the roof. Holders were guaranteed a profit, so this left most with a hard choice – trade the token for something else and secure profits, or “hodl” and wait for the price to continue up.
Eventually, the token price settled around $1.45, but volume is still quite high for the token. This is certainly a sign that there is a lot of belief in the project and its future within the world of DeFi.
>> Buy HedgeUp Now <<
Click the links below to find out more about the HedgeUp (HDUP) presale here:
Website: https://hedgeup.io/
Presale: https://app.hedgeup.io/sign-up
Telegram: https://t.me/HedgeUpChat
Twitter: https://twitter.com/HedgeUpOfficial
