Fantom (FTM) and Monero (XMR) Start to Tank, While HedgeUp (HDUP) Grows from Strength to Strength – CryptoMode

The global crypto market is a big business, with a market capitalization of over $2.5trn and the total number of projects gradually approaching 20,000 as of February 2023, according to CoinMarketCap.

However, while thousands of crypto projects are out there, not all of them have been or will be successful.

Fantom (FTM) and Monero (XMR) used to be profitable in 2021. But with the recent bear run, both projects have failed to deliver the expected returns, and their investors are now looking for alternative cryptocurrencies like HedgeUp (HDUP).

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HedgeUp (HDUP)

HedgeUp is the world’s first crypto NFT alternative investment marketplace to provide users access to a wide range of premium products, such as wine, gold, diamonds, aviation, fine art, luxury watches, etc.

The company plans to achieve this by creating NFTs that serve as equity for investors. This means that users can buy the assets as fractionalized NFTs with as little as $1 in HDUP tokens. Those purchasing the full NFT will have their assets delivered to their destination.

Apart from trading premium assets, users will have priority access to equity NFT releases, governance and voting rights, staking bonuses, and access to online master classes.

The platform has a long-term vision to evolve into an ecosystem consisting of a crypto launchpad, an NFT marketplace, an investment basket, the metaverse, a wallet, and a banking DAO.

The platform is 100% secured as it has completed audits by two top auditing networks, Solidity Finance, and CoinSniper; this is to protect all assets and make the platform more reliable to investors.

HedgeUp is expected to grow massively in 2023, as many experts have predicted that the platform will become the next prominent cryptocurrency in 2023 and beyond.

The 2nd presale stage is now ongoing and provides an excellent opportunity for crypto investors to become part of the fastest-growing markets in the crypto market – alternative investment.

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Fantom (FTM)

Fantom (FTM) is a smart contract-enabled blockchain platform that addresses the decentralization, security, and scalability tradeoffs many blockchains face.

Fantom aims to overcome these issues and make improvements across all three with its proof-of-stake (PoS) consensus mechanism known as Lachesis.

The platform’s native token is FTM. The token will be used to vote on crucial decisions, staking, making payments and covering transaction fees.

Fantom (FTM)’s biggest breakthrough in market performance came in 2021 when it rose to an all-time high of $3.49 after announcing a string of partnerships.

The token’s price has since dropped drastically and is currently trading around the $0.41 mark. Fantom’s (FTM) price prediction for 2023 is not looking very well, with many investors looking elsewhere for a better deal.

Monero (XMR)

Monero (XMR) is a peer-to-peer digital currency designed to be untraceable and anonymous. A transaction on the Monero network cannot be linked to any user or real-world identity, as the cryptocurrency is fungible.

As you might expect, Monero’s reputation for being untraceable has made it the crypto of choice for illicit activities.

The IRS even offered a bounty to anyone who could crack it. However, Monero is not just for criminals; it has a large developer community and is a favorite of crypto enthusiasts who value their privacy.

To achieve all these, Monero uses privacy-enhancing technologies to make its users and transactions anonymous, confidential, and untraceable. However, this project is affected by the current bear market, making it’s token a less attractive choice for many investors.

For more information on HedgeUP click the links below:

Presale Sign Up: https://app.hedgeup.io/sign-up

Official Website: https://hedgeup.io

Community Links: https://linktr.ee/hedgeupofficial

 

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.