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We’re in the second quarter of 2023. Many experts think the next bull cycle will start before the end of the year. This means that investors are already looking for tokens that will provide them with the best returns. To this end, analysis shows that HedgeUp (HDUP) is set to break a record with 10x gains – and that’s just within its presale. Returns could be higher when the token launches.
In other news, Arbitrum (ARB) and Filecoin (FIL) have seen their market caps drop in the last several weeks. Do the two cryptocurrencies have what it takes to regain their earlier levels?
HedgeUp (HDUP) set to break a record
HedgeUp (HDUP) has made a name for itself in the DeFi space as one of the top tokens of 2023. The token’s presale, which was launched in April, has been selling out stage after stage. So far, the presale has managed to sell more than 115 million HDUP tokens. It is currently in stage 3, where it will see the sale of 41 million more tokens.
HedgeUp’s (HDUP) price at this stage is $0.020. The presale originally launched with a price of $0.009. This means that at just the third phase, HedgeUp (HDUP) has already given its investors a 120% net return on investment (ROI).
The presale will go on for five more stages. Each stage will see the price raised by a small amount. But by the end of the presale, these small price increments will have accumulated into some of the best gains in the market.
HedgeUp (HDUP) plans to sell the token for $0.09 at the end of the presale. This will represent gains worth 985.56%, which is almost 10x the original investment.
But HegdeUp’s (HDUP) value is not limited to its potential gains. The token is backed by some really robust utility thanks to the innovative project it supports. This is a Web3 alternative investments trading platform that leverages blockchain technology to let users buy and sell alternative asset classes from the comfort of their devices.
No other such platform has ever been created in the world. This gives HedgeUp (HDUP) an edge over other DeFi tokens. So when it finally releases on the blockchain, the token’s value will probably go on to achieve even greater heights.
Will Arbitrum (ARB) and Filecoin (FIL) regain market cap?
While HedgeUp (HDUP) looks set to break records, there is a slight question mark on the futures of Arbitrum (ARB) and Filecoin (FIL). The two cryptocurrencies have been in a slump, causing their respective market cap values to drop.
Data obtained from CoinGecko shows that ARB, the native cryptocurrency for the Arbitrum protocol, had a market cap of $2.1 billion a month ago. But in the days since, Arbitrum (ARB) has lost around $600 million to settle at a market cap of $1.5 billion.
It’s the same story with Filecoin (FIL). The once-promising project has seen more than $700 million shaved out of its market cap within a month. Filecoin (FIL) currently has a market cap of $1.89 billion all the way from $2.64 billion this time last month.
Fortunately, the market is expected to recover before the end of the year. So, Arbitrum (ARB) and Filecoin (FIL) will have plenty of chances to regain their market caps.
For more information about HedgeUp (HDUP) presale use the links down below:
- Website: https://hedgeup.io/
- Presale: https://app.hedgeup.io/sign-up
- Telegram: https://t.me/HedgeUpChat
- Twitter: https://twitter.com/HedgeUpOfficial
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