There is no doubt that 2023 has been an exciting year for cryptocurrencies already. With new cryptocurrencies popping up everywhere and old cryptocurrencies struggling to stay afloat, it can take time to figure out where to turn next for a suitable investment alternative.
If there’s one thing abundantly clear from crypto investment, you must be careful when picking a new crypto to add to your portfolio. No one wants to invest heavily in a coin that isn’t going to do well in the long run.
As Bitcoin (BTC) investors pray fervently for the coin to reach $30,000, some old and new coins have surprised investors by staying ahead of the curve. Examples of such cryptocurrencies are Filecoin (FIL) and HedgeUp (HDUP), respectively. Let’s dive into what Filecoin and HedgeUp are doing right to see such huge gains.
HedgeUp (HDUP) Investors Keep Smiling to the Bank
HedgeUp (HDUP) has surpassed all expectations since the beginning of its presale by bringing a new approach to how investments are handled. You’d be hard-pressed to find a crypto project that has evolved enough to help investors solve the diversification problem.
There are high hopes for HedgeUp (HDUP), as it makes alternative investments more accessible to all investors. The crypto world now has a bridge to alternative assets in different sectors. This alternative asset class allows investors to diversify their portfolios without having a high net worth.
HedgeUp (HDUP) has several practical applications, particularly because traditional fiat investments can now exist in the same space as crypto investments. In addition, HedgeUp (HDUP) community members can interact with other means of investment worldwide. Hence, users can dabble in highly valuable investments and gain profits in the future.
Through its current presale phase, HedgeUp (HDUP) may surpass several milestones in the crypto market when it is finally launched.
Investors are also part of private investment opportunities, as the NFT marketplace only allows partial investment in alternative assets. This means that investors can have fractional ownership of their chosen assets.
The HedgeUp (HDUP) DAO is another property that encourages members of the crypto market to invest in HDUP by offering a chance at control and governance within the HedgeUp community.
Filecoin (FIL) Keeps its Head Above Water
Few cryptocurrencies use decentralization to solve problems like Filecoin (FIL). It allows users to trade storage space through a decentralized market where Filecoin (FIL) is used to pay for the services. Users who require more storage space on their devices can buy it from storage providers within the Filecoin (FIL) ecosystem. The storage providers come on board the network in exchange for FIL tokens equivalent to their contributions.
Filecoin (FIL) offers more accessible alternatives to traditional storage services. Filecoin (FIL) offers its users more control through its decentralized network backed by a functional cryptocurrency.
Bitcoin (BTC) Holders Hope for the Crypto’s Rise
Many cryptocurrencies have suffered a downward trend in the first quarter of 2023, and Bitcoin (BTC) is one of them. The pioneer cryptocurrency has struggled to reach the $30,000 mark since the start of the year, and investors wait with bated breaths for the coin to rise again.
Despite a few setbacks, Bitcoin (BTC) remains at the top of the crypto chain, as only a few coins have enjoyed as much success as it has.
Even as Bitcoin (BTC) tries its best to surpass $30,000, consider investments like Filecoin (FIL) or a newer crypto like HedgeUp (HDUP), which is getting ready to experience higher gains in 2023.
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
*This article was paid for. Cryptonomist did not write the article or test the platform.
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