Filecoin (FIL) And Bitcoin (BTC) Gain From New Updates As HedgeUp (HDUP) Set For A Gigantic Rise During Presale

April 17, 2023
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3 min read

If you are looking for crypto projects to invest in, you might have considered Filecoin (FIL), Bitcoin (BTC), and HedgeUp (HDUP). These projects have been in the green zone lately. However, when comparing these three projects, HedgeUp (HDUP) has stirred the market from the first week of its presale launch, compared to Bitcoin (BTC) and Filecoin (FIL).

Increased Demand For Storage Helps Filecoin (FIL)

Although the launch of Filecoin Ethereum Virtual Machine (FEVM) could not fetch significant benefits for Filecoin (FIL), the network has managed to trade in the green lately. The launch of FEVM made the Filecoin (FIL) network capable of facilitating the development of dApps. But Filecoin (FIL) has not seen any significant footfall on its network after the launch of FEVM. However, rising demand for decentralized storage in the crypto world has helped Filecoin (FIL) move higher on the growth chart. Filecoin (FIL) is the market leader when it comes to decentralized storage platforms. Filecoin (FIL) has witnessed a rise in its market capitalization in the past week. It is currently ranked 28th by market capitalization. The price of Filecoin (FIL) has increased by 7.29% in the past week. Currently, Filecoin (FIL) is changing hands at $6.14 Interestingly, its peak price was $237.24.

Bitcoin (BTC) Rises As Banks Collapse

The launch of Bitcoin (BTC) Ordinals, and the collapse of two major banks have reinfused the sense of optimism in the Bitcoin (BTC) community. Ranked 1st by market capitalization, Bitcoin (BTC) has jumped by 6% on the monthly price chart. Bitcoin Ordinals have significantly increased the adoption of the Bitcoin (BTC) network. Besides, according to experts, the fall of Silvergate Capital and Silicon Valley Bank has made the investors’ community apprehensive about the economic stability of traditional financial institutions. Hence, they have turned towards Bitcoin (BTC) for better returns. Subsequently, the market capitalization and value of Bitcoin (BTC) have increased for the past few weeks. Bitcoin (BTC) is currently changing hands at $29,415.58.

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HedgeUp (HDUP) Becomes Favorite Of Whales

HedgeUp (HDUP) is an innovative project that has made the alternative asset market more inclusive by harnessing the advantages of Web3. HedgeUp (HDUP) uses NFT technology to tokenize real-world alternative assets.

HedgeUp (HDUP) mints NFTs against real-world physical assets, such as private jets, yachts, jewelry, and others. HedgeUp (HDUP) provides users with an opportunity to own a wide range of luxurious products for just $1.0.

HedgeUp’s (HDUP) process is simple and transparent. Its experts finalize deals with third-party vendors for alternative assets, and store the products in licensed and insured vaults. HedgeUp (HDUP) mints NFTs against these real-world assets and fractionalizes them. On HedgeUp (HDUP), investors can either own a percentage of the assets, or buy 100% of the NFTs minted against them to redeem it in the real world.

HedgeUp (HDUP) tokens are built on the Ethereum blockchain. The presale of HedgeUp is live, and an HDUP token can currently be purchased for $0.0135. According to market analysts, it is a good time to book your HedgeUp (HDUP) tokens now, before it surges multifold in the next few months. HedgeUp (HDUP) will supply only 26% of the total 620 million tokens during the presale round. The HDUP tokens allocated to project founders, and the team members will be locked for 18 months.

For more information on HedgeUP click the links below:

10% Promo code: 10%HEDGEUPBONUS

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

(Official Website: https://hedgeup.io

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

This article is a Brand Press post. Brand Press is a paid service for brands that want to reach Techpoint Africa’s audience directly. Techpoint Africa’s editorial team doesn’t write Brand Press content. To promote your brand via Brand Press, please email business@techpoint.africa

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