Safeguard Your Portfolio With HedgeUp (HDUP) As Ethereum And Binance Turn Bearish

With HedgeUp (HDUP) disrupting the crypto investment space, investors are bullish that the project will yield positive growth and are seeking the latest opportunities to profit. The performance of HedgeUp (HDUP) has left investors wondering if tokens like Ethereum (ETH) and Binance (BNB) will be able to keep up.

Ahead, we will examine how HedgeUp (HDUP) has been able to achieve a lot in a short period while Ethereum (ETH) and Binance (BNB) turn bearish.

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HedgeUp (HDUP) Helps in Minimizing Cryptocurrency Investment Risks

HedgeUp (HDUP) is the new “kid on the block.” It’s a DeFi project that lets traders and investors access the gains that the crypto market upholds. HedgeUp (HDUP) aims to create a platform where users can hedge their investments and minimize their risk exposure. HedgeUp (HDUP)’s self-executing Smart contracts automatically executes the agreement terms when certain conditions are met, allowing investors to hedge their crypto holdings. This increases efficiency and reduces costs and other associated fees.

HedgeUp (HDUP) token lets you hedge against market volatility, while the HDUP token serves as the platform’s native token. HedgeUp (HDUP) is currently in its Presale stage two with its token selling for $0.013. The next stage price is projected for $0.020. According to the team, the token will aim to launch on 24th June 2023.

Ethereum’s Upcoming Shapella Upgrade May Affect ETH Prices

Shapella and Capella Upgrade is called “Shapella ” in the Ethereum (ETH) community. According to the Ethereum Foundation, the upgrade will empower users to withdraw funds through Ethereum 2.0 staking contract. The Ethereum 2.0 staking contract, initially launched in December 2020, only accepted the Ethereum (ETH) token, but this will change after the Shapella Upgrade. Since December 2020, users have deposited over 18 million Ethereum (ETH) into the Ethereum 2.0 staking contract.

Ethereum (ETH) is the second largest cryptocurrency in terms of market capitalization after Bitcoin (BTC). In the last 24 hours, the price of Ethereum (ETH) was down by 6.12%, failing to impress both traders and investors. At press time, Ethereum (ETH) trades for $1,979.01 with a 24-hour trading volume of $11,948,551,606.

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Binance (BNB) has been down 5.33% in the last 24 hours

Binance (BNB) price continues to struggle after its yearly high. In the last 24 hours, the project was down by 5.33%, dashing the hopes of investors and traders who wanted to make a quick gain. During the price loss, Binance (BNB) reclaimed the $326 horizontal area, which is now expected to provide support.

Binance (BNB) is the world’s leading crypto exchange. You can buy, sell, trade, and even stake different cryptos to make a profit. The most likely Binance (BNB) price forecast is the acceleration of the upward movement toward $357 and potentially $498. A drop below $265 could trigger a bullish outlook. As of press time, Binance (BNB) coin trades for $326.41 with a 24-hour trading volume of $800,971,217.

For more information about HedgeUp (HDUP)

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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