It was just a few months ago when meme coins of all shapes and sizes had a nice run. Bitcoin touched 30k for the first time in ages, and there were a couple of weeks when many people thought the worst of the bear market was over.
As we know now, things didn’t go as planned. But quite a few users managed to hop into meme projects like Dogecoin (DOGE), ride the wave, and take some nice profits before the market got ugly again.
One such investor, who refers to himself as “Tony,” has been playing meme token volatility for years. But now he says he has a new, sustainable, and permanent home in DeFi. It’s called HedgeUp (HDUP).
Tony’s unbelievable story
“Unfortunately, I was buying pretty hard in the fall of 2021 and didn’t take profits as I should have. I mean…I took some. But I should have taken it all. Over the years, I mastered the art of buying low and selling high. I’ve turned a 5k investment into almost seven figures. But with this most recent pump, I threw in 5k and pulled out 50k. Not a bad take, in my opinion.”
While this concept is nothing new, some users are always surprised to hear it’s still going on with the same tokens people were playing with years ago. But the market is shifting. Many investors were in their teens and 20s when meme coins were at their highs.
Now, these young folks are rapidly maturing. Crypto isn’t like stocks. You can’t take years and decades to figure it out. You have months, and that’s the best-case scenario. Most people only have weeks to get it right, sometimes less.
“I’m 28. About to get married. My soon-to-be wife has made it pretty clear that she’s not going to tolerate me watching charts all day when I’m not at work. So I started looking for something I could really believe in. A token I could buy and not spend half the night tossing and turning, wondering if the worst-case scenario would happen while I slept.”
HedgeUp (HDUP): sleep tight, Tony
HedgeUp (HDUP) is a new player in the DeFi scene, planning a launch for mid-summer 2023. The first release from the team will be an innovative new NFT marketplace.
Users, for the first time ever, will be able to buy “alternative assets”. Think fine whiskies, art, and private jets. HedgeUp is offering fractional shares of these items.
When you participate in the project, you receive an NFT. This NFT is a receipt for your stake in the physical items sold on the platform. You can now hold, sell, or trade it as you see fit, like any NFT.
The physical item will be stored and fully insured by the protocol, so Tony can rest easy, knowing both his HedgeUp tokens, his NFT collection, and the physical items themselves, are safe and sound.
For more information about HedgeUp (HDUP) presale use the links down below:
Presale | Telegram | Twitter
Source: https://coinpedia.org/press-release/dogecoin-whale-now-jumps-into-hedgeup-movement/