The last year has been challenging for crypto investors, but experts and analysts are increasingly bullish about 2023. However, lucrative pickings are still available even if the crypto winter lingers. HedgeUp (HDUP) and Ripple (XRP) look particularly well-placed and have to potential to make millions over the coming 12 months and beyond.
HedgeUp (HDUP) – The new way to invest in luxury goods
HedgeUp is a unique platform that will be the first in the crypto sphere to let people invest in the consistently profitable alternative investment market. Luxury goods like watches, wine, fine art, gold, aviation, and diamonds have made considerable gains over recent years and continue to do so in contrast to the stock market.
The sector is predicted to be worth $17.2 trillion by 2025 as investors seek to diversify portfolios, decrease volatility, and hedge against downturns in other markets. HedgeUp brings together all the major alternative asset classes so that users worldwide can easily use HDUP tokens to invest in luxury goods.
The HedgeUp NFT collection represents either individual assets or a selection hand-picked by top analysts. To make it even easier to invest, HedgeUp allows fractional NFT purchases. This means investors can get involved for as little as a dollar. The assets are stored in a licensed and secured vault, but if someone owns 100% of an NFT, they can have the item delivered to a designated address.
HDUP holders will be able to join the HedgeUP DAO and have a say in future plans. In addition, they can join the HedgeVerse online community and connect to other global entrepreneurs and investors. Staking Rewards will also be available.
Although the markets will hopefully pick up in 2023, there is still likely to be turbulence. HedgeUp is looking promising for investors as it provides a way to hedge and diversify portfolios while also providing market-beating profits. It also has the advantage of being the first platform to unite crypto and alternative investments.
Ripple (XRP) – One to keep an eye on
Ripple is a platform that facilitates global financial transactions, much like SWIFT. It can make international transfers at a fraction of the speed and cost of more traditional methods. It has proven incredibly successful since it launched in 2013 and has several major banks on its books.
Ripple’s 2023 potential is more dependent on external factors, and the price of its token, XRP, has faced considerable headwinds over the last couple of years. First, there is the case brought against it by the SEC, which many think will eventually favor Ripple. The other is the ongoing crypto winter that has affected the entire sector.
These two factors have dampened XRP’s price, and once they are removed, the price is predicted to skyrocket. Even if the crypto thaw is slower than expected, a ruling for Ripple against the SEC will likely raise its value.
HedgeUp and Ripple are very different cases – one is new and rising, and the other is hoping for a resolution in its favor. However, both have considerable potential and investors looking to make millions are advised to get in as soon as possible.
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
Source: https://www.cryptopolitan.com/are-hedgeup-hdup-and-ripple-xrp-2023s-millionaire-cryptos/