Apart from the crypto money market, we can say that there is no other market in the world where prices have increased by more than 77.5 million percent in a year. Meme coin, Shiba Inu showed us this. If you had invested $1,500 in a Shiba Inu a year ago, you would have made more than $1 billion in profit today.
But since the Shiba Inu has few practical uses, its price has also skyrocketed, mainly due to the hype. A repeat performance of this magnitude is almost impossible. As a result, it will be able to offer new opportunities; Ethereum, Solana and HUH Token may offer better options for cryptocurrencies investors.
HUH Token
The most promising looking cryptocurrency on this list seems to be the HUH Token, mainly due to the fact that it is about to be launched. If the success story of the Shiba Inu has taught us anything, it is that starting early is a necessary step. HUH Token It targets $1 million in locked-in liquidity when it launches on Dec. Two well-known cryptocurrency exchanges, PancakeSwap and Uniswap, have agreed to list this exciting new coin with $500,000 in liquidity locked for two years, something not many cryptocurrencies do.
The idea behind locked-in liquidity is to increase investors’ faith in this token and is important for its stability. To further strengthen this sentiment, HUH Token offers a referral program. Referring new traders to HUH Token via a unique code is rewarded with 10% commission on their first investment as Binance (BNB). Holders of this code can continue to earn BNB indefinitely with each new referral.
HUH Token is currently on pre-sale and its founders seem determined to emulate the tremendous growth and success of Shiba Inu. HUH Token is also said to have signed with thousands of social media influencers.
Ethereum
When looking for value, it’s hard to find a crypto with stronger fundamentals and practical features than Ethereum. Programmers can create their own blockchain using Ethereum’s distributed ledger technology. Smart contracts are computer programs that are automatically executed according to predetermined criteria. This means that the network can run smart contracts as well as hold transaction data. Decentralized finance (DeFi) applications are built on this technology and enable borrowing, hoarding and lending bitcoin.
In addition, DeFi services provide a cheaper and more inclusive financial system by eliminating the need for intermediaries such as banks, thanks to blockchain technology. As a result, there are currently $170 billion in locked Ethereum DeFi products, an increase of more than 1,000 percent from November 2020. As a result, the Ethereum blockchain is by far the most popular DeFi ecosystem.
wither
Like smart contracts and other decentralized applications, Solana can run on programmable blockchain like Ethereum (dApps). Solana was built to be faster and more scalable than other platforms, which could lead to a massive increase in popularity in the future. Meaning can be sought to understand why this is important. The second step of the Ethereum upgrade will occur in 2022. More computing resources are used to distribute the workload to increase throughput. There are currently 30 transactions per second (TPS) on the Ethereum network, but this will expand to 3,000 TPS once the first phase is complete.
But Solana can manage 50,000 TPS. Solana is now the world’s fastest blockchain with near instant turnaround times and staggering throughput. Scalability develops as a result of the network’s ability to handle more traffic than other alternatives. Currently, Solana’s DeFi products are valued at $14.1 billion, making it the third largest DeFi ecosystem after Ethereum and Binance Exchange. There could be a spike in Solana’s price if demand for DeFi services increases and the Ethereum network fails to keep up.
Follow HUH Token on Social Media before launch:
Telegram: https://t.me/HUHTOKEN
Website: https://huh.social
Twitter: https://twitter.com/HuhToken
Instagram: https://www.instagram.com/huhToken/
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