While presales are a way to raise development funds for projects, for investors they are an opportunity to accumulate promising tokens at a cheap price. This year, two presale coins have stolen almost all the investors’ attention. These are HedgeUp (HDUP) and RenQ (RENQ). Read on to find out why.
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HedgeUp (HDUP): alternative assets for everyone
HedgeUp (HDUP) is a Web3 project building an investment platform on Ethereum. This platform is, however, unique in the blockchain ecosystem. It’s the only marketplace where users can trade in alternative assets like precious metals, valuable jewelry, rare drinks, exquisite artwork, and more.
To fund its development, HedgeUp (HDUP) is running a presale of its project token, HDUP. The presale started last month and has managed to successfully complete two stages, selling more than 100 million HedgeUp (HDUP) tokens in the process and raising well over a million dollars.
The presale is currently in its third stage, where the token is selling for $0.020. Despite the increase in price from the previous stage, the demand for HedgeUp (HDUP) is yet to slow down. Investors are still buying HedgeUp (HDUP) in large quantities.
This is because HedgeUp (HDUP) is one of the strongest upcoming utility tokens. The asset will play a crucial role in HedgeUp’s (HDUP) ecosystem. For one, it will be used as the primary medium of exchange on the alternative assets marketplace. Traders will buy assets and pay fees using HedgeUp (HDUP).
HedgeUp (HDUP) is also designed to give holders benefits within the crypto and alternative assets markets. Holders will enjoy exclusive discounts and merchandise and access to HedgeUp’s online investment marketplace.
Lastly, HedgeUp (HDUP) is being tipped by crypto experts to have excellent gains before the end of the year. According to analysts, the presale token may well reward investors with returns of 3000% to 10000%.
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RenQ (RENQ): one-stop solution for traders
The RenQ (RENQ) presale has been ongoing since February 2023. The presale, which has been a success, is currently in its closing stages. It has managed to sell more than 470 million tokens, allowing it to raise $19.3 million.
RenQ Finance is a Web3 project looking to serve traders in the decentralized finance (DeFi) space. The project’s goal is simple. It wants to bring the same level of user experience (UX) found in centralized exchanges (CEXs) to decentralized exchanges (DEXs). That way, traders in DeFi will have an easier time swapping tokens.
To make that happen, the RenQ team is building what they call “a unified platform to a decentralized world.” This platform will connect all isolated blockchains. That way, it hopes to make a cross-chain asset exchange network. This means traders will be able to trade cryptocurrencies from different blockchain networks in one place.
Overall, RenQ (RENQ) is attempting to solve a real problem in the Web3 space. And seeing this, investors are willing to back the project with their money.
For more information about HedgeUp (HDUP) presale use the links down below:
Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.