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Q1 Crypto Red Sea: Poldadot (DOT) and Stellar (XLM) Continue to Lose Market Shar...

 1 year ago
source link: https://cryptomode.com/q1-crypto-red-sea-poldadot-dot-and-stellar-xlm-continue-to-lose-market-share-hedgeup-hdup-presale-set-to-10x-by-june-2023/
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Since most investors have moved to HedgeUp (HDUP)’s presale in quest of getting the maximum return on their investment, projects like Poldadot (DOT) and Stellar (XLM) have been finding it difficult to survive in the ongoing bear market.

Many analysts have forecasted that the value of HedgeUp (HDUP) will rise by 10x by June 2023 as investors are favoring the project overwhelmingly.

>>> Buy HedgeUp Now <<<

HedgeUp (HDUP)

HedgeUp (HDUP)is the world’s first crypto NFT marketplace where users can trade fractional NFTs in alternative products backed by the real physical version of the products.

One of the most vital features of HedgeUp (HDUP) is that it addresses the accessibility issue of the alternative investment market.

Through the HedgeUp platform, investors can buy a fractional part of alternative products such as wine, diamonds, gold, aviation, fine art, and luxury watches for as little as $1. They may also purchase 100% of the NFTs and have the physical products delivered to any address of their choice.

When users invest in HedgeUp, they are assured that the value of their assets can only increase or decrease in line with the value of real-world products.

The platform’s native token, HDUP, powers the HedgeUp ecosystem. It also offers many other benefits, such as governance, staking, access to equity NFT releases, online master classes, and more.

As the anticipation and buzz around HedgeUp’s ongoing second presale stage continue to grow, this is the best time for any passionate crypto investor to buy the token predicted to do 10x by June 2023.

>>> Buy HedgeUp Now <<<

Poldadot (DOT)

Polkadot (DOT) is a decentralized, open-source blockchain protocol that enhances security and scalability by ensuring interoperability between blockchains.

Since multiple blockchains can work parallel in the Polkadot ecosystem, they are called parachain or Parallel chains.

Parachains rely on Polkadot’s security and transaction validation based on the proof-of-stake mechanism.

Meanwhile, the network’s main chain is called the Relay Chain, where transaction addresses are validated.

The idea is that the Parallel Chain (Parachains) and the Relay Chain are supposed to always work in tandem and exchange information.

Although Polkadot (DOT) recently deployed the v0.9.33 upgrade, it has not brought any good news for the network. The price of Polkadot (DOT) has been on declined since the start of 2023.

This steep decline has affected the project’s growth as investors seek to withdraw their money.

Stellar (XLM)

Stellar (XLM) is a decentralized peer-to-peer network often considered XRP’s main competitor. Where XRP’s target is the banks, Stellar (XLM) is a form of payment designed from the ground up with ordinary people in mind. Stellar excels in quick and inexpensive everyday purchases.

The platform’s native token is called Lumens, or XLM. Stellar is currently the #29 largest cryptocurrency by market cap, boasting a value of about $2.1 billion.

One of Stellar’s main advantages is its flexibility in moving between various currencies. In cases where the payment sender and receiver operate with different currencies, the network converts the transaction first into lumens (XLM), the native token of the Stellar network, then into the destination currency.

The ongoing bearish market has pulled Stellar (XLM) down to a level where many investors have become worried about the project’s future. In addition, the FTX disaster and ongoing Ripple-SEC lawsuit have significantly impacted Stellar (XLM).

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

None of the information on this website is investment or financial advice and does not necessarily reflect the views of CryptoMode or the author. CryptoMode is not responsible for any financial losses sustained by acting on information provided on this website by its authors or clients. Always conduct your research before making financial commitments, especially with third-party reviews, presales, and other opportunities.


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