Dogecoin has surged by as much as 25% in light of another crypto announcement from Tesla CEO Elon Musk. Mr Musk is no stranger to the crypto world and has tweeted about the likes of Dogecoin, Bitcoin and Floki Inu. Today (14/12/21), Elon took to Twitter once again and said, ‘Tesla will make some merch buyable with Doge & see how it goes.’ Even though Dogecoin has often been referred to as a silly joke, it has performed well, and since Elon Musk’s tweet, Dogecoin swiftly jumped by 25%.
While Dogecoin is expected to continue to rise, not all cryptocurrencies are in the limelight for all the right reasons. One example includes the newly released HUH Token. The cryptocurrency launched its presale in November and it closed on the 6th of December. However, the presale members of HUH Nation are not happy. Here’s why.
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How Did HUH Token Fumble Its Presale?
Concerns began earlier last week when holders from the presale period began to wonder when will their tokens arrive. Anxiously, holders flocked to Telegram and social media to find out what exactly was going on. Initially, after HUH Token’s launch, they experienced extreme success with a 6000% rise in just a matter of days. However, the soaring value dropped over the weekend, which is likely to be due to the ongoing presale panic.
Today, the HUH Token creators announced that they found a fault in their payments system, which was why some presale investors had not received their tokens. Also, within the same announcement, the creators stated they are working tirelessly to resolve the issue and that they will make it up to the HUH Token community.
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How Will HUH Token Recover?
While HUH Token fumbled its presale, how they are dealing with the issue is quite commendable. They have been clear, transparent and almost overly communicative with the HUH Nation. Plus, they did the most important thing they could do (aside from rectifying the issue), apologising for the mistake. Not many cryptocurrencies would have dealt with the error in the same manner, and it will certainly come as a surprise to some that they did not try to bury the scandal. As a result of their honesty and apology, HUH Token stands a very strong chance of recovering quickly from the ordeal. This is reflected in the price, as following the announcement, the price began to rise significantly once again.
It would not come as a surprise if HUH Token emerges in the news again soon, and it is likely to be for better reasons. Perhaps HUH Token will find itself ranking among top dogs like Dogecoin and Shiba Inu, however, for now, HUH Token needs to walk before it can run.
For more on HUH Token:
Buy on PancakeSwap – https://bit.ly/3pSg09d
Website – www.huh.social
Latest HUH Token News https://bit.ly/3F6ttAV