When someone says the phrase “cryptocurrency,” one of the first terms that usually comes to mind is Bitcoin or Ethereum. These two names are also regarded as cryptocurrency’s “giants.” Bitcoin was the first cryptocurrency to appear on the market in 2009, and numerous other cryptocurrencies have since emerged, intending to follow in Bitcoin’s successful footsteps.
Billy Markus and Jackson Palmer, two software developers, decided to build their own satirical cryptocurrency, Dogecoin, in 2013. The payment mechanism was initially designed as a joke, but after several tweets of support from Elon Musk, the coin exploded in popularity. Since then, there has been a constant war between utility cryptocurrencies and meme cryptocurrencies. Few have succeeded to bridge the gap between the two, but the recently established HUH Token intends to do just that.
What Exactly Is HUH Token?
HUH Token is a new cryptocurrency that will use blockchain technology to ensure that everyone can have the opportunity to earn unique rewards and profits. According to the developers, their goal is to “disrupt the current quo and establish a source of income for everyone.”
HUH features an innovative and user-friendly referral system. This referral system has the potential to revolutionise the game entirely. According to the founders’ website, they have invented a means for you to make additional money passively using a one-of-a-kind referral system. The idea is that if you refer someone, you will receive 10% of their first purchase. However, the benefits don’t cease there as your referee will enjoy a sales fee deduction from 20 per cent to 10 per cent.
Historically, more respectable cryptocurrencies have paid out dividends to more affluent investors. As a result, a more considerable initial investment is generally necessary to achieve any significant profit. Unfortunately, this is not something that everyone can perform, and the creators’ of HUH Token are hoping to turn this tradition on its head and make cryptocurrency accessible to all.
What Makes HUH Token Special?
If HUH Token is to compete with Bitcoin and Ethereum, it must first establish itself as a reliable source of investment. Which raises the question, what distinguishes HUH Token from other new cryptocurrencies? Here are seven reasons why HUH Token feels it is more than just a cryptocurrency.
A one-of-a-kind referral system designed to deposit cold, hard cash directly into your bank account.
- The first cryptocurrency that distributes both BNB and Token.
- Refer someone and receive a permanent sale tax discount from 20% to 10%.
- Refer a friend and receive 10% from their first direct purchase in BNB.
- You can recommend as many individuals as you want.
- The system is intended to generate more riches for future generations.
- The HUH Token has a one-of-a-kind roadmap.
The developers emphasise that their token is not a get-rich-quick scheme; therefore, the objective is to save the token for the long haul.
What Do Investors Hope For in 2021? Stability vs Volatility
The cryptocurrency sphere is particularly unpredictable, and individuals are less likely to place themselves in unduly dangerous or volatile positions following the previous year and a half. As a result, industry analysts anticipate an increase in the popularity of cryptos that provide more stability. This is where HUH Token comes into play, as the HUH token contract features a static rewards structure that incentivises its network members to keep the token, reducing the possibility of significant price changes due to market swings and movements. So, if market analysts are correct, HUH Token has selected an advantageous time to begin its initiative.
Finally, some thoughts.
HUH has a sophisticated referral system that will allow it to thrive and stay ahead of the competition. In addition, the approach has considerably lowered the risk of volatility associated with cryptocurrencies, making it more accessible to a broader spectrum of investors. Whether you are new to the crypto industry or a seasoned player, this referral system has the potential to revolutionise the game entirely. Perhaps one day, these exciting elements of HUH Token might propel the crypto to the same heights as cryptocurrency powerhouses Bitcoin and Ethereum.
Before the launch, follow HUH Token on social media: