With so many cryptocurrencies on the market, it’s difficult to predict where the next major crypto craze will emerge. HUH Token is one cryptocurrency that is attempting to break through the noise and produce “real-world value.”
HUH Token, which is now in pre-sale, will be launching on PancakeSwap and Uniswap on 6 December.
The creators of HUH Token claim that the cryptocurrency will be more than a “meme” token, claiming that it will provide real-world value by linking the distribution system to Binance. By using a unique referral code, token holders can recommend friends and receive 10% of their initial investment as BNB.
This “real-world link” has already enticed investors, with the company claiming that pre-launch purchases were so overwhelming that payment systems briefly crashed. Since then, the company has partnered with “Now Payments” to ensure that future transactions go as smoothly as possible.
Since their introduction, the value of Doge and Shiba Inu has skyrocketed. Holders would have made millions of dollars with a $1000 investment.
The two coins, which began as a joke about the world’s richest man, Elon Musk, have now made it onto the list of the most expensive digital assets.
According to CoinMarketCap, Dogecoin now has a market cap of nearly $33 billion after launching at the end of 2013, while Shiba Inu, its progeny, has a market cap of $29 billion since its introduction in August 2020.
More cryptocurrency exchanges are allowing SHIB to trade on their platforms, which is one of three reasons for Shiba Inu’s recent success. Improved liquidity, higher brand recognition, and a growing community are all benefits of enhanced accessibility.
The second reason was the July 2021 debut of ShibaSwap, a decentralised exchange that would have enticed some investors.
The third reason is that Elon Musk tweeted a picture of his Shiba Inu puppy, which immediately caused a spike in meme coins.
Despite these life-changing profits, Shiba Inu isn’t notably different from other cryptos.
Good cryptocurrencies should be able to do financial and non-financial transactions faster and cheaper than existing infrastructure, while also democratising the process so that everyone may participate. While Shiba Inu has the latter, it is a niche payment coin with just about 100 merchants worldwide accepting it. Thus, in the long run, Shiba Inu is indistinguishable from any other cryptocurrency.
HUH Token’s creators will surely want to replicate the power of Shiba Inu’s strong community, which is the main reason that it continues to garner support and investment. HUH Token is rumoured to have signed over 3000+ top social media influencers to propel the new crypto forward.
When you combine these facts with HUH Token’s unique Binance offering, you’ve got yourself a serious challenger for the next meme crypto boom.
Follow HUH Token on their Socials before they Launch: