Where are HUH Token and Ethereum going? – NewsGram


2021 has been an exciting year for cryptocurrency in many ways. Bitcoin topped previous forecast to hit an all-time high of $ 70,000, NFTs were on everyone’s tongue all year, big companies like Jack Dorsey’s Square and Elon Musk’s Tesla embraced the digital currency, El Salvador even making Bitcoin legal tender.

In light of the digital transformation of 2021, 2022 should be even crazier for crypto. Yet although Bitcoin is the OG, some crypto experts believe it is better for Bitcoin to be a trailblazer due to its extreme volatility as well as concerns about the size of its carbon footprint, which Musk expressed to him. -same. This established Bitcoin’s reputation in the financial market as a quick trading gadget as opposed to a viable long-term investment. Asset-backed to reduce volatility, Ethereum and HUH Token are more promising choices for investors looking for the next big boom in 2022. Here are all the reasons why.

Ethereum is a blockchain-based technology that relies on smart contracts to execute transactions. With Ether as the native currency, the platform is considered to be more sophisticated and capable of running programs than Bitcoin. Some analysts argue that it is this feature of Ethereum that will ultimately dethrone Bitcoin as the No.1 cryptocurrency.

Arguably Ethereum’s biggest gold mine in 2022 will be NFTs. Described as the marketer’s shiny new toy by Forbes India, these limited edition digital assets are mostly sold by celebrities, start-ups and brands. Being auctioned for millions of dollars at a time, some of their items cannot be tampered with, thanks to their unique identification codes and metadata. And they can only be purchased with Ethereum. So, as the value of NFT increases, the aether will also increase, as the scarcity increases its value.

As the second largest crypto after Bitcoin, the price of Ethereum climbed over 400% in 2021. This is attributed to Ethereum’s better utility, as Bitcoin was originally designed to decentralize currency by as a peer-to-peer network rather than being efficient. Processing transactions faster and using less energy than Bitcoin, Ethereum has applicability extending even beyond NFTs in real estate, for example, and there is growing interest in what items need to be authenticated.

Thought to indicate the direction of the tech world, Ethereum attracts more developers than Bitcoin (2,300 versus 400 in 2020, according to Electric Capital). Currently working on the ETH2 upgrade, Ethereum is likely to become more sustainable, secure and scalable in 2022.

HUH has set up a referral system.

HUH Token was launched only a month ago on PancakeSwap and is now also available on BitForex, but has soared to over 6,000% in the first few days after launch. Already listed on CoinMarketCap and CoinGecko, HUH does not plan to slow down in 2022, with New Year’s resolutions to launch an NFT app and marketplace.

Building on both Bitcoin’s peer-to-peer network concept and Ethereum’s utility, HUH is developing an online community that attracts social influencers (aspiring to be noticed by Elon Musk) and social media influencers. consumers by offering monetized sentiment analysis tokens.

The usefulness of HUH is evidenced by its incentives for long-term detention. HUH has implemented a referral system where existing holders receive 10% of the first investment in the HUH token made by anyone they refer and are paid in BNB. This new approach has helped HUH Token already have more than 15,000 holders.

As society grows more aware of the impact of climate change, HUH has vowed not to be held back by its carbon footprint like Bitcoin has. Therefore, HUH has partnered with Eden Reforestation Projects to plant 1 million trees and has therefore positioned itself as a sustainable alternative to Bitcoin that aligns with consumer preferences to be environmentally friendly.

Learn more about HUH Token at:

Website: https://huh.social
HUH Official Exchange – https://swap.huh.social/
Telegram: https://t.me/HUHTOKEN
Twitter: https://twitter.com/HuhToken
Instagram: https://www.instagram.com/huhToken/

(Disclaimer: This is a sponsored article and includes sponsored links.)


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