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Meme vs Utility? Utility token HedgeUp rises up to DOGE, SHIB

Meme vs Utility? Utility token HedgeUp rises up to DOGE, SHIB

Dogecoin (DOGE) and Shiba Inu (SHIB) have become popular in the cryptocurrency markets due to their meme-based appeal, with users hoping that prices will increase as more people discover them. However, these tokens are not designed for any purpose beyond trading and speculation, limiting their utility.

In contrast, HedgeUp (HDUP) is a Utility Token explicitly built for use with the HedgeUp (HDUP) platform. This platform provides users with access to alternative assets. Whether it be art, gold, antiques, or whiskey, users can easily access these alternative options using the HedgeUp (HDUP) utility token.

Let’s explore why these two meme coins can’t compete in terms of ROI, starting with Dogecoin (DOGE).

Dogecoin (DOGE)

Despite its cute appearance, Dogecoin (DOGE) is more of a speculative asset than a useful utility token. Speculative assets offer high risk and potentially high rewards, but the rewards are unpredictable and not guaranteed, and this is what we see with Dogecoin (DOGE). At best, Dogecoin (DOGE) can be thought of as an online tipping system for users to reward one another with small amounts of cryptocurrency.

Dogecoin (DOGE) has a strong community but is starting to fizzle out. Dogecoin (DOGE) will struggle to compete with cryptos with an actual utility, such as HedgeUp (HDUP), which does not have the speculative value of Dogecoin (DOGE). Rather, HedgeUp (HDUP) offers a secure, low-cost platform for users to access alternative assets.

So, Dogecoin (DOGE) should consider reallocating resources to create a unique, more attractive offering than just the meme-based appeal.

Shiba Inu (SHIB)

Shiba Inu (SHIB) is another meme coin that has gained popularity due to its humorous appearance and tongue-in-cheek branding. Shiba Inu (SHIB) is also just a joke. Shiba Inu (SHIB) doesn’t do anything useful and is primarily used for speculation. 

There are no real-world applications for Shiba Inu (SHIB). It can be considered a meme currency, which is not very attractive to users looking for a token with long-term utility.

Shiba Inu (SHIB) may be developing some fun dApps but nothing different or game-changing. Hype for Shiba Inu (SHIB) had died down since its initial surge when it was introduced to the market, making it a risky asset. Compared to HedgeUp (HDUP), Shiba Inu (SHIB) has nothing to offer in terms of utility or ROI.

HedgeUp (HDUP)

Not only do HedgeUp (HDUP) users benefit from owning the utility token for their interest in alternative assets, but just being a part of the underlying ecosystem also means they can benefit from the growth of HedgeUp (HDUP). This is because as more and more people use the platform later on, early adopters could be rewarded with their initial presale acquisition.

The team is so committed to its mission that they offer a 30% bonus. Learn more with the links below:

Presale Sign Up: https://app.hedgeup.io/sign-up

Official Website: https://hedgeup.io

Telegram: https://t.me/HedgeUpChat


Disclaimer: This is a sponsored article, and views in it do not represent those of, nor should they be attributed to, ZyCrypto. Readers should conduct independent research before taking any actions related to the company, product, or crypto projects mentioned in this piece; nor can this article be regarded as investment advice.

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