Filecoin (FIL) and Solana (SOL) are pushing back the bears with Solana (SOL) losing -8.23% and Filecoin (FIL) down by -5.61% in the past seven days; based on information on CoinGecko. It is not surprising that a new player – HedgeUp (HDUP) is attracting many investors since it holds the promise of more sustainable returns.
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Filecoin (FIL)
Filecoin (FIL) is an open-source, decentralised storage network that is based on the InterPlanetary File System. Filecoin stands out from the dominant centralised cloud storage services because it is affordable and efficient.
Additionally, Filecoin (FIL) users can install special software that allows them to store data on a PC’s hardware. Then they are rewarded with FIL tokens which they can exchange for other digital or fiat currencies. Also, FIL tokens are used to pay for the storage and retrieval of digital information on the Filecoin (FIL) network.
According to CoinCodex Filecoin (FIL) price prediction, the value of Filecoin (FIL) is predicted to drop by -2.87% and reach $ 5.43 by April 8, 2023. It also states that the current sentiment around Filecoin (FIL) is bearish.
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Solana (SOL)
Solana (SOL) is an excellent smart-contract blockchain that is fast and affordable. Also, Solana (SOL) uses a hybrid consensus (Proof of Stake and Proof of History) to validate transactions. This significantly lowers the amount of energy required to process each transaction on the Solana (SOL) blockchain.
Additionally, this distinctive hybrid mechanism has aided the efforts of the Solana (SOL) Foundation to make DeFi accessible to everyone. Thus, Solana’s (SOL) exceptional qualities have drawn traders of all sizes to the platform.
Solana (SOL) reached an all-time high (ATH) of $259.96 in November 2021. Now, SOL is priced at $22.37, about a 91% decrease. Interestingly, analysts at AmbCrypto believe that Solana (SOL) could hit $73.32 this year.
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HedgeUp (HDUP)
HedgeUp (HDUP) is an NFT-based alternative investment platform that allows users to purchase alternative assets such as diamonds, artworks, gold, etc. at low cost. HedgeUp (HDUP) mints NFTs to represent real-world assets. Users can then buy a whole NFT or fractions of an NFT depending on their financial level.
Additionally, users that buy whole NFTs can have the products delivered to their destination at no cost. Meanwhile, all the goods are stored in an insured and secured vault. Therefore, HedgeUp (HDUP) enables the everyday person to purchase asset-backed NFTs and own premium assets.
Furthermore, the HedgeUp (HDUP) ecosystem is powered by the native token, HDUP. This token is used to carry out all transactions on the platform like buying, selling, or trading alternative assets. Also, holders of the HedgeUp (HDUP) token enjoy priority access to the NFT marketplace, staking rewards, and more.
To achieve its goal, HedgeUp (HDUP) will partner with established companies to bring their products into the HedgeUp marketplace so investors can get first access and product discounts. HedgeUp (HDUP) is offering everyone a chance to benefit from this exciting and profitable industry. Don’t miss out, go to the HedgeUp (HDUP) website to join in.
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For more information on HedgeUP click the links below:
Presale Sign Up: https://app.hedgeup.io/sign-up
Official Website: https://hedgeup.io
Community Links: https://linktr.ee/hedgeupofficia