Investing has undoubtedly evolved into a different beast during the past several years. Meme coins, cryptos, and NFTs have injected new life into the crypto world while simultaneously creating millionaires in months.
Apart from Ethereum (ETH) and Cardano (ADA), the other prominent cryptocurrencies at the moment are Shiba Inu (SHIB) and Dogecoin (DOGE). These two coins grabbed a lot of attention in 2021. SHIB and DOGE are fundamentally distinct technologies, though neither is incredibly unique or unusual.
However, since HUH Token (HUH) advances the notion of meme currencies and clearly demonstrates the value of a social media platform, it is more appropriate to refer to it as a Utimeme. Numerous cryptocurrency investors have earned millions with meme coins, and you, too, can profit from a meme token investment. Let us examine how.
Is Dogecoin (DOGE) Still a Strong Buy in 2022?
Dogecoin’s (DOGE) extreme volatility over the last year may cause investors to shudder, but investing in something that may soar or crash in a matter of minutes takes a strong attitude.
As with any other currency, Dogecoin’s value is determined by its widespread use as a means of trade. While numerous small businesses are already taking Dogecoin as payment, the cryptocurrency may have more rallies but lacks value.
Dogecoin is now trading at $0.135, according to CoinMarketCap, and has already returned more than 240x its initial investment. DOGE may severely decline in the next few years due to its lack of usefulness and reliance on hype.
Is Shiba Inu (SHIB) a Strong Meme Coin to Watch?
The overwhelming majority of cryptocurrencies have no practical use in the real world. However, SHIB’s real-world engagement is quite limited. Even though it is one of the top 15 cryptocurrencies in terms of market capitalisation, relatively few merchants globally accept it as legal tender.
Short-term investments such as Shiba Inu can earn a lot of money in a short period, but they often fall tremendously.
SHIB may be an intriguing new cryptocurrency, but it may also be risky. A far safer strategy is to purchase healthy, utility-oriented assets and keep them for the long term.
The Union of Utility and Meme Coin: Huh Token (HUH)
Have you ever considered monetising social media content but could not locate the right platform?
The HUH social app, backed by the HUH Token, is poised to transform the social media landscape by redistributing power to social media users. It will be a truly decentralised social media network for users.
Given that social media platforms get a large chunk of their money from user activity, it is only reasonable that they share some of that revenue with their users.
However, most social media networks now neglect users, and competition is fierce, making it very tough to make a living on such platforms.
On the other hand, the HUH social app is open to everybody and will reward social media users for releasing their NFTs in the form of music, material, and other kinds of creativity. Additionally, it will host a Metaverse dubbed MetHUH, which will allow users to effortlessly organise virtual events.
What Makes HUH Token (HUH) a Strong Buy?
HUH token (HUH) will enable users to refer to adding new content providers. Users will be suitably compensated for such referrals in additional tokens.
Additionally, all participants will receive transaction costs, and users will be able to gain influence points and exchange them for tokens. The HUH social app was created with the present generation in mind, and even the name HUH hints at the company’s marketing approach.
To minimise the possibility of a rug pull, the liquidity pools on the HUH network are locked for two years. The HUH swap will enable users to simply acquire the token and move it across blockchain networks with a single click.
Conclusion: Should You Invest in these Tokens?
Suppose you’re looking to develop a long-term portfolio. In that case, you can purchase a few Dogecoin and Shiba Inu. Still, the proper investment is Huh Token (HUH), which mixes fun and usefulness and has the potential to be a game-changer.
Although HUH token has passed the presale period, it is still available on several decentralised exchanges, including Uniswap (UNI) and PancakeSwap (CAKE).
Do not miss out on this once-in-a-lifetime chance. Crypto values tend to surge rapidly, and buying such tokens early is often a solid strategy for capitalising on the next crypto bull run.