The world is rapidly changing. These changes are evident and are cut across several spheres and sectors of life, including but not limited to technology, infrastructure, finance, commerce, etc. One of such advancements the world is experiencing presently is blockchain technology and this is exactly where HUH Token is positioned.
While many see blockchain technology from different perspectives, it is typically a digital ledger that records, duplicates, and distributes transactions and events, such that it is difficult to alter data it already records.
Although several public and private organizations have embraced and utilized blockchain technology, the technology is mostly used in cryptocurrencies, such as Bitcoin, Ethereum, HUH, and several others.
Bitcoin, created by Satoshi Nakamoto in 2009, was the first created cryptocurrency and as a result, spawned several other coins and tokens. Interestingly, the majority of these assets are experiencing extremely high growth. A perfect example is Bitcoin (BTC), growing from $65 in 2013 to $40k+ today, 2021, with an All-Time-High (ATH) of over $55,000. This represents over 84,776% growth, as presented by CoinMarketCap.
These, therefore, indicate that certain tokens can grow over 1000% within a very short while. However, the bigger question is, why do they exhibit such growth? Below are a few reasons:
- Incentives that make investors earn more of the token or coin.
- Supply liquidity.
- Easy integration of the coin into any Binance Smart Chain (BSC) network.
- The volume of Long-term investors.
- Withdrawal Fees and limits.
- Liquidity provisions.
- Listing on popular exchanges, such as Binance, etc.
Of course, tokens that have shown tremendous growth due to the above reasons, and even more, are numerous. Will the HUH Token be among the Greats? It is a relatively new cryptocurrency which will be launching in 2 weeks.
What is Special About the HUH Token
Although relatively new in the cryptocurrency market, HUH is steadily finding its way up the ladder, aiming to compete with other promising tokens. HUH leverages blockchain technology to create a source of passive income for all its holders and in general its community.
The token is exploring a static rewards system that majorly encourages long-term investors, using incentives to make them hold the token for much longer and consequently reducing the risk of price fluctuations caused by swing traders.
The HUH system is attempting to be fully automated and fair; you don’t need extra gas fees proportional to the value of HUH transferred.
HUH Token states that it was designed to create wealth for sociable individuals by revolutionizing traditional finance and redistributing BNB and HUH tokens to all holders using a unique referral system. Read more about HUH’s unique referral system on their website which is coming soon.
Follow them on their Socials before they Launch: