While cryptocurrency markets remain sluggish, certain currencies continue to see considerable growth. For example, the Sandbox is a play-to-earn game that leverages blockchain, DeFi, and NFTs to enable players to develop and modify their own games and digital assets. Following the introduction of SAND Alpha, the Sandbox (SAND) has seen an increase in on-chain activity. Another cryptocurrency doing well at the moment is EverGrow, which launched eight weeks ago and has around 100K Token holders. A newer cryptocurrency to hit the scene is HUH Token, which launched on the 6th of December and has already enjoyed a growth in value by 1000%.
The entry hurdle to the Sandbox (SAND) has increased dramatically, and a virtual property was just sold for $4.3 million. Additionally, EverGrow Token intends to launch its play-to-earn game in the coming months. Long-term vision is an essential ingredient for building trust among the crypto community. HUH Token has a unique roadmap that aims to create an NFT Market Place, a HUH Social CRM System and a GIG Generating Market Place.
Why Is HUH Token Rising So Fast?
Considering that HUH Token had only launched a few days ago, it appears to be gaining traction at a significant rate. So why is this the case? It is difficult to pinpoint the answer right now, but there are a few components of HUH Token that seem to be a topic of conversation. Firstly, their referral scheme is being referred to as ‘revolutionary’ and a ‘potential game changer’. If you refer someone, you will receive 10% of their first purchase in BNB. In addition, the referee will get a reduced sales fee from 20% to 10%. What’s more, you can use your referral code as many times as you like and continue to enjoy 10% of every first purchase from your referees. This aspect has been talked about a lot on Telegram, Discord and in the press as it has never successfully been done before.
The ethos HUH Token has is ‘to hold until gold’, which is due to the static reflection. Static reflection refers to how people who have acquired and held HUH Token obtain more tokens. Therefore, as an individual’s holdings of HUH Token grow, the value of their portfolio has a greater possibility of improving if the price of HUH Token remains flat or grows.
The longevity of HUH Token’s roadmap seems to suggest that HUH Token will not simply be a flash in the pan. The launch was a big success, and this has placed HUH Token among EverGrow and The Sandbox as some of the fastest rising cryptocurrencies in 2021.
