With Christmas only days away it’s no wonder that people are looking into the cryptocurrency world for some gifting inspiration, whether that’s a gift from you to you, or one from HUH To you.
Though, whether you were to choose HUH Token or Ring this crypto season, you might be interested to know why these two newcomers on the cryptocurrency market have caught the eye of thousands and managed to skyrocket to the moon in such a small space of time.
Crypto Christmas is in full swing, and you could be joining the much need party with HUH Token and Ring.
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Ring-Ring, It’s Crypto Christmas Time!
You might be wondering why choosing a newcomer, like Ring, this crypto Christmas could be a better idea than choosing a crypto whale like Bitcoin? The answer could be quite simple, and that’s because newcomers have the potential of a fresh patch of snow ahead of them and plenty to go around.
Ring, at the time of writing this article, had amassed over $33million in a 24hour trading volume window, which is some pretty good going for a newcomer… in fact, because of this, Ring ranked on PancakeSwap as one of the top tokens this week. Just in time for Crypto Christmas you might be thinking.
Ring is a DeFi which, through a yield processing node endeavour to reduce fees for holders, and potentially manage the risk of cryptocurrency investments by spreading your investment over numerous locations.
This essence of a multichain for greater protection from the volatility of the cryptocurrency market is shared by HUH Token also.
The idea of the multichain is to bring in a new age of crypto, wherein, investment is potentially less volatile as the idea of crypto regulation is on the tongues of most of finances most prominent.
In fact, Robert Courtneidge a financial expert said that crypto requires ‘close international collaboration across jurisdictions to solve interoperability challenges, and between private and public sectors to define an optimal model that mitigates the potential for banking disintermediation and downstream impacts’
Though it seems, that so far, Ring and HUH Token have managed to use their multichain technologies to their holders’ advantages.
HUH, Another Increase?
By now, you’ve probably already heard about HUH Token and may even be holder, though if you’re not, HUH Token could be the crypto Christmas gift you’re looking for.
HUH Token saw an impressive 2500% increase since its December 6th launch, and amassed over 12,000 holders in the process with aims of substantial growth to 1 million holders in just 3 months… though how will these aims be met?
HUH Token personally burned $4million worth of their own supply of HUH Token which, as is the process of burning currency, created a value increase for their holders and therefore future holders of HUH Token as well.
Not to mention their brilliant multichain technology (Ethereum and Binance), HUH Token also offer a smart contract referral system where holders will receive a code that generates 10% sales fee reductions for those who are referred to HUH Token and grants the holder of the code a 10% BNB bonus.
With cryptocurrencies growing aims of growth and acceptance in broader fields of finance it’s no wonder the likes of HUH Token and Ring are using multichain technologies and hoping to reduce fees for holders whilst boosting reward systems.
If you’d like to know more about the cryptocurrencies in this article you can either visit the links below, or simply Google the names that entice you!
Remember, investing in cryptocurrency should be your decision and yours alone after some lengthy research into the projects you like the look of.
