The crypto universe is constantly expanding, much like our own universe, with no end in sight. As long as cryptocurrencies, such as Waves and Superfarm, continue to generate profit, the public will have to learn to utilise cryptocurrencies to benefit their lives.
Examining the success or failure of past cryptos is a helpful indicator to find out which future projects may be worth investigating further in the hopes to generate some significant profit.
HUH Token is showing signs of being one of these cryptos with excellent prospects. Their presale is coming to an end, they already have approximately 2-3 thousand holders and this number will continue to grow until the very last moment.
Waves was developed with versatility in mind. It is a multi-purpose blockchain platform that can support a variety of uses. The prominent use cases include both decentralised applications, otherwise known as DApps, and smart contracts.
A smart contract is an agreement between a buyer and a seller, and it is executed without the need of a third party. It is all programmed into the contract.
Waves cryptocurrency, appropriately named WAVES, is a native currency used on their network. It is used for standard payments. An example would be block rewards. Waves is available to purchase on Binance, OKEx, Upbit, Huobi Global and Mandala Exchange.
Assuming a $1000 input to Waves, we can figure out the coin’s profitability over time. Purchasing at $0.1227 and selling at its high price of $41.33 would have provided a return of over $330,000. A life-changing amount of money.
The time difference between the purchase and sale was reasonably high in the case of Wave, demonstrating that sometimes long term projects are more valuable than trying to time unpredictable spikes.
SuperFarm is primarily a cross-chain decentralised finance protocol. This is often abbreviated to DeFi. SmartFarm has created a way that allows users to launch non-fungible tokens (NFTs) without using complex programming. You can buy SuperFarm on Binance, Uniswap, Quickswap, HitBTC and Gate.io, to name a few.
An NFT is a set of unique data that is stored on a digital ledger, they are easily reproduced in various media formats but the ownership rights are tracked on the said blockchain. Meaning that only one person can own the original version of the NFT despite others using it. The blockchain keeps a record of who currently owns it.
Using the same $1000 as mentioned for waves, and the assumption that the purchase was made at the lowest price while the sale was made at the highest. An investment into SuperFarm would have returned ever so slightly more than $4300.
SuperFarm has had a lower price than the one used in the calculation. However, this occurred after the greatest price and as a result, you would not be able to sell at that price.
HUH Token is another opportunity that could follow the likes of Wave and SuperFarm. The creators have presented the crypto as a ‘utimeme’ Token, combining aspects of a meme currency and one with utility. Joining their presale will give buyers a greater chance of maximising the benefits that HUH Token can provide.
HUH Token has gathered a vast number of holders due to the features that come along with the token. One of the most widely discussed topics is its unique referral system.
Once the token is live, you will be able to use the referral code given to you upon linking your wallet to their website to invite others to become holders of HUH Token. If they purchase HUH Token, you will receive 10% of that first purchase redistributed as BNB.
This will provide security to those utilising the referral system by creating two streams of income. The best traders often spread their risk by buying different types of cryptocurrency. If both currencies appreciate, then the owner of the wallet would receive double the profit.
In addition to this simply holding any amount of HUH Token will generate you more. Whenever others buy or sell HUH Token a small fee is attached, this fee is reallocated to every HUH Token wallet. Therefore, as the trading volume increases so will the amount of HUH Token you own. Leading to an increase in your portfolio value as HUH Token increases in price.
Waves and SuperFarm, among others, have taught the public that joining projects early can result in profits that could change an individual’s life. HUH Token has shown that it has the ability to create wealth for those without much purchasing power. Will the public watch another opportunity pass them by like so many cryptos before?
