• Crypto Spring is in the air, with a bullish market predicted for Web3 projects.
• Old favorites such as Cardano (ADA) and Polygon (MATIC) are being talked about, but new blood is right around the corner.
• HedgeUp (HDUP) is an upcoming project that will give everyday investors access to alternative asset speculation through NFTs.
Crypto Spring on the Rise
The future looks bright for Web3 and investors are sniffing around for the best deals. November 2021 was particularly bullish, with many predicting Bitcoin would soar to 100k by the end of 2021. However, December brought a bear market and many projects collapsed or hunkered down while waiting out the storm. Now consumer confidence is back up and projects are preparing to go live again.
Two old crypto favorites that experts predict will perform well this year are Cardano (ADA) and Polygon (MATIC). Cardano (ADA) uses a proof-of-stake consensus mechanism which makes it environment friendly while also processing transactions quickly. Polygon (MATIC), meanwhile, operates on Ethereum’s Layer 2 blockchain to make transactions quickly and cheaply while taking advantage of Ethereum’s security and community.
New Blood: HedgeUp
HedgeUp (HDUP), though still in pre sale, brings a unique concept to cryptocurrency investing: alternative asset speculation through Non Fungible Tokens (NFTs). This means everyday investors will have access to assets like art, watches, spirits, jewelry etc., that were previously only available to affluent investors. In addition HedgeUp has plans for a decentralized autonomous organization(DAO), metaverse and educational opportunities for its users.
Who Will Explode?
While all boats may rise in this bull run , some projects will inevitably do better than others; both Cardano(ADA)and Polygon(MATIC)have strong communities and utility but may be long-term investments rather than short term gains . On the other hand , Hedgeup provides immediate access to alternative assets – something no other platform currently offers – making it likely to explode in popularity in 2021 .