• Crypto Spring is in the air, with Web3 projects and investors looking for the best deals.
• Cardano (ADA) and Polygon (MATIC) are expected to perform well.
• HedgeUp (HDUP) is a new project that offers alternative assets through NFTs.
Crypto Spring is in the air, with investors sniffing around for the best deals in Web3 projects. Old favorites are being discussed, but there is also new blood coming into the space. November 2021 saw Bitcoin soaring to 100k and venture capital flooding into crypto projects; however, December 2021 saw a bear market and many projects collapsed while others hunkered down until things improved.
Cardano & Polygon
Two existing crypto projects that experts predict will perform well are Cardano (ADA) and Polygon (MATIC). Cardano is a blockchain that uses proof-of-stake consensus mechanism to process transactions quickly and in an environmentally friendly manner. Polygon is a Layer 2 blockchain built on Ethereum, enabling quick and cheap transactions while benefiting from Ethereum’s security and community.
HedgeUp (HDUP), though, is still in pre sale stage. It aims to give everyday investors access to alternative assets such as art, expensive watches, exotic spirits, jewelry etc., through NFTs. In addition it will have a decentralized autonomous organization (DAO), metaverse, educational opportunities etc..
Who Will Explode?
The rising tide of the bull run will lift all boats; however some crypto projects will do better than others – Cardano (ADA) and Polygon (MATIC) are major players who have their utility and communities but they may be slow marathon runners compared to other projects like HedgeUp(HDUP).
Overall there is a sense of optimism in the crypto space as we enter Crypto spring season with Web3 projects attracting more investments than ever before. While old favorites like Cardano(ADA) & Polygon(MATIC )are expected to perform well , newcomers like Hedgeup(HDUP )are primed to explode this year providing alternative asset options for everyday investors via NFTs .