The Elon Effect: HUH Token promise Musk 50% of token supply if he interacts with them
The richest man in the world, Elon Musk, is the mover and shaker of the crypto market. Bitcoin and altcoin investors must keep a close eye on Musk’s tweets as a few unfavorable words can send the digital currency tumbling, while a positive tweet from Musk can skyrocket its value overnight. Notably, Musk developed a fondness for Dogecoin, the Bitcoin parody which was valued at $70 billion earlier. Labelling it “the people’s crypto” and “pretty cool” in 2021 and 2019 respectively, Dogecoin transformed into the fourth-biggest crypto on the market.
At the beginning of 2021, Musk had faith in Bitcoin, having bought $1.5 billion worth of BTC and accepting Tesla payments in the form of the digital currency. Since then, Musk has acted as a catalyst for some of Bitcoin’s downfalls because he disapproves of its vast energy consumption. Musk later confirmed that he has been working with Dogecoin developers to improve the efficacy of its transaction system. In true Elonian style, the memecoin intends to become a greener alternative to Bitcoin in the way Tesla is to petrol cars.
Crypto investors’ concerns are growing in regards to Musk’s control over the financial market. The volatile nature of crypto combined with the amount of power Musk amasses in a single tweet can translate into disastrous losses for many. Of the 14,000 altcoins currently in the market, it appears that altcoins go viral if Musk simply acknowledges it. In July 2021, Musk merely referenced the vulgar altcoin, Cum Rockets, via a tweet embedded with emojis. Developed for the purpose of tipping and paying adult actors starring in X-rated content, Cum Rockets surged 350% following Musk’s ideogrammatic tweet. It’s giving the word ‘explosion’ a whole new meaning.
Newly launched ‘uti-meme’, HUH Token, is set on becoming one of the world’s top 10 cryptos. HUH isn’t just all mouth – it’s developed an advanced strategy to achieve its goal. By building a community, HUH is incentivizing its users to hold their tokens by locking in liquidity for a 2-year period and creating a two-tier referral system. HUH’s referral system enables the community to earn rewards and profit from helping it grow. Accumulating hype and allegedly partnering with social media influencers before its release, it seems to be on the right track.
But HUH aren’t stopping there – they’re appealing to Crypto God, Elon Musk, as a tactic to boost the altcoin’s value. Its website, huh.social, even has a page dedicated to Musk. HUH pledges to give Musk a wallet of 50% of its entire token supply, which is 888,000,000,000, on the basis that he interacts with them. HUH Token even provide instructions for what Musk needs to do in order to collect his virtual gold mine. HUH just want Musk to explain to the HUH community how he’d use those 444,000,000,000 tokens to “better humanity”. HUH are definitely reaching for the stars here, but they seem aware that an endorsement from Musk is a long shot. HUH Token promise to donate the coins to a cause or charity hand-picked by the HUH community if Musk doesn’t claim his 50% within a year.
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