HUH Let the Dogs Out – HUH Token (HUH) vs Dogecoin (DOGE) vs Shiba Inu (SHIB)
Meme coins have grown in popularity in the cryptocurrency world. Dogecoin (DOGE), for example, achieved an all-time high of $0.73 in the third quarter of 2021, following billionaire Elon Musk’s Twitter endorsement of the coin. Shiba Inu (SHIB) is another cryptocurrency with a market capitalisation of more than $12.5 billion.
Despite their popularity, meme coins have been chastised for failing to transcend their status as a “meme.” Furthermore, they are exceedingly volatile because the value of these tokens is solely determined by speculation. HUH Token (HUH) is the world’s first “UTIMEME” cryptocurrency, combining the popularity of meme currencies with the real-world usability of utility coins.
What is HUH’s utility?
HUH Token (HUH) is useful in a variety of ways. The token will be the primary payment for the MetHUH, a social network that allows firms and influencers to communicate without the need for an intermediary. Furthermore, the MetHUH will provide an NFT marketplace where digital things may be purchased and sold using the HUH Token (HUH).
HUH Token (HUH) aims to attract users with its rich rewards programme. The HUH referral incentive scheme allows all HUH Token (HUH) holders to refer others to the platform and be compensated for doing so. To create returns, anyone can share a referral code.
Tokenomics
HUH Token (HUH) has a unique design. While Dogecoin (DOGE) is a fork of the Litecoin (LTC) network and uses the Proof of Work (POW) method, the HUH Token (HUH) uses a multi-chain protocol, which means it is usable on more than one blockchain. HUH is based on the Binance Smart Chain and the Ethereum networks. HUH holders can smoothly transfer between the two chains using an ETH-BSC bridge with a 1:1 swap and no transaction fees.
Should I purchase HUH Token (HUH)?
Despite some of the risks associated with meme coins, several of them have proven to be quite profitable. Shiba Inu (SHIB), for example, increased by up to 70,000,000% in 2021. While such large increases are uncommon, the value provided by HUH Token (HUH) is and as such should be taken seriously.
While meme coins may appear to be one-dimensional, HUH Token (HUH) has been developed to provide real-world utility in which users’ data ownership is respected and they are adequately compensated for content and engagement exchanges.
At the time of writing, the HUH Token (HUH) price is about $0.000006, which is much lower than the token’s all-time high of $0.0002023 in Q4 of last year. While this drop-off may imply a loss of faith in the project, the team has proposed a defined plan and has previously delivered on its promises. When the suggested utility is implemented, we may notice a price increase in the future.
Learn More About HUH Token Here:
Website: https://huh.social
HUH Official Swap: https://swap.huh.social
Telegram: https://t.me/HUHTOKEN
Twitter: https://twitter.com/HuhToken
Instagram: https://www.instagram.com/huhToken/