Currently, cryptocurrency is growing in popularity at an extreme rate. While it is not a new phenomenon, it is receiving more attention than ever before. With influencers beginning to promote various coins and tokens, cryptocurrency is now accessible to anybody. HUH, Token and Floki are two cryptocurrencies that are currently garnering a lot of attention. Both are long-term coins with significant profit potential, but which one should you invest in?
A Brief History of HUH Token
HUH Token is a new cryptocurrency that uses blockchain technology to give everyone a chance to gain unique rewards. The creators have stated that their mission is to 'challenge the status quo and create a source of income for everyone.
How Does HUH Token Work?
HUH has an intelligent referral system that anyone can use, whether you are a beginner to the crypto scene or a well-seasoned pro, this referral system threatens to change the whole game. They state on their website that they have created a way for you to earn cold hard cash straight into your wallet through a one-of-a-kind referral system. The concept is that if you refer someone, you then get 10% BNB from their first purchase. If the person you refer goes on to refer to someone else, you also get 2% of that person's purchase too. The rewards don't stop there, as you both receive a discount sales tax from 20% to 10%.
A Brief History Of Floki
Floki is a meme cryptocurrency that was developed in August 2020 by an anonymous creator under the pseudonym Ryoshi. In June 2021, Elon Musk tweeted a photo of his puppy Shiba Inu and captioned it, 'My Shiba Inu will be named Floki'. This caused a huge influx in the price. Currently, Floki trades at $0.00007731 and has a trading volume of roughly $16 million.
How Does Floki Work?
Floki Inu was first released on the Ethereum blockchain, and now it is also available on the Binance Smart Chain (BSC), making it one of the few crypto projects with this capability.
Stability VS Volatility
To understand which cryptocurrency you should invest in, you need to work out what you hope to achieve with your intended investment. For instance, if you are looking for a quick fix for cash, then HUH Token is not the crypto for you. The anonymous creators of the token have been firm in asserting that their cryptocurrency is not a get rich quick scheme. Instead, HUH Token is designed to be held onto for the long run to maximize potential profit. There's no denying that Floki has long-term potential, however, it is still more volatile than HUH Token.
Ultimately, both Floki and HUH Token have the potential for significant long-term profit. However, based on industry trends, HUH Token seems to be on the edge of a price explosion. So, purchasing the token now, while it is still at a good price is the best way to make sure you get more for your money. It is recommended that you get the token now when the price is still low because you will get more value for your money. You must think quickly and move soon to thrive in the cryptocurrency game, therefore don't let this opportunity to invest in a very promising cryptocurrency pass you by.