Crypto Investors Crave World's Oldest Assets and HedgeUp (HDUP) Has a Rush of Holders Due to Asset-Backed NFTs

Investors are going old school. They are returning to gold as they look to diversify their investments away from volatile cryptocurrencies like Bitcoin (BTC). This has caused an overnight rush to a certain Web3 project that promises investors the opportunity to do just that.

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People are Googling ‘how to buy gold’ in record numbers

Google Trends data cited by The Wall Street Journal shows there have been a record number of Google searches for the phrase “how to buy gold” in the past 30 days. It seems that today more than ever, people are looking to take one of the oldest investment paths known to humans: buying gold.  

Crypto investors have been drawn to this precious metal by its relative stability compared to cryptocurrencies. While the price of popular assets like Bitcoin (BTC), ether (ETH), and Binance coin (BNB) has varied greatly over the past few years, gold has remained relatively stable. 

One investor pointed out that gold can be an excellent harbor to weather the tough times in crypto. The investor, who had narrowed his crypto portfolio to include just Bitcoin (BTC), admitted that he started adding Britannia gold coins to his portfolio in early 2022. 

Another investor echoed the sentiment, stating that the ROI for gold isn’t going to make someone rich, but that isn’t why you hold it. And he’s not the only one who feels that way, it seems. The WSJ reports that in January, sales of America Eagle gold coins were the highest they had been for more than a year. 

Investors recognize that gold may have a different potential for massive returns than cryptocurrencies. However, they appreciate its price stability compared to other assets, even in uncertain times. For example, while crypto, stocks, and bonds plummeted last year, gold prices stayed stable.

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How this has caused an overnight rush to HedgeUp

People are certainly looking for convenient ways to invest in gold. This search has led a good number of them to HedgeUp (HDUP), a Web3 project that uses asset-backed NFTs to help everyday people invest in alternative assets. 

HedgeUp (HDUP) users can trade NFTs on the project’s alternative investment trading platforms. These NFTs are special because they are backed by assets, like gold, watches, artwork, and more. 

For example, if you want to invest in gold, you can buy an NFT backed by gold. These NFTs also make it possible to fractionally invest in alternative assets with as little as $1. Therefore, the HedgeUp (HDUP) platform has been deemed more convenient by investors. 

HedgeUp will work through its token, HDUP. The token will be used to pay for fees, bid at auctions, and trade assets on the platform. Holders will also enjoy exclusive discounts and courses and first access to the project’s masterclass. 

HedgeUp (HDUP) is currently offering the token through a presale. The presale is in its second stage, with the token available to buy at a discounted rate of $0.013.

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For more information on HedgeUp (HDUP) click the links below:

Telegram Link: https://t.me/HedgeUpChat

Official Website: https://hedgeup.io

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