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Even if crypto prices plummeted by 80%, less than half of the 3,250 persons surveyed would sell some or all of their holdings, according to the Deutsche Bank’s latest report, The Future of Cryptocurrencies. The ‘HODL’ concept, which stands for ‘hold on for dear life’, has been useful in recent months, with most cryptos down 30% or more since November. Many investors are new to the market, with 65% of those polled having done so in the last year, and the majority of those who have done so have invested less than USD 10,000. In light of the majority preference, should HUH Token (HUH) and Chainlink (LINK), which both incentivize long-term holding, be among investors’ top choices?
What’s Chainlink (LINK)?
Chainlink (LINK) is a crypto and technology platform that allows non-blockchain businesses to connect to blockchain platforms securely. Chainlink (LINK) is an intermediary that connects blockchain-based smart contracts to external data like baseball scores or market prices. Chainlink’s LINK currency is used to pay network operators and to secure smart contract agreements on the network.
Why Chainlink (LINK)?
Chainlink (LINK) is a different project to invest in as instead of competing directly against other cryptos, Chainlink (LINK) enables them to communicate with the outside world more easily. Meaning while Bitcoin (BTC) has numerous advantages, such as security and decentralisation, it’s disconnected from the rest of the world. In some ways, this is beneficial to security and the integrity of decentralisation.
However, this implies that blockchain technologies are unable to access critical off-chain data that may significantly improve their efficiency. As a result, some type of data-sharing mechanism between Bitcoin (BTC) and the outside world is required. However, this data cannot come from a single source in order to retain decentralisation integrity. Chainlink (LINK) thereby solves this issue by establishing a distributed oracle network.
What’s HUH Token (HUH)?
Newcomer HUH is the first ever ‘uti-meme’ currency – which combines the useability of utility tokens (through elaborate incentives to HODL) with the hype of meme coins, which was most recently witnessed when HUH onboarded hundreds of influencers.
HUH only launched only 2 months ago on PancakeSwap, but since it exploded 6000% within a month of its first launch, it’s hit a variety of other exchanges including BitForex, SushiSwap and UniSwap.
Why HUH?
Investors have been bullish on HUH as it is climbing towards forming a part of the metaverse. Its ultimate goal is to construct a decentralised metaverse, which they’ve called the MetHUH. According to the White Paper, everybody gains from the data they generate.
The MetHUH has a new addition: Sentiment Tokens. As mentioned in the HUH Token White Paper, the Sentiment Tokens will reward features within the MetHUH, and these traits are based on being human.
These traits are referred to as ‘Tone Traits’ by HUH Token, and they include emotions like happiness, sadness, anger, confidence, fear, and so on. Though you may be wondering how MetHUH and, by extension, HUH Token (HUH) would achieve this, it will be through AI-based assessments of MetHUH comments. This AI component of HUH Token’s MetHUH will be implemented using IBM Watson and Google Perspectives.
For more information, visit:
Buy On HUH Website- https://swap.huh.social/
Buy On PancakeSwap: https://pancakeswap.finance/
Buy On UniSwap: https://app.uniswap.org/#/swap
Website: https://huh.social/
Telegram: https://t.me/HUHTOKEN
