New crypto HUH Tokens could avoid price crashes like Bitcoin and Ether’s

As a newer asset class, crypto has long been accepted as a volatile, and consequently high-risk, investment. Its sensitivity to a range of factors as trivial as celebrity remarks can cause drastic changes in value and are near impossible to predict. Despite this, Bitcoin's high volatility is what makes it so attractive to so many investors, as the potential for high returns could fulfill the American Dream. Meme coins, like Dogecoin and Shiba Inu, even started off as Internet jokes and were minted unexpectedly. Meme coins are what make crypto so unique to the stock market.

However, last weekend saw a range of crypto prices plummeting, with Bitcoin, Ether, Dogecoin and Shiba Inu among the many affected. Bitcoin lost almost a fifth of its value, with trading currently standing at $48,130, while Ether has plunged by over 10%. According to CoinGecko, the global crypto market cap has dropped 5% to $2.33 trillion. Known for its volatility, Bitcoin's dip this time has been attributed to investor concerns over the new Omicron variant and data revealing that US job growth had slowed, causing global equities and benchmark US bond yields to collapse.

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Bitcoin's high volatility is what makes it so attractive to so many investors.

Yet in a timely fashion, HUH Token, the latest crypto on the market, launches today on PancakeSwap. According to HUH's White Paper, their game plan is to lower the risk of investing by always providing back to the Liquidity Pool to decrease volatility. By utilizing a reward system, they aim to promote long-term investment in the HUH community over swing trading (which is behind Bitcoin, Ether, Dogecoin and Shiba Inu's recent tumble in value). Crypto expert CALV!N from PureBase Studios argues that crypto newcomers should buy and hold, instead of trade, to gain higher yields. Similarly, HUH incentivizes its community to hold by making the selling fee 5% higher than the buying fee. HUH also implements a referral system that benefits both parties. The referrer receives a 10% BNB redistribution on the referee's first purchase while both get their selling fees permanently reduced to 10%. Thus, HUH combine the two crypto-pillars of 'meme' and 'utility' to aid social influencers in reaching their target audience, with allegedly many prolific influencers onboard already.

HUH's strategy differs significantly from its 6000 other competitors, offering a refreshing game plan to the crypto world. Their volatility-minimizing tactics mean that in an unstable financial period, investors don't have to stress that their money will disappear suddenly. As a newcomer with a pioneering approach, HUH has received some backlash and scam accusations, although its Certik audit and audits from Solidity.Finance and Shellboxes says otherwise. Bitcoin didn't grab investor attention straight away when it was launched in 2009, and in 2010, one bitcoin was still worth less than a penny. With HUH's launch around the corner, it might just revolutionize crypto as we know it.

Follow HUH Token on their Socials:

Telegram: https://t.me/HUHTOKEN

Website: https://huh.social

Twitter: https://twitter.com/HuhToken

Instagram: https://www.instagram.com/huhToken/

Disclaimer: (This article is sponsored and includes some commercial links)