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HUH Token, employ a novel process called reflection to prevent another Olympus situation.

On January 17th at 2 am UTC, Olympus – whose native token is OHM – dropped in value by 35% as the result of a whale unloading OHM 82,526, worth $13.3 million at the time. Labelling itself a Store of Value asset, Olympus claims to maintain stability while increasing in value over time. They intend to do this by backing OHM by crypto as opposed to fiat currencies. However, following the sell-off, Olympus’ market cap plunged to $877 million from a whopping $1.35 billion.

Since the crash, OHM has been trading at 128.03, down 30.4 per cent in the last 24 hours and 47.2 per cent in the last week. Governed by a DAO, Olympus’ unheard-of APY rates in the thousands of percentage points have some doubting its long-term viability, with others even branding the project a scam. Olympus has also been criticised as the value of OHM tokens is determined by the DAO as well as the project's treasury of assets. Some users believe that the DAO is the only entity in charge of fixing the price, which they claim is meaningless and hence subject to excessive volatility.

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Samoyedcoin and HUH Token are both experiencing a downward trend in price.

Samoyedcoin is one of the many meme tokens created in 2021 that draw inspiration from the most famous canine coin of them all, Dogecoin. HUH Token was introduced toward the end of 2021 in December. HUH Token has its own functionality as a stand-alone token as well as being a part of a larger project called the MetHUH.

Samoyedcoin and HUH Token are both experiencing a downward trend in price that could be attributed to the bearish market trend showing itself across the entire market. However, all crypto projects will be hopeful that the bullish trend returns sooner rather than later so they can see a recovery in market price.

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The concept of cryptocurrency has been in the news headlines for quite sometime now, and it is very much important for us toknow what this term really means.

The concept of cryptocurrency has been in the news headlines for quite sometime now, and it is very much recommended and important, too, for us, laymen, to know what this term really means.

Technically speaking, a cryptocurrency is a digital or virtual currency which is secured by cryptography, which further makes it nearly impossible to counterfeit or double-spend. This kind of currency is not issued by any central authority, which makes it prone to manipulation.

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More celebrities and influencers are hopping on the crypto train.

Crypto is cool, right? At least that’s what I’ve come to understand through the countless hours I’ve spent digging into the world of cryptocurrency. It recently got that little bit icier, when the likes of Eminem, the writer and performer of the HipHop Rendition of Alfred Hitchcock’s ‘Music To Be Murdered By’ made his debut purchase of crypto with Bored Ape.

And it comes at the time when HUH Token will be launching with hundreds of well-known influencers, all looking to be a part of HUH’s project as it continues to soar to new heights. Here is the reason Bored Ape and HUH Token are a part of the trio that could…

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