The two crypto projects, Cardano and Solana, have faced several difficulties this year that have negatively impacted their value for various reasons. Investors are becoming more skeptical of both cryptocurrencies and are starting to look for new investment possibilities that can bring the highest investment returns. Therefore, it is important to consider some new crypto projects that can provide many benefits to investors, such as HedgeUP.

Solana and Cardano are getting left behind – time for a new crypto project?

The FTX crypto exchange and trading company Alameda Research, owned by Sam Bankman-Fried, have both been very supportive of the Solana ecosystem and have been influential in the growth of Solana for many years.

However, the current bear market conditions and the FTX-induced cryptocurrency crash have negatively affected Solana’s price. According to FTX’s balance sheet, the cryptocurrency exchange held $982 million in SOL tokens. Thus, it caused a sudden price crash as the price of the token fell significantly by more than 58%.

Cardano’s native token price has also seen a significant drop of more than 80% since the beginning of the year due to many reasons, including the general downturn in the cryptocurrency market, the negative impact of the recent FTX crash, and the liquidity issues associated with the Digital Currency Group (DCG).

How to protect your portfolio with HedgeUp

Diversification is one of the most effective ways to mitigate risk and hedge a portfolio over the long term. Implementing diversification strategies can help balance risk and reward adequately.

For many savvy investors, hedging is a very important tool for a custom-diversified investment portfolio because it helps reduce risk and protect against large losses by taking an opposite position in related assets.

Holding uncorrelated assets in an investment portfolio helps reduce overall volatility (risk). Alternative assets usually have losses that are smaller in value during a bear market; Thus, a diversified investment portfolio is likely to suffer lower average losses if the market moves against you – which is where HedgeUp comes in.

HedgeUp is a unique project in the field of cryptography. It is an alternative investment cryptocurrency market based on NFT. This crypto project will enable users to partially invest in alternative investment asset classes globally. It will enhance access to alternative investment markets for all types of investors for just $1 in HDUP tokens.

The HedgeUp platform aims to help all users improve their investment portfolios and bridge the gap between investors and non-traditional investment asset classes. In addition, the platform will provide educational materials to the masses to highlight the way to generate residual income by investing in alternative assets.

The platform will provide access to a range of alternative products such as gold, diamonds, wine, fine art, luxury watches, yachts and aviation. Investing in these assets usually means tying up large amounts of capital, so for most small investors it is basically impossible.

All users on the platform can get a variety of benefits, including exclusive access to NFT stock issuances, online master classes, numerous rewards and staking bonuses, and even a “cart” feature for an average return of 28% to 36%. %.

conclusion

According to Nasdaq, total alternative investment classes are expected to quadruple and reach more than $17 trillion by 2025. Therefore, it is the perfect time to diversify an investment portfolio with alternative assets and take advantage of the huge potential that the HedgeUP platform can do. offered to its users.

For more information on Hedge UP, click on the links below:

Pre-registration: https://app.hedgeup.io/sign-up
Official Website: https://hedgeup.io
Community links: https://linktr.ee/hedgeupofficial