Bitcoin Boxing Day Bonanza With HUH Token And Ethereum
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
From HUH Tokens' more-than-successful debut to Bitcoin's rollercoaster ride and Ethereum's latest ascent, this cryptocurrency season has been one for the record books.
However, this Wednesday should be noted because HUH Token burned USD 4million worth of their own HUH Tokens to boost the value of the token for its holders. Below, I'll describe how you could benefit from that burn and why you'd want to be.
On the Australian crypto market, Bitcoin lost USD 50 million, prompting a search for the assets... However, it appears that at least 20% of Bitcoin's total market value is lost money that will never be discovered... Is it possible that the Australian defeat will suffer the same fate?
Ethereum may possibly end the crypto Christmas season on a high note, as ETH bulls push the price beyond USD 4,000 after it fell below the safety line!
It appears that Bitcoin’s Boxing Day Bonanza could just be the crypto day of the year this Christmas time.
Baby, HUH Token Burned
HUH Token will burnt USD 4million worth of their HUH Token reserve on December 15th and December 20th to boost the value of HUH Token for their holders, and it looks that the hype surrounding this burning has lit up the internet.
It's no surprise that HUH Token is sweeping the crypto world, with 12,000+ holders with aims of amassing 1 million in 3 months, a 6000 percent growth in trading volume in just over a week during the first week on the market, and a unique referral system*.
That means HUH Token holders could see a large return in the coming days, similar to when those who deposited USD 1000 received a USD 10,000 return, though there's no way of knowing for sure.
HUH Token, on the other hand, might be the spot for you if you're searching for something to spice up your Wednesday evening while also potentially creating generational riches.
More information on HUH Token can be found on Coinmarketcap.com, Coingecko.com, and BitForex and PancakeSwap, as well as their own website.
Unique referral system: the holder will receive a code that, when shared and used by friends, family, or whoever you wish, will result in a 10% BNB incentive for the holder and a 10% sales fee reduction for the referee.
Bitcoin's Tulipmania in Australia
50 million dollars was lost after the collapse of two Australian cryptocurrency exchanges, and it appears that 100 crypto investors have no idea where their money has gone.
Some experts have compared ACX's (an Australian crypto exchange) loss to Tulipmania, a financial model and period in history where the price of actual tulips might considerably exceed the cost of a house or the average person's living wage.
Holders of ACX have launched lawsuits against the exchange, requesting reimbursement in bitcoin, Ethereum, and other cryptocurrencies, as long as their funds are restored.
It appears that the Australian crypto market will take some time to recover, as inquiries into how ACX was able to lose so much money are underway.
On that topic, it's always a good idea to do your homework before investing in cryptocurrencies, as the market is extremely volatile (outside of this rare loss).
Ethereum On the Rise Again!
ETH Bulls, who are expected to push Ethereum well above the USD 4000 level before the new year, may have prevented Ethereum from plunging below USD 4000.
Though it appears that, other from this minor drop, Ethereum has done very well, according to its Arrow Glacier update, which is projected to reduce power consumption by up to 90%, which could have been a factor in Ethereum's slight drop.
Because the new POS system makes mining more difficult, it may have ruffled a few cryptocurrencies market feathers... However, being one of the most popular cryptocurrencies, Ethereum may see a bigger percentage increase around Christmas, just in time for gifting and Bitcoin’s Boxing Day Bonanza!
Though it's always a good idea to do some research before buying, which you can do by clicking on the links below or Googling the currencies mentioned in this post.
Learn More About HUH Token Here: