Top 3 Cryptocurrencies to Watch This Week – Cardano, Avalanche and HUH Token

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2021 will be remembered as the year when the cryptocurrency market established itself as the financial industry’s future. The crypto market, which is already valued at more than USD 3 trillion, has compelled financial regulators from New York to Beijing to take this asset class seriously or risk being left behind.

This week has seen the crypto market bounce back after 2 weeks of consolidation from its record highs. Bitcoin (BTC) and Ethereum (ETH) jumped up over 5% on Monday morning, with BTC trading around USD 57 220 and ETH trading around USD 4330, but here are some lesser-known cryptocurrencies to keep an eye on with plenty of potential, including the much anticipated HUH Token.

Cardano (ADA)

Cardano is the sixth largest cryptocurrency in the world with a market capitalisation of USD 53 billion and has experienced a meteoric rise in 2021. The coin began the year trading below USD 0.20 before rallying to over USD 3 in early September. But ADA has also fallen from its highs, currently trading at roughly USD 1.60, giving investors the opportunity to get in at a discounted price on a crypto that still holds plenty of real-world value.

Cardano was founded by Charles Hoskinson, a co-founder of Ethereum who left the project in protest at Vitalik Buterin’s intention to keep the blockchain non-profit. Cardano also boasts a faster transaction speed than Ethereum, which has become a significant challenge for Ethereuem in recent months.

Avalanche (AVAX)

Avalanche has been a very popular purchase this year. AVAX began 2021 trading at roughly USD 3; by late November, it had risen to an all-time high of over USD 146, eclipsing Dogecoin and establishing itself as one of the world’s top 10 cryptocurrencies. It is currently trading at USD 112 and has a market capitalisation of over USD 25 billion.

AVAX is the native coin of the Avalanche blockchain, which is gaining traction as a smart contract alternative to Ethereum. AVAX’s autumn rally was prompted by the announcement of a new deal with Deloitte, which will utilise Avalanche to support its work with the Federal Emergency Management Agency (FEMA). With the Deloitte contract adding an enviable amount of credibility to Avalanche, the blockchain and its token could climb to new heights in 2022.

HUH Token (HUH)

The most alluring cryptocurrency on this list is HUH Token, mainly because it is about to launch, and as we have seen previously with tokens like Shiba Inu and Floki Inu, when they launch under the right conditions, they tend to skyrocket thousands of fold. In just a few months, Shiba Inu increased by more than 70,000 per cent.

HUH Token aspires to be one of the top 20 cryptocurrencies by market size within the next several years. It offers upgraded features over Shiba Inu, including a dual currency distribution scheme, a substantial community dubbed “HUH Nation,” and static benefits for holders.

Additionally, HUH Token is implementing a referral programme in which holders can refer friends and earn 10% of that person’s initial purchase. There is no limit to the number of individuals you may refer.

HUH Token will launch on Uniswap and PancakeSwap on December 6, with its developers locking in USD 1 million of liquidity for two years to promote stability and long-term holding. HUH Token is presently in its presale phase, which is undoubtedly the optimal moment to get in.

Follow HUH Token on their Socials before they Launch:
Telegram: https://t.me/HUHTOKEN
 Website: https://huh.social 
 Twitter: https://twitter.com/HuhToken 
 Instagram: https://www.instagram.com/huhToken/