SafeMoon launched in early 2021 and caused a big splash among the cryptocurrency community. SafeMoon experienced success early on in their journey and have continued to be a commonly talked about cryptocurrency. The thing is, in the cryptocurrency world you can never be too complacent and new cryptos are emerging all the time, all with the same goal. SafeMoon might have felt like the top dog for a moment in time, but the new cryptocurrency HUH Token intends to be the SafeMoon Slayer and take their place at the top spot.
What Is SafeMoon?
SafeMoon coin was launched in March this year and already has a whopping two million users investing in their cryptocurrency. Safemoon strolled into success and on the 20th of April of this year, crypto exchange Binance had to temporarily stop withdrawals due to an influx of investors in SafeMoon.
May also proved to be a pivotal moment in SafeMoon’s success as CoinMarketCap revealed that SafeMoon coin was featured on more users’ watchlists than Bitcoin! With SafeMoon sitting at 1.3 million users compared to Bitcoin’s 1.2 million users.
What Is HUH Token?
For those of you who are unfamiliar with HUH Token, it is a new cryptocurrency that is set to launch any day now. The creators of HUH Token claim that their goal is to ‘challenge the status quo and create a source of income for everyone’. These are big words by the creators, but they seem to be backed by big ideas.
HUH Token has an intelligent and easy to use a referral system. This referral system threatens to change the whole game and poses a strong threat to SafeMoon crypto and other altcoins. The creators state on their website that they have created a way for investors to earn extra income passively through a one-of-a-kind referral system.
The idea is that if you refer someone, you then get 10% BNB from their first purchase. If the person you refer goes on to refer someone else, you also get 2% of that person’s purchase. The rewards don’t stop there, as you both receive a discount sales tax from 20% to 10%.
The idea and motivation behind HUH Token are that anyone who wants to invest in HUH Token can do so. According to their Whitepaper the cryptocurrency will:
“Revolutionise this, in favour of the social investor, through smart contracts and a fair redistribution mechanism, one that will be easier for the average investor to understand and utilise.”
So, if you are a first-time investor who has been inspired by the rise of altcoins such as SafeMoon, then it is worth considering HUH Token as an alternative. However, the best way to decide where you invest your money is to make sure you don’t rush and that you dedicate enough time to research your options.
HUH Token VS SafeMoon
SafeMoon’s success is reflective of the time that it launched. However, as with anything in life, trends come and go, and it appears that SafeMoon might be going out of trend and HUH Token might be coming in. The creators of HUH Token are putting their money where their mouth is and put 250k of liquidity into the token.
HUH Token has found a way to make it’s token unique and relevant to what investors want today. The last few years have been turbulent, and investors are now seeking stability, not volatility, which is exactly what HUH Token offers.
For some investors, this might sound a bit boring, however, HUH Token have found a way to add an element of excitement with their unique referral system and the ability to refer an unlimited number of people and receive 10% of each referee’s first purchase.
The Bottom Line
With all of this in mind, investment in SafeMoon coin might not be so safe after all.
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