Studies show that cryptocurrency is being adopted by an ever-increasing number of people. In Turkey, the adoption rate is 20%, and in 2021, 13% of Americans invested in crypto. If you are aware of the world of digital currency, the chances are you know about Dogecoin (DOGE).
Dogecoin is based on a meme of a Shiba Inu dog that has been famous on the internet for almost 10 years. In 2021, the coin of DOGE has replaced the original meme in terms of internet notoriety. The popularity of DOGE and other meme coins such as Shiba Inu (SHIB) and Safemoon (SAFEMOON) is highly sought after in the world of cryptocurrency. HUH Token (HUH) is being dubbed the world's first "utimeme" coin and wants to emulate the success of these coins. If its launch is anything to go by, it will have no trouble achieving this.
Contrary to popular belief, Dogecoin (DOGE) is not a new cryptocurrency. It was originally created in 2013 as a joke by two software engineers, Billy Markus and Jackson Palmer. It fused two of the most popular internet phenomena of the time; the Doge meme, and Bitcoin. It was adopted firstly by users on Reddit, who would tip other social media users for perceived good deeds. Thanks to this, it soon reached a market value of $8 million.
It was listed on CoinMarketCap in December 2013 and opened at $0.0002047. By the end of its first week, it had risen 120%, to 0.0004512. Numerous stunts kept DOGE in the public consciousness, from petitioning for the Jamaican Bobsled Team to attend the 2014 Winter Olympics to sponsoring a NASCAR driver. It spiked in popularity in 2017 and 2018, but it wasn't until 2021 that it really broke through into the mainstream. It is now ranked 12th in terms of market cap.
HUH remains over 100% up from its initial launch price and is currently at $0.0000749635.
HUH token (HUH) launched in early December of 2021. On the 6th of December, HUH was at $0.00000296. A week later it was at $0.00014659, an increase of almost 5000%. It was quickly listed on CoinMarketCap and increased again by over 100%.
Compared to DOGE, which in itself saw a not insignificant rise in its first week, HUH flew out of the blocks immediately after being listed. December 2021 was a tough month for all cryptocurrencies and saw some dramatic dips, DOGE and HUH included. During the first week of January 2022, HUH remains over 100% up from its initial launch price and is currently at $0.0000749635. For Dogecoin, 2022 has yet to start in earnest; DOGE is slightly down from the start of the year, at $0.1697.
It looks highly likely that 2022 will be a very strong year for cryptocurrency generally, as well as HUH token. If it can use the path taken by Dogecoin as an example, it will be in an extremely good position going forward. HUH Token will be listed on Uniswap on the 6th of January 2022, and is aiming to be listed on other platforms before the end of the month.
On the 19th of January, hundreds of influencers will show their support for HUH on Twitter and Instagram. This will raise awareness of HUH's utility, as well as boosting its meme potential. Considering it has already outdone what DOGE achieved in its first month, the future looks bright for HUH.
Learn More About HUH Token Here:
Website: https://huh.social
HUH Official Swap- https://swap.huh.social/
Telegram: https://t.me/HUHTOKEN
Twitter: https://twitter.com/HuhToken
Instagram: https://www.instagram.com/huhToken/
(Disclaimer: This is a sponsored article and includes some commercial links.)