HUH token to overtake meme coins with ‘Ultimeme’

The HUH token came online in December and has already increased in value beyond 5000%, making it a serious challenger to Dogecoin and Shiba Inu.

Named as an ‘Ultimeme’, the coin boasts a specific difference from the regular meme coin with two characteristics, both utility and memetic capability. With hundreds of thousands of holders increasing daily, the HUH token aims to be in the millions rapidly over the following months.

According to its white paper, the token plans for a social network via a one-of-a-kind referral system. The referral system enables holders to earn additional money from another coin. To obtain the referral is easy, eager token owners need to simply visit its website to receive the code; the code is then utilized by any other person who has purchased a HUH token before.

In turn, this purchase returns 10% of the purchase price to the code holder in a different cryptocurrency, known as Binance coin. Furthermore, the referral owner also gains something in return since their sales charges are then reduced.

The HUH Token is currently traded on three exchanges, BitForex, Uniswap and PancakeSwap V2. However, the white paper states that other exchanges are soon to follow.

Dogecoin and Shiba Inu (SHIB), both dog-themed cryptocurrencies, have exited the top ten cryptocurrencies, meaning the market value for both coins has decreased over the last few weeks and HUH has seen significant growth. It currently stands among the top 20 of all traded cryptocurrencies on PancakeSwap after release.

Social norms have proven that when a large group runs, people will follow, and as the attention toward HUH increases the same will happen and the dog-themed cryptocurrencies may lose their following. However, although SHIB’s price has faltered, experts believe the coin will return within the year.

With the price of SHIB currently standing at £0.00002230, a 6.9% decrease in the past week, 100% below the all-time high of £16,487.76, it’s up to buyers to step in to warrant the crypto experts’ expectations.

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Updated: 01/06/2022 — 10:00