HUH Token (HUH) On Track to Replicate SafeMoon’s (SFM) 45000% Annual Growth Following Facebook & TikTok Verification
by Analytics Insight
February 3, 2022
Utimeme HUH Token (HUH) became verified on Facebook, which has 2.9 billion users worldwide, and TikTok, which has 1 billion
Utimeme HUH Token (HUH) became verified on Facebook, which has 2.9 billion users worldwide, and TikTok, which has 1 billion and was responsible for spiking Dogecoin (DOGE) 683% in July 2020. HUH first gained notoriety after it surged 6000% within weeks of its launch in December 2021. Despite only being 2 months old, HUH onboarded hundreds of prominent social media influencers who began promoting HUH on January 26th across various platforms including Twitter and Instagram. Investors believe HUH is following in the footsteps of SafeMoon (SFM), a meme coin that increased in price by 45000% throughout 2021.
SafeMoon (SFM) is a decentralised financial system that is driven by the community. According to Utah Business, the meme coin already has over 2.9 million holders following its launch in the first quarter of 2021. According to CoinMarketCap, the total number of coins in circulation is 585.536 trillion, and the founders allegedly wanted a coin that would guarantee ‘safe’ earnings and avoid bubbles from forming.
As SafeMoon (SFM) is incorporating utility features to maintain last year’s success, it has drawn comparisons with HUH Token (HUH) due to the newbie’s UTI-meme approach. HUH accredits its rapid price rise to combining the hype of the meme coin with the useability of a utility token. Thus, SafeMoon aficionados have been flocking to HUH in anticipation of its promising future on the crypto market. HUH currently has over 17,000 holders and most recently was verified on both TikTok and Facebook, around a week after hundreds of influencers began promoting HUH across social media platforms.
News of HUH’s verifications was well received by its holders and maybe hinting that HUH is not far from taking over the crypto scene. According to Forbes, social media verification provides brands with trustworthiness and credibility. It also helps grow an online presence and acts as an important tool to differentiate as buyers are more likely to choose a blue-tick brand over one without. Considering HUH is a part-meme coin, it’s likely to boost the token’s standing.
HUH’s reliance on social media stems from its ultimate goal is to construct a decentralized metaverse, which will be called the MetHUH. The White Paper lays out the HUH’s vision for the MetHUH. Without the need for an intermediary in the MetHUH, social influencers will be able to engage with each other and companies interested in collaborating with them. The MetHUH will also house a social media marketplace for NFTs, where users can bid, auction, and buy NFTs from their favourite social influencers. Social influencers will be able to create NFTs from their own content or media, set their own price, and sell them on the MetHUH. Within the MetHUH, users can buy, collect, and resell these NFTs.
Social influencers have their own communities, and their followers like and comment on the content they post on social media sites. HUH will create “Influence Points” based on these figures. This is a numerical value that will be awarded to each MetHUH social influencer and used to compute their NFT value. If they have a larger Influence Point total, their NFT will be more valuable. Users can instantly understand the significance of a social influencer’s NFT when interacting within the MetHUH.
Influencers and individuals can generate MetHUH Sentiment tokens depending on their content and engagement. These tokens will be exchanged for HUH, with a higher reward for Sentiment, resulting in a healthier and more active society, as well as making social media a safer and friendlier place for all.
For more information visit:
Buy On HUH Website- https://swap.huh.social/
Buy On PancakeSwap: https://pancakeswap.finance/
Buy On Uniswap: https://app.uniswap.org/#/swap
Website: https://huh.social/
Telegram: https://t.me/HUHTOKEN
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