The rise of social media usage helped to cultivate the rise of social media influencers. Put simply, an influencer is someone who has a lot of followers online, on platforms such as TikTok, Instagram, Twitter, Facebook, YouTube and so on. Social media influencers have immense influence among their followers and businesses and companies have learnt to utilize this. There are all kinds of influencers, some specialize in comedy, fitness, food, travelling, sport – you name it, there is an influencer for every niche going.
So why is this relevant to cryptocurrency?
How Elon Musk Boosted Dogecoin To Success
Memes are a huge part of social media, with hundreds of thousands of memes being shared among users daily, it is no surprise that eventually meme cryptocurrencies were created. Examples include HUH Token, Safemoon, Dogecoin and many more.
One example that really highlights the importance of influencers and cryptocurrency is when Elon Musk accidentally caused a huge influx of popularity for the joke meme cryptocurrency, Dogecoin. The coin was developed in 2013 by software engineers Billy Markus and Jackson Palmer, who wanted to poke fun out of other notable cryptocurrencies such as Bitcoin. Elon Musk caught wind of the creation and tweeted: “Dogecoin is the people’s crypto,” followed by another tweet saying, “No highs, no lows, only Doge.”
And just like that, Dogecoin blew up in popularity and set the trend for other developers to create their own meme cryptocurrencies. Granted, Elon Musk is not your average influencer, but the point is made with this example and shows the power that influencers yield on cryptocurrencies.
Put simply, social media influencers now contribute significantly to the scalability of crypto tokens. The meeting of influencers and crypto births a new wave of financing and support, which ultimately alters the new media and advertising landscape massively.
The Rise of Meme Tokens
Meme tokens are cryptocurrencies developed based on an internet meme. As previously mentioned, Dogecoin is recognized as the original meme crypto coin, but within the last couple of years, there has been a huge influx in new meme cryptocurrencies. Since blockchain is an open-source technology, several other software developers are creating their meme tokens, offering various reflections to garner investors. One meme token driving considerable discussions on social media, especially Twitter, is the HUH token.
HUH is a meme token that aims to create a stable source of passive income for social investors. Their major goal is social media monetization, helping digital content creators sell their social media posts and photos. Unlike other crypto memes, HUH has implemented specific strategies to ensure long-term investments while ensuring their investors enjoy maximum profits.
Social media crypto tokens are a useful and smart way for social media users and content creators to make money in an entirely centralized and controllable manner. With the influence of popular social media users, such cryptocurrencies are poised to do exceedingly well, including a massive price explosion.
What Makes HUH Different?
There are so many tokens and coins out there, and with various influencers posting about different ones, it can be easy to get overwhelmed. If you are going to go all in on one, make sure it is one that is popular among influencers, such as HUH Token.
Below are some of the reasons why investors should consider HUH and consider it quickly too before prices inevitably rise.
- Unique referral system designed to put cold hard cash straight into your wallet.
- First-ever cryptocurrency to distribute both BNB and Token.
- Refer someone and get a permanent sell tax reduction from 20% to 10%
- Refer someone and get 10% off their first purchase directly in BNB.
- You can refer an unlimited number of people
- The system is designed to create generational wealth
- HUH Token has a unique roadmap
One way to work out who to invest in, is to see what influencers are posting what currencies and purchase tokens before their inevitable price explosions. HUH Token is one of these, as they are due to launch an influencer program imminently. So, don’t wait around, invest in HUH Token sooner rather than later because if history is anything to go by, then they are on the verge of a major popularity and price increase.
Follow HUH Token on their Socials before they Launch: