Influencers have pervaded almost every facet of culture, and have proved massively successful in what they do. The emerging and ever-expanding market of Cryptocurrency is one of these areas. The two modern phenomena go hand in hand. Many of the leading cryptocurrencies have been, and continue to be, advertised by influencers. Changpeng Zhao, known as CZ, is the CEO of the world’s largest crypto exchange, Binance. With over 4.5 million followers, CZ is considered to be one of the leading cryptocurrency influencers.
Smaller coins have seen big advantages thanks to social media, and meme coins are so popular for this precise reason. Perhaps the best example is Elon Musk and Dogecoin (DOGE). Every time Musk tweets the price of DOGE rises considerably. In December 2021, it shot up by 20% after Musk said that he would accept DOGE as payment for Tesla merchandise. Newcomer HUH Token (HUH) looks to follow in the footsteps of DOGE, and use influencers to harness its meme-like popularity as a springboard to showcase HUH’s utility.
Melania Trump and Bitcoin (BTC)
Bitcoin will celebrate its 13th birthday in 2022. Ahead of the anniversary, Melania Trump tweeted her congratulations to Satoshi Nakamoto, the pseudonymous name used by the creator or creators of Bitcoin. In the hours following her tweet, the price of BTC rose over $500. Alongside a picture of the genesis block, the first block on the Bitcoin blockchain, the former First Lady wrote:
“It is widely reported that Bitcoin’s market cap exceeds USD$1 Trillion. Today marks the 13th anniversary of the Bitcoin Genesis Block. Happy Anniversary, #SatoshiNakamoto #MelaniaNFT.”
From donning an imperialist outfit reminiscent of colonial oppressors whilst on a trip to Kenya to wearing the now-infamous “I REALLY DON’T CARE DO U?” jacket during a visit to see detained children at the US border, Trump is a controversial figure. She has also repeatedly and publicly swatted away her husband Donald Trump’s attempts at affection. Donald Trump had previously spoken out against cryptocurrency, calling it “a scam against the dollar,” and this latest endorsement of cryptocurrency could be perceived as another dig at the disgraced former US president.
This is not an isolated incident. Melania Trump launched her first NFT in mid-December 2021, called Melania’s Vision. NFTs are increasingly moving into the mainstream, with BTS and Justin Bieber entering the world of digital collectables. Hugely influential people are using their platform to engage with and raise awareness of blockchain technology.
HUH Token (HUH) and Influencers
HUH token may have only launched in December 2021 but it already has a sizeable community behind it, as well as hugely ambitious plans for the future. HUH’s roadmap includes an NFT marketplace and an app launch in its third stage. It will be launched on Uniswap on the 6th of January 2022, the fourth largest cryptocurrency platform. This listing will complete the first stage of its roadmap.
On the 19th of January, HUH will enlist the help of hundreds of influencers to raise awareness of the qualities of HUH token. This should see more people become involved in HUH which would be beneficial to new and existing holders alike.
As the world’s first “utimeme” coin, HUH holds a unique appeal. It also holds a unique referral system, which provides existing holders with 10% of the first investment of anyone to whom they recommend HUH. There is also a competition currently taking place on the HUH Instagram page. US $60,000 are in the prize pool, with 60 randomly selected people winning $1k each.
Social media and influencers can make or break a product or service. This is, of course, largely dependent on the viability and credibility of what they’re advertising. With the incoming endorsement from 100s of influencers with millions of followers, HUH Token could see similar price increases to DOGE after an Elon Musk tweet.
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.)
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