We are all aware of DOGE Coin and its recent spike in popularity and value. We are all also aware of the rise of alt coins in this booming bull market. If you find yourself asking who to trust, which alt coin has potential, or where you should be investing your hard-earned money, you’re right about all the above. This post isn’t any financial advice or help with how you should invest. My goal today is to introduce you to HOGE Finance, a decentralized DOGE coin currency. With this information, do what you will and enjoy yourself in the cryptosphere.
Decentralized finance, or DeFi, has undoubtedly become more than a buzz word in the modern crypto arena. Its uses are many and its convenience factor is sky high; I’ll leave the research up to you. HOGE is a DeFi version of meme currency DOGE. I will be highlighting the best parts of HOGE today:
- HOGE debuted in February 2021. In its youth lies its strength; it is currently worth $0.000002482.
- At fractions of a penny, HOGE has the potential to increase in value, multiplying an initial investment by a significant percentage.
- HOGE has a fixed original supply of 1000 billion coins. There are currently 436 billion left in circulation. How, you ask? HOGE is deflationary, meaning for every transaction (buy or sell), 1% of the HOGE is burned, gone forever.
- HOGE owners are automatically HOGE stakers, meaning 1% of HOGE is distributed to hodlers on every swap. Each time someone uses HOGE, its value increases and its supply decreases.
- Liquidity is king for HOGE. Its entire supply is added
- I almost forgot, had to edit and add this: This is a FAIR CURRENCY, meaning the creators don't have any tokens on reserve. No one has a huge pool ready to grab n go, if you know what I mean *choking on my sushi roll, cough!*
I’ve said enough. You might be wondering how to buy HOGE. Here’s what you need:
- Download Metamask, a cryptocurrency wallet that works with all ERC20 tokens, which HOGE is.
- Use your Ethereum (ETH) and convert it to HOGE. You can do this by using Uniswap, linked here: https://app.uniswap.org/#/swap?slippage=500&outputCurrency=0xfad45e47083e4607302aa43c65fb3106f1cd7607
- The correct token address is 0xfad45e47083e4607302aa43c65fb3106f1cd7607, so double check.
- Change slippage to 2.5% by clicking the gear icon on Uniswap. If that doesn’t work, use 3%.
- Swap Ethereum for HOGE. Enjoy!
I hope this was helpful for you and I’m grateful for your interest in cryptocurrencies. Enjoy your investments and always remember not to invest more than you are willing to lose in the always volatile crypto market. Oh, I almost forgot to include the whitepaper for HOGE. If you’re interested, it is definitely worth reading. I firmly believe one should thoroughly research as much as possible before entering an investment, so here’s the link for that: https://hoge.finance/documents/hoge_whitepaper_compressed.pdf
Keep in mind that HOGE is a deflationary currency, so there will always be fewer HOGE coins in circulation today than there were yesterday or the day before, assuming of course there are active transactions of HOGE that are happening. Because the deflationary rate is a fixed percentage, the rate will stay steady, but the number of coins in circulation will be decreasing by fewer and fewer coins each time. Thank you for enjoying this piece!
None of what I've written is intended to be taken as financial advice. I do not currently own HOGE. If you have found this helpful in any way and wish to buy me a cup of coffee, I'd appreciate that!
ETH: 0x15C8Aa76739606330A51DAf5873CB32C262805e9
BTC: 3Ge14EwcUKfTC9aT1Ge3dYr7i9p4eL5dYu