Experts Explain Why This New Memecoin Would Outshine Hashflow (HFT) And UMA Crypto In The Battle For Dominance (2024)

Every day, new cryptocurrencies battle for dominance, piquing the curiosity of both investors and enthusiasts.

In our quest for insights, we embarked on a thorough exploration of an upcoming memecoin called Anarchy (ANA), seeking valuable information from esteemed experts in the field. With their help, we were able to unravel the factors driving Anarchy’s growing popularity and delve into a comparative analysis with Hashflow (HFT) and UMA.

In this article, we are excited to share the wealth of knowledge we gained from these experts. We will begin by examining the underlying technology, community dynamics, and long-term prospects of all three projects under discussion.

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BUY $ANA NOW

Hashflow (HFT)

Hashflow (HFT) is a trading platform that offers zero slippage and comprehensive protection against MEV (Miner Extractable Value). It stands out by providing native cross-chain swaps without relying on bridges or synthetic assets, ensuring seamless trading across multiple chains with guaranteed price execution.

Since its launch in August 2021, Hashflow has achieved impressive milestones, including over $10 billion in total trade volume, more than 170,000 unique wallets trading on the platform, and an average daily volume of $25–30 million.

Hashflow also introduces the Hashverse, a one-of-a-kind storyverse-driven and gamified DAO (Decentralized Autonomous Organization) and governance platform. Here, users can stake tokens, complete quests, and earn rewards to actively shape the future of the Hashflow protocol.

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The Hashflow community is known for its vibrant participation in various activities across the Hashverse, fostering an engaging and dynamic ecosystem.

UMA (UMA)

Established in 2018, Universal Market Access (UMA) is a decentralized finance (DeFi) project built to create fair, accessible, secure, and decentralized markets worldwide. Taking inspiration from traditional finance derivatives, the team has developed an open-source protocol that empowers anyone to design and execute trustless financial contracts.

UMA operates as an optimistic oracle (OO) that records verifiable truths on the blockchain. This flexible OO expands design possibilities in the Web3 ecosystem and acts as a “human-powered truth machine.” It fosters a diverse range of Web3 applications, including cross-chain bridges, insurance protocols, prediction markets, and customizable DAO tooling products.

Within UMA’s Optimistic Oracle system, three essential participants play roles: the contract requesting data, the data provider, and potential disputants who can challenge the data.

The robustness of UMA’s Optimistic Oracle system has paved the way for its success.

Having meticulously examined both Hashflow and UMA, we now turn our attention to the final contender in the battle for dominance— Anarchy (ANA). After which we will reveal the insights provided by our experts.

Something huge is coming.

If you see this ?

Then your early! pic.twitter.com/HssZ4ywwrJ

— ANARCHY (@anarchycoineth) June 10, 2023

Anarchy (ANA): The Hottest Memecoin Right Now

Lately, there has been traction surrounding Anarchy. This meme coin, dubbed the people’s hero, empowers its token holders to challenge and disrupt corrupt centralized bodies.

Anarchy (ANA) is a memecoin built on the Ethereum blockchain that adheres to the widely adopted ERC20 standard. Notably, Anarchy boasts a token supply of 69,420,000,000 ANA tokens.

With its rebellious spirit and a touch of fierceness, Anarchy boldly rises above other memecoins. Through the power of stickers and memes, Anarchy strives to launch a full-scale assault on the corrupt financial systems. These systems, which purport to protect our data and rights, often end up tripping over their own rules, invading our privacy, and imposing unrealistic sanctions.

Anarchy dares to be different, making a statement that resonates with those seeking a bit of chaos and excitement in the crypto world. Anarchy is the mischievous troublemaker you won’t be able to resist.

In addition to this excitement! Every time there is a transaction in the Anarchy ecosystem, a generous 4.5% makes its way to the Anarchy DAO, secured by the Gnosis safe. Holders of ANA tokens join the parliament as they actively vote for ambassadors each month, giving you a front-row seat to witness democracy in all its glorious action!

And the cherry on the cake is that Anarchy employs a deflationary measure: 0.5% of each transaction is burned completely, slowly reducing the token supply and cranking up the value of every ANA token. This burning mechanism adds a touch of scarcity and makes Anarchy an irresistible investment choice.

Experts’ Opinion

The experts, after scrutinizing the intricate details of each project, have unequivocally voiced their opinion: Anarchy is the go-to investment. With its simplicity, intentionality, and mission to fight for justice, Anarchy stands tall as a force to reckon with.

Now, dear readers, the power is in your hands. When life-changing scoops like these come your way, it’s best to seize the opportunity. Invest wisely and reap the rewards. And guess what?

Anarchy is offering a pre-sale opportunity where you can acquire ANA tokens at a discounted price of 0.00021 USD. Imagine the potential for massive returns!

Don’t miss out on this golden opportunity.

Anarchy Website

Anarchy Twitter

Anarchy Telegram

Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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Experts Explain Why This New Memecoin Would Outshine Hashflow (HFT) And UMA Crypto In The Battle For Dominance (2024)

FAQs

What does uma token do? ›

UMA is an ERC-20 utility token that is mainly responsible for governance and dispute resolution. Governance means that holders of UMA tokens can vote on proposals regarding the protocol's development. Governance participants are rewarded in UMA for helping make decisions for the network.

Why is Uma surging? ›

The native token of the Uma protocol saw a dramatic jump in price after it teased a potential plan for a solution centered around protecting lending protocols from maximal extractable value (MEV).

Does meme coin have future? ›

Based on your price prediction input for Memecoin, there is a projected increase in the value of MEME by 5%, potentially reaching $ 0.024266 by tomorrow.

Is Uma built on Ethereum? ›

UMA (UMA) is an open-source protocol based on the Ethereum network, that allows anyone to build their own financial contracts and create synthetic assets.

What is the future of UMA coin? ›

UMA Overview

Our most recent Uma price forecast indicates that its value will increase by 9.75% and reach $3.04 by April 27, 2024. Our technical indicators signal about the Bearish Bullish 30% market sentiment on Uma, while the Fear & Greed Index is displaying a score of 72 (Greed).

What is the future of UMA token? ›

According to your price prediction input for UMA, the value of UMA may increase by +5% and reach $ 3.931296 by 2030.

What is uma oval? ›

The UMA Oval contracts provide protocols a way to capitalize on OEV (Oracle Extractable Value) produced by Chainlink price updates. Serving as intermediaries between protocols and Chainlink, Oval contracts allow the release of price updates to occur in MEV-Share auctions with the protocol as the benefactor.

Which new meme coin will explode? ›

The project intends to launch a fun play-to-earn ecosystem following its launch, helping bring added utility. Buy $SPONGE today. Spotlight Wire Meme Kombat ($MK) is another meme coin to buy now. Following its launch in March 2024, it looks primed to explode.

Which meme coin has the most potential? ›

The top meme coins to consider for 2024 include Dogecoin, Shiba Inu, Bonk, Pepe, Floki Inu, Myro, Dogwifhat, and Coq Inu. Investing in meme coins can be a fun and exciting way to diversify your portfolio. Meme coins draw inspiration from popular internet memes and cultural references.

What is the next big meme coin in 2024? ›

There are a ton of these trendy tokens out right now, but KangaMoon (KANG), Book of Meme (BOME) and Dogecoin (DOGE) all stick out as top contenders for 2024. While BOME and DOGE are well-established, KANG is a Stage 5 presale star that could surge to $1 in 2024.

Why is uma coin pumping? ›

UMA has seen a strong price rally in the past 24 hours, surging by over 80% and reaching its highest level since August 2022. See Possible Reasons for This Surge: - The Total Value Secured (TVS) in the UMA ecosystem has reached a record high of over $774 million, indicating a growing demand for its services.

Will uma crypto go up? ›

According to our current UMA price prediction, the price of UMA is predicted to rise by 231.49% and reach $ 9.15 by May 29, 2024. Per our technical indicators, the current sentiment is Bearish while the Fear & Greed Index is showing 67 (Greed).

Who is the owner of Uma coin? ›

UMA was founded in 2018 by Allison Lu and Hart Lambur, two ex Goldman Sachs traders, with the goal to enable users to transfer risk across the internet without the need of central authorities.

Why is UMA crypto rising? ›

The UMA crypto shot up in January 2023. The token climbed substantially after it was revealed its total value staked (TVS) reached record levels.

How much is UMA coin worth? ›

The current price of UMA is $2.91 per UMA. With a circulating supply of 79,793,038.878 UMA, it means that UMA has a total market cap of $232,103,918.55.

What is the all time high price for UMA coin? ›

The highest price paid for UMA (UMA) is $41.56, which was recorded on Feb 04, 2021 (about 3 years). Comparatively, the current price is 94.03% lower than the all-time high price.

Who owns UMA Coin? ›

UMA was founded in 2018 by Allison Lu and Hart Lambur, two ex Goldman Sachs traders, with the goal to enable users to transfer risk across the internet without the need of central authorities.

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