What Made This Altcoin Double Its Market Cap In The Past Two Weeks?

I’ve probably spent too much of my life at the poker table. If you’ve played Texas Hold ’Em enough, you probably have seen a fair share of hands where someone can only draw one card on the river (the last card turned over), and somehow it appears. The river card completes their hand, gives them the nuts (highest possible hand), and they sweep the pot.

Hitting the river is one of the best feelings I’ve experienced in gambling. And this rush is probably why I enjoy playing poker so much. Today, I’m following up on a project that I believe is just hitting its river card. The preparation has been there, and now investors are beginning to recognize how the Houdiniswap ($POOF) platform continues to outperform Bitcoin and Ethereum in a bear market.

But what is making POOF outperform thousands of other digital assets? And can we expect this performance to continue? So let’s take a minute and explore what has been happening.

What is Houdiniswap?

Houdiniswap.com is a platform allowing people to trade and send various digital assets multichain anonymously. For example, if I have Ethereum on Arbitrum and want to donate it to USDC on Ethereum, I can use Houdiniswap.com, and the transaction will not be tracked to my Arbitrum wallet.

There are multiple use cases for Houdiniswap. I encourage you to read this article, Why I’m Buying This $1 Crypto for $0.12 to learn more about how the platform functions and its utility applies to everyone in crypto.

My favorite use case is the security it affords users if they want to move their valuable crypto assets to a wallet that remains anonymous. This can give wealthy investors and big traders extra confidence that every person with a blockchain explorer can see their entire wallet transaction history and holdings at any moment.

Why is Houdiniswap’s POOF token flying higher in the bear market?

When the POOF token began trading on Uniswap in February, it was valued at 0.00002316 ETH or 3.6 cents. Today, it is trading for 0.00011269 ETH or 22 cents. I first heard about POOF when it was trading for around $0.12 and purchased a big bag.

I won’t pretend to know why the POOF token outperforms the market, but I have my theories. So, let me share them with you.

• Utility- Houdiniswap is an original platform allowing users to trade and send digital assets privately. The platform earns real income and is used to buy back POOF tokens on the open market.

• Increased Adoption- The Houdiniswap team has weekly meetings on Twitter Spaces (open to everyone) to keep the community apprised of what is happening and how the Houdiniswap platform is performing. And the metrics are exciting!

Trade volume and value is expanding healthily. The platform earned 1.16 BTC in revenue in a single week! If this remains flat (I don’t think it will), that’s $1.5 million in annual revenue.

• The Houdiniswap team is hitting it out of the park- Many crypto projects have great ideas but, unfortunately, have a team unable to execute on promises. Creating a technically functional crypto platform is challenging. Getting users and raising awareness takes time and effort. And the Houdiniswap is doing a remarkable job at this.

For instance, Houdiniswap has accepted a strategic investment from Mario Nawfal, IBC Group, and The Roundtable Show, making it the newest addition to the IBC portfolio. More details about this can be found at https://twitter.com/HoudiniSwap/status/1663213776076955648.

This comes on top of partnerships with multiple exchanges. Houdiniswap.com has customer support dedicated to assisting users on Telegram. It’s the best customer support experience I’ve ever received in crypto.

The Bigger Picture

In crypto, it’s almost impossible not to get sucked into the smaller picture. It’s a global market powered by thousands of influencers and new outlets trying to get you to invest in different digital assets. So much happens in one month of crypto; it sometimes can feel like six months.

However, some projects earn income, innovate, and grow in a challenging market. They aren’t simply copying code from another project and starting a platform on a different chain with another name. Houdiniswap is one of these projects.

Investors with conviction can stake their POOF tokens and earn 20% APR by staking for six months. After six months, the rewards continue at the same rate. This is a tremendous opportunity to earn a nice yield on a token that can and has experienced massive price growth.

Imagine what the swap volume could be when trading volumes see levels they saw in the last bull market—more volume=more revenue for Houdiniswap.

Key Takeaways

If you aren’t convinced about investing in POOF, I’d encourage you to use Houdiniswap. You don’t have to connect a wallet; you can make an anonymous trade in minutes. You will notice this isn’t like other web3 platforms you have used before, and it’s an empowering experience to transact privately digitally.

POOF has a $22 million valuation at the time of writing. However, its unique value proposition, consistent growth, and goal-driven team make me think its valuation can go significantly higher.

If you give Houdiniswap a try. Here’s a link with my referral: https://houdiniswap.com/?id=writer

If you decide to use it, I get a small share of the commissions from the platform. Alternatively, you can use my referral code: writer

🧙‍♂️ Swap anonymously 🪄 💨💸

Website: houdiniswap.com
Support: @HoudiniSwapSupport_bot
Whitepaper: houdiniswap.com/whitepaper
Twitter: twitter.com/houdiniswap
TG: t.me/houdiniswap

This article isn’t financial advice; I am not a financial advisor. It is strictly my opinion. I own and stake POOF tokens. POOF tokens and other crypto assets involve tremendous risks. I am someone who wants to maintain and grow my wealth so that I can provide a good livelihood for my family and myself. So do your research before making any investments.