The HUSL
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Price Chart
The HUSL (HUSL)
What is The HUSL?
The HUSL (HUSL) is a cryptocurrency that operates as a token on the Ethereum blockchain. Its core purpose is to facilitate transactions within the gaming and entertainment sectors, enabling users to buy, sell, and trade digital assets seamlessly. The HUSL token is designed to empower creators and gamers by providing a decentralized platform for monetization and engagement. As a blockchain project, it aims to enhance user experiences while promoting a vibrant ecosystem for digital content.
When and how did The HUSL start?
The HUSL (HUSL) was launched in 2021 as a unique platform aimed at revolutionizing the music industry through blockchain technology. Created by a team of music industry veterans and blockchain enthusiasts, The HUSL focuses on empowering artists by providing them with a decentralized platform for music distribution and monetization. Initially listed on various cryptocurrency exchanges, The HUSL gained traction through strategic partnerships and community engagement, establishing itself as a significant player in the intersection of music and cryptocurrency.
What’s coming up for The HUSL?
The HUSL is poised for exciting developments as it progresses through its roadmap, with a focus on enhancing user engagement and expanding its ecosystem. Upcoming features include the integration of new gaming experiences and partnerships aimed at increasing utility for HUSL token holders. The community plans to host events and initiatives to foster collaboration and growth, ensuring that user feedback plays a crucial role in shaping future updates. As The HUSL continues to evolve, it aims to solidify its position in the gaming and entertainment sectors, driving adoption and creating meaningful use cases for its token.
What makes The HUSL stand out?
The HUSL stands out from other cryptocurrencies through its unique focus on the creative economy, enabling artists and creators to monetize their work directly through blockchain technology. Unlike traditional cryptocurrencies, The HUSL employs a unique tokenomics model that rewards users for engaging with and promoting creative content, creating a real-world use case in the art and entertainment sectors. Its standout technology also includes a decentralized platform that fosters collaboration and community-driven projects, differentiating it from more generic blockchain solutions.
What can you do with The HUSL?
The HUSL is primarily used for payments within its ecosystem, facilitating transactions in various platforms. It also serves as a utility token for staking, allowing users to earn rewards while participating in governance decisions. Additionally, The HUSL is integrated into DeFi apps and NFTs, enhancing user engagement and access to unique digital assets.
Is The HUSL still active or relevant?
The HUSL is currently active, with ongoing development and a dedicated community presence. It is still traded on various exchanges, indicating sustained interest and participation. However, it's essential to monitor updates regularly, as the status of projects can change rapidly in the crypto space.
Who is The HUSL designed for?
The HUSL is primarily built for gamers and the gaming community, aiming to enhance the gaming experience through blockchain technology. Its target audience includes developers looking to create innovative gaming solutions and investors interested in the growing intersection of gaming and cryptocurrency. This platform is adopted by those seeking to leverage decentralized finance (DeFi) within the gaming ecosystem.
How is The HUSL secured?
The HUSL secures its network using a Proof of Stake (PoS) consensus mechanism, which enhances network security by allowing validators to participate in the block creation process based on the number of tokens they hold and are willing to "stake." This model not only incentivizes honest behavior among validators but also provides robust blockchain protection against attacks, ensuring the integrity and reliability of the network.
Has The HUSL faced any controversy or risks?
The HUSL has faced scrutiny due to concerns over extreme volatility, which poses significant investment risks. Additionally, there have been allegations of potential rug pulls and security incidents that raise questions about the project's integrity. These controversies highlight the need for caution among investors considering involvement with The HUSL.
The HUSL (HUSL) FAQ – Key Metrics & Market Insights
Where can I buy The HUSL (HUSL)?
The HUSL (HUSL) is widely available on centralized cryptocurrency exchanges. The most active platform is Uniswap V2 (Ethereum), where the HUSL/WETH trading pair recorded a 24-hour volume of over $0.998074.
What's the current daily trading volume of The HUSL?
As of the last 24 hours, The HUSL's trading volume stands at $0.998070 .
What's The HUSL's price range history?
All-Time High (ATH): $3.10
All-Time Low (ATL): $0.00000000
The HUSL is currently trading ~99.99% below its ATH
.
What's The HUSL's current market capitalization?
The HUSL's market cap is approximately $4 062.00, ranking it #4251 globally by market size. This figure is calculated based on its circulating supply of 10 379 879 HUSL tokens.
How is The HUSL performing compared to the broader crypto market?
Over the past 7 days, The HUSL has gained 0.00%, underperforming the overall crypto market which posted a 3.00% gain. This indicates a temporary lag in HUSL's price action relative to the broader market momentum.
Cryptocurrencies are highly volatile and involve significant risk. You may lose part or all of your investment.
All information on Coinpaprika is provided for informational purposes only and does not constitute financial or investment advice. Always conduct your own research (DYOR) and consult a qualified financial advisor before making investment decisions.
Coinpaprika is not liable for any losses resulting from the use of this information.
Trends Market Overview
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#2339
35.72%
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28.87%
#3434
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The HUSL Basics
| Hardware wallet | Yes |
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What is Market depth?
Market depth is a metric, which is showing the real liquidity of the markets. Due to rampant wash-trading and fake activity - volume currently isn't the most reliable indicator in the crypto space.
What is it measuring?
It's measuring 1% or 10% section of the order book from the midpoint price (1%/10% of the buy orders, and 1%/10% of the sell orders).
Why it is important to use only 1% or 10%?
It's important, because measurement of the whole order book is going to give false results due to extreme values, which can make false illusion of liquidity for a given market.
What is showing Historical Market Depth?
Historical Market Depth is showing the history of liquidity from the markets for a given asset. It’s a measure of combined liquidity from all integrated markets on the coinpaprika’s market depth module.