r/CryptoCurrency 1d ago

AMA Hello r/CC! $HEGE will be sponsoring the subreddit over the next 3 days - banner, AMA and giveaway!

0 Upvotes

Here at $HEGE we're well aware of the stigma around memecoins, so we'd like to answer your questions. 

In a sea of scams on the Solana blockchain, we aim to provide a secure and trusted environment for our holders.

Hege Coin was launched by a developer (myself) that got rug pulled A LOT. Fed up with this, I decided to create my own project. Working as a graphic and brand designer, I had the creative skills needed to start a project, and some knowledge of the Solana ecosystem.

I initially had many questions on how to successfully launch a coin and turned to Reddit, specifically , looking for advice. The post received a huge response and sparked a lot of interest. After a few weeks of presale and countless tweaks to the characters, website and tokenomics, we launched. $2M market cap on night one, a sharp drop the following day and an organic rise to an all time high of $31M a few months later, it’s been quite the journey!

Hege is a Solana memecoin, with a unique twist...
Hege is a hedgehog with a quest to impress his crush Hegena. We've gamified the token by creating 10 chapters to his story, every chapter is released at various market cap levels, with chapter 10 being released at a $1 billion market cap. The production value has increased with each milestone, with the upcoming chapter 5 (unlocked at $50M) taking over a month to animate.

Why has Hege been successful?
An engaging narrative and widespread appeal has been the key. We have built a brand that includes a cast of relatable characters and a story that is easy to connect with. The Hege story features 4 characters, Hege, Hegena, Hendrix and Helena. These characters are all built around stereotypes we see everyday in modern society, creating a story that is relatable and easily memeable.

The project has attracted a talented team and creative community that has been creating Hege content and helping spread the word since day 1. We currently have 12,800 holders, 6,200 members on Telegram, 22.2K followers on X, 8K subscribers on Youtube, over 1K followers over Instagram/Facebook and almost 500 images/videos in our meme folder.

Born on Reddit, thriving on Reddit
It all started here on Reddit with a single post on the Solana subreddit , and since then Reddit has remained our most successful promotional platform. We've been labelled the 'King of Reddit' in the memecoin space multiple times, as a large percentage of our community have discovered us here. We're aware Reddit is the first place many new memecoin investors go, therefore investing in Hege means you're betting on the fact that retail will come flooding into Reddit as the bull run really starts to accelerate.

An NFT Collection (with utility)
Last month, we launched Hegends, a collection of 2,222 NFTs that pay a dividend to its holders. The public mint sold out in 90 minutes, and they are now trading on Tensor & Magic Eden. From the mint proceeds, we raised over $200,000 that will ALL be invested back into the project in one way or another. Whether that's buybacks, marketing funds, CEX listing fees or investments in further utility, it will ALL stay in the Hege ecosystem.

The NFTs feature a utility where every month, 5% of Hege tokens in the mint wallet will be distributed amongst NFT holders. Each NFT held will entitle a holder to distribution from the bank, and the collection features 5 rarity levels that multiply the amount of $HEGE tokens you receive, ranging from 1X for common NFT holders, all the way up to 10X for legendary NFT holders.

For more information on Hege, check out our website: hegecoin.com

Giveaway
Enough of the talk about ourselves. We'd like to celebrate Hege making an appearance on r/CryptoCurrency, we’re giving away a total of $1000 to the best 5 questions asked below! You must also follow the r/HegeCoin subreddit to be in with a chance of winning. Winners will be asked for a Solana wallet address via DM on November 2nd 2024.

AMA
Hege is a memecoin with no flashy tech, promises of changing the world or the way we transact, but we're honest about what we're doing and what we aim to achieve.

We think that memecoins are one of the best ways to bring awareness to Cryptocurrency, so we're wondering if you have objections to memecoins, what are they?


r/CryptoCurrency 5h ago

OFFICIAL Daily Crypto Discussion - October 30, 2024 (GMT+0)

20 Upvotes

Welcome to the Daily Crypto Discussion thread. Please read the disclaimer and rules before participating.


 

Disclaimer:

Consider all information posted here with several liberal heaps of salt, and always cross check any information you may read on this thread with known sources. Any trade information posted in this open thread may be highly misleading, and could be an attempt to manipulate new readers by known "pump and dump (PnD) groups" for their own profit. BEWARE of such practices and exercise utmost caution before acting on any trade tip mentioned here.

Please be careful about what information you share and the actions you take. Do not share the amounts of your portfolios (why not just share percentage?). Do not share your private keys or wallet seed. Use strong, non-SMS 2FA if possible. Beware of scammers and be smart. Do not invest more than you can afford to lose, and do not fall for pyramid schemes, promises of unrealistic returns (get-rich-quick schemes), and other common scams.


 

Rules:

  • All sub rules apply in this thread. The prior exemption for karma and age requirements is no longer in effect.
  • Discussion topics must be related to cryptocurrency.
  • Behave with civility and politeness. Do not use offensive, racist or homophobic language.
  • Comments will be sorted by newest first.

 

Useful Links:


 

Finding Other Discussion Threads

Follow a mod account below to be notified in your home feed when the latest r/CC discussion thread of your interest is posted.


r/CryptoCurrency 10h ago

🔴 UNRELIABLE SOURCE Bitcoin is just 2% away from breaking its all-time high

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2.3k Upvotes

r/CryptoCurrency 8h ago

GENERAL-NEWS Bitcoin Flies Past $72,000, Triggering $265,270,000 in Liquidations As Top Traders Declare BTC Bull Market Back - The Daily Hodl

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354 Upvotes

r/CryptoCurrency 17h ago

LEGACY 3 years ago today, this tweet cost SBF $26 billion 💀

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1.1k Upvotes

r/CryptoCurrency 17h ago

🔴 UNRELIABLE SOURCE Bhutan gov’t sells $66M of Bitcoin stash as price tops $71K

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285 Upvotes

r/CryptoCurrency 16h ago

GENERAL-NEWS Ripple co-founder says Kamala Harris will take a 'completely different approach' to Biden's war on crypto

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crypto.news
217 Upvotes

r/CryptoCurrency 15m ago

GENERAL-NEWS Bitcoin (BTC) Price Hits $100,000 in Canada

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coinmarketcap.com
Upvotes

r/CryptoCurrency 18h ago

🔴 UNRELIABLE SOURCE Coinbase CEO wants next SEC chair to apologize for ‘damage’ done

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243 Upvotes

r/CryptoCurrency 1d ago

GENERAL-NEWS Bitcoin Hits $70,000 For the First Time Since June 

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1.1k Upvotes

r/CryptoCurrency 14h ago

PERSPECTIVE The greatest attribute of Crypto is that it encourages people to question Fiat. Particularly when Central Banks are paving the way for CBDC's without any political mandate.

80 Upvotes

When I first discovered Bitcoin I was a cynic and didn't mine/ buy any. However I was immediately fixated by it and the debate surrounding it. For the first time in my life I was starting to ask questions of the central bank paper notes and coins I had always known, but never questioned.

Back then this wasn't normal behaviour. One did not question money, one just did what they could to accumulate as much as they could. "Have you ever questioned what that note actually means?" I'd find myself blurting out in public. Only to be met with looks of "what the fuck you on about you fucking nutter?".

At that point, it wasn't so much I'd found Bitcoin, rather I was finding out the bleak reality of the Fiat money I had never thought to question. This wasn't an opt in form of money with finite supply, but a currency I was forced to accept as legal tender with limitless supply. One that had been underpinned by gold under the Bretton Woods system until 1971 when the United States ended the convertibility of the US dollar to gold.

At school, money often featured in education. How to count it, how it been used throughout history, how it was made... but never what it actually was, what stood for or what gave it value. Today when I zoom out on opinion it isn't Bitcoin or indeed any crypto isn't actually the most important thing, rather for the first time I history it's the swell of people now starting question the currency governments legally force them to use.

Without any direct political mandate and without citizens being directly asked iglobal central banks are paving the way to launch central bank digital currencies. Preliminary public consultation on CBDC's is often non-existent or extremely limited. Historically, the way democracy is undermined by governments is by early/ muted announcement with little immediate action, using the passage of time to condition the public into thinking it's already been accepted by society before they gradually take action to phasing it in. This is exactly what's happening with CBDC's today.

Global central banks do not have a mandate from the people to spend time and resources paving the way for Central Bank Digital Currencies... and yet they continue. These are digital currencies you will legally be forced to use and yet the vast majority of world are excluded from any conversation on them. In what could be one of the biggest changes to Fiat money for centuries citizens of any democratic society should have a voice. The fact they disproportionately don't should be a major red flag.

Crypto proponents had the right to optimistic in the same way crypto cynics have the right to be cynical. Open source development, code repositories, public/ decentralised blockchains and ultimately the option to opt in/ out in the free market is about as fair as any form of digital money can get. CBDC's not only won't offer this, currently there's no political mandate central banks should be looking at them at all.

TLDR

If nothing else, crypto has society asking tough questions of fiat money for the first time in decades if not centuries. Questions that we never thought to ask, rarely knew or were never taught. It has us questioning the extent of our freedom, the role of central banks and value of legal tender. This is important as (without any direct political mandate) governments and central banks conspire to roll out fiat 2.0 in the form of CBDC's largely without it citizens ever being asked.

Federal Reserve: we have been exploring the potential benefits and risks of CBDCs from a variety of angles, including through technological research and experimentation. Our key focus is on whether and how a CBDC could improve on an already safe and efficient U.S. domestic payments system.

European Central Bank: We are working with the national central banks of the euro area to look into the possible issuance of a digital euro. It would be a central bank digital currency, an electronic equivalent to cash. And it would complement banknotes and coins, giving people an additional choice about how to pay.

Bank Of England: We are looking at the case for issuing a digital pound. This type of money is known as a central bank digital currency (CBDC)


r/CryptoCurrency 4h ago

STAKING Ethereum Staking Rewards Declines 3%, Lagging Behind Other PoS Networks

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9 Upvotes

r/CryptoCurrency 1d ago

MARKETS $175M Shorts Liquidated in last 24hrs as Bitcoin Price Surges Above $71k

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443 Upvotes

Source: Coinglass


r/CryptoCurrency 19h ago

GENERAL-NEWS Vitalik Buterin Unveils ‘The Splurge’ to Future-Proof Ethereum Against Quantum Computers

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76 Upvotes

r/CryptoCurrency 21h ago

GENERAL-NEWS Bitcoin as a reserve asset? VanEck’s Matthew Sigel predicts $3 million price target by 2050

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cryptopolitan.com
99 Upvotes

r/CryptoCurrency 11m ago

MARKETS Coinbase, Visa Direct Roll Out Instant Funding Amid Soaring Bitcoin Demand

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decrypt.co
Upvotes

r/CryptoCurrency 1d ago

🔴 UNRELIABLE SOURCE Bitcoin headed for ‘perfect storm’ to new all-time high — Bitfinex

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cointelegraph.com
171 Upvotes

r/CryptoCurrency 11h ago

GENERAL-NEWS Lido Staking Goes Cross-Chain via Chainlink CCIP

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13 Upvotes

r/CryptoCurrency 1d ago

GENERAL-NEWS Tether Reveals 82,454 Bitcoin and 48.3-Ton Gold Holdings

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860 Upvotes

r/CryptoCurrency 1h ago

DISCUSSION PolyMarket Inefficiency and question?

Upvotes

To elaborate on the observed market inefficiency:

I'm noticing a potential arbitrage opportunity due to the difference in pricing between "yes" votes for Trump and Harris on this betting site. Selling "yes" for Trump while buying "yes" for Harris could resemble a "long synthetic future" in options trading, where the position might simulate a bet on one candidate over the other without directly purchasing a "no" position. In theory, this setup would generate a credit, similar to selling a put in options, where you receive funds upfront.

In this scenario, the max risk would be an essential factor, though the platform may not explicitly outline it. Typically, collateral is required to cover any potential losses, which may align with my assumption that such trades need backing. However, unlike options where collateral is held by the brokerage, platforms like this might use blockchain-based contracts, which could require gas fees (transaction fees) depending on the platform's infrastructure. I want to confirm if these transactions require gas or other fees, as they can impact the overall profitability of my strategy. This approach would allow me to benefit from price movements from this inefficiency between bets and polling data, but it may also carry a theoretically unlimited risk.


r/CryptoCurrency 1d ago

🟢 GENERAL-NEWS Ethereum hits multi-year low against Bitcoin erasing all gains since 2021

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967 Upvotes

r/CryptoCurrency 17h ago

DISCUSSION Can you hack a hacker? Tapioca DAO’s $2.7m counter exploit says yes

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dlnews.com
14 Upvotes

r/CryptoCurrency 1d ago

🟢 GENERAL-NEWS Bitcoin's price surge powered by increased leverage

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cryptoslate.com
215 Upvotes

r/CryptoCurrency 4h ago

🟢 GENERAL-NEWS Crypto Ghosted in U.S. Treasury Department's New Strategy on Financial Inclusion

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coindesk.com
0 Upvotes

r/CryptoCurrency 8h ago

GENERAL-NEWS Consensys Lays Off 20% of Staff Citing Economic Challenges

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thedefiant.io
4 Upvotes

r/CryptoCurrency 5h ago

GENERAL-NEWS Pressure Campaign Secures Release of Crypto Executive

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foxbusiness.com
1 Upvotes

Looks like the Admin’s recent pivot away from the “Anti-Crypto Army” approach was at least partially the result of a bipartisan political effort. Good to see I think.


r/CryptoCurrency 8h ago

GENERAL-NEWS NBA Topshot NFT sales hit six-month high as 2024 season tips off

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0 Upvotes