The FOMO Factor: How Are Floki Inu And HUH Token Creating A Storm In The Crypto-Sphere?
Floki Inu and HUH Token share similar values in their desire to change the world for the better and hope to make the crypto world more accessible to all. Both of these cryptocurrencies are doing their best to stand out from the slew of other currently available cryptocurrencies. Part of their strategy is to create a strong sense of FOMO.
Rahul Bhushan, the co-founder of Rize ETF, effectively summarises the presence of FOMO and its place in the crypto-sphere below:
“It’s a new and dynamic space, and we certainly seem to be heading to a world where crypto is an accepted part of the financial ecosystem. The huge and rapid increase in price has created a perpetual FOMO (fear of missing out) and a desire to participate in the growth of cryptos.”
He also points out that crypto usage is increasing at a rate similar to that of the internet in the late 1990s. So how exactly are Floki Inu and HUH Token creating this FOMO frenzy?
HUH Token’s FOMO Inducing Referral System
HUH Token describes itself as a token with cashable rewards. The crypto has created a referral system that is being dubbed as ‘revolutionary’ in the press. The system is straightforward and works like this; if you refer someone, whatever amount they buy, you earn 10% in BNB from their first purchase. This is exciting, especially if you know some big buyers in the crypto community. However, the fun doesn’t stop there as you can refer as many people as you like and continue to earn 10% BNB from every first purchase. The referees benefit too, as they get a reduced sales fee from 20% to 10%.
The second FOMO inducing feature for HUH Token is that their holders earn more as they have two separate income streams. In addition, HUH Token is the first-ever cryptocurrency to distribute BNB and token, so you have more ways to earn.
Floki Inu’s FOMO Marketing Campaign
Floki Inu recently unleashed a beast of a marketing campaign that saw London transport overrun with Floki Inu posters and billboards. The advert had a picture of the adorable Floki Inu logo followed by the strapline ‘Missed Doge? Get Floki’. While the campaign lasted, it proved highly effective for the cryptocurrency as the price rose by 50%. However, The Advertising Standards Authority launched an investigation after receiving complaints about crypto’s marketing campaign.
However, even though the campaign didn’t last very long, it was short and sweet. It effectively created that sense of FOMO, and even once the ads were taken down, they are still being talked about to this day. Thus, there is no denying that it was a successful campaign.
The Power Of FOMO
The power of FOMO should not be underestimated. It is very psychological, and it causes that itch in the back of your mind that becomes fixated on what exactly you are missing out on. Once that can of worms is opened, it is difficult to close it. HUH Token and Floki Inu are using this power to their advantage, and who can blame them when there are so many competitors to stand out among.
Both of these cryptocurrencies have more to offer than FOMO, and a big part of their joint appeal is their charitability. For example, HUH Token has partnered up with Eden Reforestation Projects to plant 1 million trees. Acts such as this are extremely important, and it sets the standard for other cryptocurrencies to follow.
Good luck to HUH Token and Floki Inu; hopefully, they can keep up their charitable work and continue to thrive in the crypto-sphere.
Learn More About HUH Token Here:
HUH Official Swap- https://swap.huh.social/