1up is a native coin of the uptrend social media platform that is being created and issued on the ethereum platform.It can be transfered from one ethereum smart contract address to another without involvement of the third party.Because of this,it is being considered as a decentralized asset.The receiver smart contract address will receive their 1up coin upon the transaction being verified by miners running the ethereum network.This will happen after the sender pays a given amount of gas fees in terms of ethereum .As a native coin of the uptrennd platform,1up coin was mainly created to reward content creators on the uptrennd platform.On the uptrennd platform,there is upvote and downvote. When you create your OC content on the uptrennd platform,your upvote reward by other uptrenndians is unlimited while for non OC content,your reward is limited to 50 upvotes.In uptrennd platform,the higher your level the more reward you receive when your content is being upvoted by other users over there. 1UP coin can also be used to serve other purpose such as to create a community on the uptrennd platform as well as to upgrade your account to higher level for more reward.Different content creators can also use it to advertise their content on the uptrennd platform.In the near future,I hope to see 1UP coin increasing its utility function so that its price can be able to stabilize so that creators income will not be affected on the uptrennd platform.Towards the end of 2018,uptrennd platform was launched.In 2019,uptrennd has been trying to sell their coin to several investors as well as users. The price was pegged at $0.05 during that time.During all that time,more users have been seen getting attracted to the platform.Different creators were able to distribute their work on the uptrennd platform thus other users were able to upvote those content.During those days,uptrennd had not yet enabled withdrawal of 1UP on their platform.Towards the end of August when 1UP wanted to enable withdrawal of 1UP, 1UP was able to go as high as $0.06.The price then drop to as low as $0.02 and later falls below $0.01. Currently,1UP coin is valued at between $0.002 to $0.007.The increase in price was due to an increase in the number of users over the uptrennd platform while the decrease in price was due to different users as well as creators dumping their earned 1UP to few listed exchanges.The future price analysis of 1UP coin based on its mass adoption can further be explained as follows

Mass adoption

In the beginning of 2019,uptrennd had less than 10,000 users.During that time,1UP coin was pegged at $0.05.No withdrawal was enabled at that time.As August was coming to an end,the number of users had increased all the way to over 20,000.Then withdrawal of 1UP was then enabled later.The price was able to go as high as $0.06. The increase in price was due to an increase in the number of users on the uptrennd platform thus increasing the utility function of 1UP on the uptrennd platform. The price then dropped downwards all the way to $0.02.The decrease in price was due to dumping of  earned 1UP coin in few available exchanges by creators and users of the uptrennd platform.Currently,1UP coin is trading at a range of between $0.003 to $0.007. Based on mass adoption,the future price prediction of 1UP can further be explained for its bullish and bearish condition as follows  

1. 1UP bullish market condition based on mass adoption

Towards the beginning of 2019,the users base in uptrennd was less than 10,000. The current users by that time were recruiting new users through referral program and were able to earn some tokens for doing that.As of August 2019,the number of users at uptrennd had managed to go as high as 20,000. This includes the readers as well as content creators.By that time,the withdrawal of 1UP coin had already being enabled. Although the price was being pegged at $0.05, it was able to go as high as $0.06. This increase in price was due to an increase in the number of users in the uptrennd platform. This increase in the number of users in the uptrennd platform result to an increase in the utility function of the 1UP coin such as using the coin to upgrade to the next level so that they can be able to increase their income when their post is being upvoted. Other users were using the 1UP coin to advertise their content on the uptrennd platform so that it can get more views thus more income when those views result to upvote.The utility function had increased because the demand for the 1UP coin increases to serve the function listed from above thus users were purchasing the 1UP on the uptrennd platform by that time since it was unable to deposit on the uptrennd platform when you could purchase it on the available exchange by that time.Currently, 1UP coin is trading at a range of $0.003 to $0.007.This is indicated as from the candlesticks chart below;

 

1UP PRICE

 

From the future price analysis of 1UP coin above,there are two points,point A and point B. Before point A ,the price of 1UP coin can be seen to be moving upward and managed to go as high as $0.00413. This increase in price was due to an increase in the number of users in the uptrennd platform thus increasing the utility function of the 1UP coin in the uptrennd platform. The utility function which has been increased is that of 1UP coin being used to serve purpose like upgrading users account to the next level as well as promoting the content of several creators on the platform so that the views can increase which may result to upvote thus more revenue. Also,since uptrennd is a community based platform where 1UP is the coin connecting users and making the platform strong,the uptrennd generates its income mostly through ADS running on the platform while users are using the platform. The increase in the number of users results to an increase in the revenue generated through ADS. The uptrennd uses part of the revenue to purchase more coin for the benefit of the community members thus causing its price to also increase. Some users as well as some creators then dump their earned 1UP coin in few exchanges available thus causing the price to decline to point A at $0.00322. More users then continue to join the platform thus further increasing the utility function of the 1UP coin thus causing its price to further increase to point B. In one year time from now,if the uptrennd will make the platform strong by using most of the revenue generated through ADS running on the uptrennd platform to purchase the 1UP coin for the benefit of the community then the 1UP coin will become strong thus stable thus attracting more users and content creators to join the platform since their revenue will not be affected. More advertisers will also be attracted to advertise on the uptrennd platform thus the utility function of 1UP will further increase. If this can happen,then there is possibility of 1UP to go as high as $0.02 one year from now. As a content creator and users,the 1UP token you earn you should hold it for your future benefit.

 

2. 1UP bearish market condition based on mass adoption

Towards the beginning of 2019,the users base in uptrennd was less than 10,000. The current users by that time were recruiting new users through referral program and were able to earn some tokens for doing that.As of August 2019,the number of users at uptrennd had managed to go as high as 20,000. This includes the readers as well as content creators.By that time,the withdrawal of 1UP coin had already being enabled. Although the price was being pegged at $0.05, it was able to go as high as $0.06. This increase in price was due to an increase in the number of users in the uptrennd platform. This increase in the number of users in the uptrennd platform result to an increase in the utility function of the 1UP coin such as using the coin to upgrade to the next level so that they can be able to increase their income when their post is being upvoted. Other users were using the 1UP coin to advertise their content on the uptrennd platform so that it can get more views thus more income when those views result to upvote.In the near future,if uptrennd platform will become greedy by just dumping the 1UP coin just like creators in the platform instead of them to use the revenue generated through the ADS running on the platform,then the uptrennd platform will become weaker thus causing the utility function of the 1UP coin to also decrease since most creators will start leaving the platform to look for better platform where their revenue is not being affected. This is indicated as from the candlesticks chart below;

 

1UP

 

From the future price analysis of 1UP coin above,there are two points,point A and point B. Before point A ,the price of 1UP coin can be seen to be moving downward and managed to go as low as $0.00322. This decrease in price was due to a decrease in the number of users from the uptrennd platform thus decreasing the utility function of the 1UP coin in the uptrennd platform. The utility function which has been decreased is that of 1UP coin being used to serve purpose like upgrading users account to the next level as well as promoting the content of several creators on the platform . The uptrennd platform can also be considered to have become greedy such that instead of them to use part of the revenue generated through ADS running on the uptrennd platform,they are dumping the 1UP coin just like the creators and users are doing with their 1UP earned income thus making the 1UP coin to become weaker thus causing its price to decline as earlier indicated. Some few creators and users on the platform then purchase the 1UP coin in few exchanges available so that they can use it to upgrade their account to the next level as well as to promote their content in order to increase the views.This causes the price of 1UP coin to slightly move upward to point B at a price of $0.00412. Uptrennd continues to dump more 1UP coin in few exchanges available instead of them to purchase them for the benefit of the community with part of the revenue generated from ADS running on the platform. Because of this,more creators continue to exit the uptrennd platform because their revenue is highly affected thus further declining the utility function of the 1UP coin thus its price further decline all the way to point B. In the near future,if uptrennd will continue to dump the 1UP coin then it will be making the uptrennd community to grow weaker thus the price of 1UP coin is likely to decline much further to below point B. In one year time,the price can go as low as $0.001 if this is bound to happen though am not expecting it to happen.

 

Summary

1UP coin is the native coin of the uptrennd platform that is issued on the etherem platform. It has a maximum supply of 1 billion coins.In its early day,it was pegged to $0.05 but the price later can to decline after rising all the way to $0.06. As a native coin of the uptrennd platform, 1up coin is being used to serve several function such as to reward creators as well as to upgrade to the next level account and to promote contents on the platform. When users increases in number on the platform, the utility function of the coin will also increase thus causing its price to increase while when users decrease in number from the platform due to misbehaviour by the uptrennd platform,then the price of 1UP coin will also decrease.

 
 

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