$HIPP, a new revolutionary meme token, is already redefining the philosophy of meme cryptocurrencies as it records early wins and crashes strong milestones.
Scoring the First Big Win
Only a few hours after the official public launch of the HIPP meme token, the new asset scored a rare win surpassing over 1 thousand token holders. This win underscored the strength of this token as it joins the already crowded meme market.
In El Hippo’s roadmap, the network declared its intentions to reach 1k holders in the first phase of project development whereby it hit the 1k holders milestone faster than dozens of other products offering similar perks.
In phase 2 of El Hippo’s roadmap, the network plans to attain a fanbase of over 10 thousand holders. Major CEX listings will accompany this, as will strategic partnership announcements and the creation of new community-centric rewards. Since phase one is nearing completion, the Phase 2 implementation will kick in after the next few days.
In phase 3, El Hippo intends to attain the 100 thousand holders milestone. The long-term goal is to have a million holders in the final phase of implementation.
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However, the 1k milestone remains a key landmark in EL Hippo’s life.
Streamlined Access Equals Speedy Adoption
The biggest question is, why is El Hippo recording this speedy adoption? The answer lies in the simplicity of the processes associated with El Hippo.
The token is easy to access by purchasing it via the popular decentralized exchange network UniSwap. Currently, UniSwap remains the only major DEX to list the token.
This token is paired with different assets, including ETH, WETH, USDC, DAI, and WBTC. The HIPP/WETH tokens are the biggest pair. When writing this report, 1 HIPP was valued at 0.000000000001349 WETH.
HIPP trading charts. Source: Tradingview
Moreover, holding this token is easy using popular DeFI-focused wallets like Metamask and Trust Wallet. The ease afforded by El Hippo is a significant driver of the thriving meme coin. The community buzz behind this project is another powerful driver for the token’s success.
Furthermore, the utility of the HIPP token within the El Hippo ecosystem is another reason why many are stacking up this coin in its early days. Its future role in exchange listings, influencing, funding marketing campaigns, and the NFT market spell growth for the token.
Finally, El Hippo stresses investors’ safety when purchasing and holding HIPP. The network has displayed its smart contract address publicly to help everyone verify before entering any purchases. The network even gives steps to avoid phishing and other hacking attempts.
HIPP Surging 6000% Since its Dawn
Based on Coinmarketcap data tracking, on August 17, Hipp was trading at $0.000000000036 on the token listing platform. Shortly after, HIPP recorded a small price plunge.
From then, market charts indicate a surfing pattern, with the coin gaining slowly every other day. Later on the 17th, the token had gained value to a high of $0.000000000739, a close to 2000% price surge from just the first day of trading.
Later on 18th, the token’s value plunged slightly to a low of $0.000000000453, which remained a huge profit from the original price of launch.
On the 19th, things continued to grow positive as the token recorded further price surges, making a new high of $0.00000000127. Again, on this same day, HIPPO recorded a downward trend to a low of $0.000000000718. After recording this low, HIPPO continued with even greater price performance, going to a high of $0.00000000176.
When writing this report on the 21st, HIPP is trading at the price of about $0.00000000228. The reports indicate that this token has gained value highly by over 64.4%.
Tracking the value performance of the token since launch, HIPPO has gained over 6000% in value since August 17th. By the time of writing, the all-time high ever recorded by HIPPO token remains $0.00000000235.
The trading activity associated with the HIPP token remains very high based on data from Coinmarketcap. Ethereum Scan platform displays continuous buying and selling activity for the unique token.
The Future of HIPP token
The meme coin market is ever-growing. It is the market with the biggest buzz within the entire cryptocurrency landscape. Notice that, even when DOGE crowded the meme coin market, SHIBA INU came and earned its fanbase. There are several well-performing top meme tokens today, but still space for more.
HIPP also comes at a time when other HIPPO memes exist. However, the network’s promise of more partnerships and top NFT projects sets it apart from competitors. El Hippo promises to airdrop about 1% of HIPP’s total token supply to NFT holders in the future.
