Sudeng (HIPPO) is the first meme coin on the SUI network. What is the potential of this meme coin? Are HIPPO’s fundamentals capable of making this token continue to attract investors and gain long-term hype?
Sudeng (HIPPO) is Sui Network’s first and only meme coin. $HIPPO not only focuses on memes, but also prioritizes community values and sustainable ecosystem development.
Currently, $HIPPO has a market capitalization of over $160 million and is the leading meme coin on the Sui network.
Why Sudeng (HIPPO) Attracts Attention?
Sudeng (HIPPO) is the favorite among Sui meme tokens for several reasons:
1. First Meme Coin on Sui: Sudeng is a pioneer of meme tokens on the Sui network, so it has the potential to become a market leader in the future.
2. Significant Market Capitalization: With a market capitalization of over $109 million, Sudeng shows huge growth potential.
3. Solid Community: The $HIPPO community is optimistic that the token price will continue to increase along with the positive trend of the Sui network.
Technical Analysis and Future Prospects
After experiencing a price correction some time ago, $HIPPO needs to show a signal of returning buying interest. Technically, $HIPPO price is at $0.01022 and must return to $013 for the uptrend to continue.
Currently, $HIPPO is listed on several global crypto exchanges and will soon be listed on Bitrue. With guaranteed liquidity, $HIPPO has the potential to attract more investors in the future.
Sudeng and the Future of Meme Coin on the Sui Network
The emergence of Sudeng (HIPPO) as a pioneer of meme coins on Sui paved the way for the presence of other meme tokens on the network. The “meme supercycle” trend currently occurring in the crypto world is also driving the growth of Sui-based meme tokens.
Apart from Sudeng, another meme token that is attracting attention is Fud The Pug (FUD). FUD is currently trading on MEXC and has support at the $0.0000005555 level. A potential FUD listing on Gate.io is expected to drive the price of the token up.
Sudeng (HIPPO) Donate to Elephant Conservation
Recently, the $HIPPO team represented by Kullathida Othong officially established a charity partnership with Khao Kheow Open Zoo in Thailand.
This partnership was marked by a donation of 5 million Thai Baht (approximately 150,000 USD) to support zoo operations and elephant conservation in Thailand.
This donation was given as a form of concern for the difficulties faced by wildlife in Northern Thailand due to flooding.
SUI Network’s Meme Coin and Native Stablecoin
The price of the SUI token itself is experiencing a significant increase, namely by 350% in the last 2 months. This increase was accompanied by a rapid increase in total value locked (TVL) on the Sui network.
This surge in price and TVL also drove the growth of Sui-based meme tokens, including Sudeng (HIPPO).
Apart from that, SUI also has a stablecoin, USDC Circle. Integration of stablecoin USDC Circle directly to the Sui network increases capital efficiency and improves user experience across multiple dimensions. SUI’s native USDC offers different advantages compared to bridged USDC (wUSDC).
Genuine issuance guarantees that the assets are fully reserved and can always be redeemed 1:1 for US dollars. This adds a layer of trust for developers and users, who can rely on the integrity of the underlying assets.
Conclusion
Sudeng (HIPPO) comes as a breath of fresh air in the crypto world, not only because it is the first meme token on the Sui network, but also because of its noble mission in supporting elephant conservation.
The $HIPPO team promises to announce more strategic partnerships and collaborations in the future.
$HIPPO prospects in the future look promising, especially with strong community support and the positive trend of the Sui network.
You can do in-depth research about HIPPO on Bitrue, such as following the latest crypto projects to checking prices in real time and even finding out price conversions from HIPPO ke USD.
This press release has also been published on VRITIMES