Focusing on Web2 Hippo traffic, an overview of SUI chain $HIPPO project analysis

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远山洞见2024/11/14 09:05

By:远山洞见

1.Project introduction

Su Deng ($HIPPO) is a Meme token on the Sui chain, inspired by the little hippopotamus Moo Deng at the Khao Kheow Zoo in Thailand. The project is community-driven and aims to push $HIPPO to the MEME market, bringing joy and topicality to users.

The project team promises to use a portion of the profits to support global wildlife conservation. The first batch of funds will be donated to the Khao Kheow Zoo where Moo Deng is located to help it better care for animals. In this way, Su Deng ($HIPPO) combines fun with public welfare, calling on more people to pay attention to the living environment of animals.

Focusing on Web2 Hippo traffic, an overview of SUI chain $HIPPO project analysis image 0

2.Narrative Description

Moo Deng, a small dwarf hippopotamus, was born at the Khao Kheow Zoo in Thailand. With her cute and lively appearance, she quickly became a "star" on the internet. Her daily life, basking in the sun, nibbling on grass, and curiously observing everything around her, has attracted the attention of global audiences and sparked a wave of hippopotamus craze in a short period of time.

Seeing the popularity of Moo Deng, the crypto community keenly captured this unique narrative perspective and decided to launch Su Deng ($HIPPO) as a Meme coin. This is not only to seize the trend, but also to convey the concept of protecting wildlife to the world. With the help of SUI, Su Deng ($HIPPO) endows this lovely little hippopotamus with a unique influence, connecting her story with wildlife conservation.

The birth of Su Deng ($HIPPO) is a fusion of encryption culture and public welfare. Users are not only participating in encryption projects, but also contributing to the protection of Moo Deng and more wildlife. The story of Moo Deng is brought to a wider world with the support of the encryption community, allowing global users to feel the practical significance of protecting wildlife through attention and interaction.

3.Market value expectations

Based on the current market value of Su Deng ($HIPPO) and the market performance of the benchmark project, the following expectations can be made for its future potential market value:

Benchmark project type and market value expectations:

1. Moo Deng ($MOODENG) - a well-known Meme coin on the Solana chain

Token price: 0.4819 dollars

Market capitalization: $477.08M

If the market value of $HIPPO reaches the level of $MOODENG, the expected token price is about 0.0477 dollars

2. Happy Cat ($HAPPY) - SOL on the chain

Token price: 0.036 dollars

Market capitalization: $120.62M

If the market value of $HIPPO reaches the level of $HAPPY, the expected token price is about 0.012 dollars

3. Baby Doge ($BabyDoge) - Dogecoin derivative project

Token price: 0 dollars 000000002747

Market capitalization: $438.81M

If the market value of $HIPPO reaches the level of $BabyDoge, the expected token price is about 0.0438 dollars

4. Economic models and on-chain chip analysis

The total supply of Sudeng ($HIPPO) is 10 billion coins, all of which have entered the market circulation and the current market value is about 198 million US dollars. The trading volume within 24 hours is as high as 222 million US dollars, indicating a high market activity level and strong trading demand. The token has recently fluctuated greatly, with the price rising from a low of 0.01 US dollars to 0.025 US dollars, indicating the market's enthusiasm and demand volatility.

On the trading platform, Cetus and Bitget are the main trading markets for $HIPPO. The 24-hour trading volume on Cetus is 39.13 million USD, accounting for about 17.6%, while Bitget's trading volume is 25.34 million USD, accounting for about 11.4%. The platform provides high liquidity and depth, ensuring that users do not encounter significant price slippage during the buying and selling process, making trading smoother.

5. Risk Warning

HIPPO, as a Meme coin with a zoo concept, is highly dependent on market sentiment and social media attention. As its core attraction lies in market heat, fluctuations in market heat may have a significant impact on the token value. Once public interest declines, the token may face the risk of rapid depreciation.

6. Official links

website：https://www.hippocto.meme/

Twitter：https://x.com/hippo_cto

Telegram：https://t.me/HIPPO_SUI

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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