HIPPO a leading memecoin has potential to easily reach $2Billion market cap in this bull run.

A meme coin is a cryptocurrency named after characters, individuals, animals, artwork, or anything else in an attempt to be humorous, light-hearted, and attract a user base by promising a fun community.

KEY TAKEAWAYS

• Meme coins are a type of cryptocurrency that relies on humor and the promise of a fun community to attract users.

• Meme coins can be profitable investments but are as volatile as other cryptocurrencies and may have less liquidity than more popular coins.

• Meme coins might be more useful to people who are interested in the community of users or the meme itself.

As with other cryptocurrencies, meme coins are created using blockchains. The tokens themselves are hexadecimal numbers that are stored on a blockchain, with private keys associated with them for ownership purposes. The images of coins with fun logos are used to help attract users.

In many cases, they have a market value, which also makes them convertible currencies that can be used in real-world transactions. However, many meme coins don’t often have utility, such as being used to pay blockchain participants for doing work for the blockchain.

I see Sudeng (HIPPO) is a memecoin launched in this year on the Suiblockchain. It was inspired by a hippo named Su Deng, who became an internet sensation and a popular meme.

The token is community-driven and has a strong focus on charitable initiatives, starting with donations to support wildlife conservation at a zoo in Thailand where Su Deng lives. Its price has been fluctuating recently due to market activity, but it saw notable growth in early October. The project has attracted attention for its unique mix of humor and social impact.

The sudeng (HIPPO) meme token is primarily used for trading and holding, similar to other meme coins. However, it stands out by allocating a portion of its profits to wildlife conservation efforts, starting with support for a zoo in Thailand that houses a hippo named Su Deng, the inspiration behind the token. In addition, HIPPO is used in community-driven charitable initiatives, and its popularity has led to it being traded actively on various exchanges like KuCoin. Its playful nature and meme appeal have helped it gain traction among crypto enthusiasts . I believe it has potential to hold it for long term in this bull run because it is build up on SUI blockchain which is trending in these days. I would suggest you to accumulate this gem as much as possible for long term.