$HEGE, the first story-driven memecoin, has been making waves in the world of crypto since its inception 9 months ago. Key reasons for this are the incredible strength and loyalty of the community, the uniqueness of the project, the attractive NFT’s that pay dividends, and the dedicated and creative team. But there are a few more hidden factors that give this project such a strong foundation. I’d like to discuss some of those factors in this post.
Technical strength
- $HEGE is the only coin on Reddit that consistently has established higher floors on its price chart for 9 months straight. Since the inception of the project, this coin has steadily increased in value.
- Organic Chart Growth: $HEGE has seen fast pumps followed by controlled consolidations, with exponential growth in holders during those phases. That’s a healthy sign.
- Each consolidation phase has then been followed by 8-10x gains, and then another consolidation phase.
- Presently, $HEGE most likely is in the last steps of its current consolidation after the run from 7 million to 50 million USD market cap. That usually is a good entry point.
Financial expertise
- One of the core team members of $HEGE ran a quantitative crypto trading firm and was the Head of Algorithmic FX Trading Strategies and Oversight at Bridgewater Associates, one of the world’s largest hedge funds. This brings a lot of expertise to the project.
- $HEGE is backed by a venture capital firm, Victus Capital. Victus has also partnered with other crypto projects – $PEPE the most prominent one. The business model of VC firms consists of investing in the early stages of a promising project aiming for large returns on their initial investment after several growth stages. $HEGE passed their scrutiny.
Increased Social media presence
- Recent TikTok video hit almost 500K views, others more than 100K
- 25K followers on X
- 10K followers on Instagram
- 9000 Telegram members
New market maker
- $HEGE outlined their stage 2.5 growth plan a few days ago. It consists of a two new exchange listings, one with the option of leverage trading, enlisting large KOL’s and a new marketing push (the previous one led to a x8 rally).
- Most crucially, the phase 2.5 growth plan also mentions the employment of a new market maker.
- Market makers stimulate organic volume and avoid large price drops caused by limited volume. This is incredibly important as large drops in a coins price are a big turn off for potential investors and professional traders. Market makers also stimulate volume growth.
- Both organic volume (a small spread between ask and bid price) and a large volume are a requirement for listing $HEGE on large exchanges, who aim for positive trading conditions as they earn revenue from trading fees. The fact that this project will enlist the services of a larger market maker is therefore a hidden, yet crucial step towards $HEGE’s goal of reaching 1 billion USD market cap.
submitted by /u/D0LPH1N1
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