Binance to List Sui-Based Meme Coin HIPPO, Price Skyrockets By 90%
11/13/2024 18:17
HIPPO's Binance listing boosts visibility among meme coins, with increased trading interest likely. Discover what's next for the meme coin.
The world’s largest exchange, Binance, has announced that it will list the Sui-based meme coin sudeng (HIPPO) in its futures market today. A few minutes after this disclosure, HIPPO’s price jumped by 90% and currently trades at $0.022.
The HIPPO Binance listing is the latest in a series of meme coins recently added by the exchange. But what’s next for the token following this development?
Binance Announces sudeng Listing
According to Binance, HIPPO will launch today, November 13, at 12.30 UTC. It also mentioned that trading will open around the same time. Before the announcement, HIPPO’s price was $0.012.
However, as soon as the news became public, the trading volume jumped to $100 million, and the price of the Sui meme coin rallied as well.
This is a developing story…
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Victor Olanrewaju is a technical and on-chain analyst at BeInCrypto, where he monitors the activities of mid- and large-scale investors, commonly known as crypto whales, to detect investment trends across diverse cryptocurrencies, including Bitcoin, altcoins such as Solana, XRP, Cardano, and Toncoin, as well as meme coins like Dogecoin, Shiba Inu, and Pepe. Additionally, he covers emerging trends including Tap-to-Earn games, AI tokens, and real-world assets (RWA). Before joining BeInCrypto...
Victor Olanrewaju is a technical and on-chain analyst at BeInCrypto, where he monitors the activities of mid- and large-scale investors, commonly known as crypto whales, to detect investment trends across diverse cryptocurrencies, including Bitcoin, altcoins such as Solana, XRP, Cardano, and Toncoin, as well as meme coins like Dogecoin, Shiba Inu, and Pepe. Additionally, he covers emerging trends including Tap-to-Earn games, AI tokens, and real-world assets (RWA). Before joining BeInCrypto...
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