El Hippo, a project priding itself as the next big meme coin, is making waves in the cryptocurrency world as it achieves a remarkable milestone – reaching 1000 holders a week ahead of schedule. The achievement highlights the growing enthusiasm and support surrounding the $HIPP token, positioning it as a potential heavyweight in the meme coin space.
El Hippo’s community-centric approach
El Hippo designed its tokenomics to foster price growth and encourage community involvement. With a total supply of 777T HIPP, 1% of this goes to airdrops to their loyal community members and NFT holders.
Moreover, El Hippo’s token, $HIPP, has a utility beyond just trading. It incentivizes exchange listings, funds influencer relationships, and supports marketing campaigns, strengthening the coin’s long-term prospects. So far, it has established Telegram, Discord, Coinmarketcap, and Twitter communities.
The project has also streamlined its purchase process, even for inexperienced traders. The investors can choose between a Trust Wallet or Metamask for their purchase. After configuration, they can access Uniswap, enter the $HIPP ticker, select the desired amount, and confirm the trade.
El Hippo’s roadmap is structured to ensure steady growth and sustainability. The project is divided into four phases, of which the first two steps on the launch and DEX listing are complete. The project is now focused on CEX listings, strategic partnerships, and community rewards. The next phases will encompass an El Hippo Post newsletter, an educational academy, listings on tier 1 exchanges, and accumulating over 1,000,000 holders.
El Hippo’s token is surging
As the community grows, the El Hippo token, $HIPP, has also been experiencing growth. At the time of writing, data from CoinBrain shows that the token is trading at $0.000000002285, up 67% in the last 24 hours.
The token’s trading volume in the last 24h was $94,286.80, representing 5.30% of its current market cap, meaning El Hippo has had relatively healthy trading activity in the past day. The token also has $256,310 in the El Hippo liquidity pool, which is 5.81% of El Hippo’s current market cap.