What is Sudeng (HIPPO) Token?

Bittime - Sudeng (HIPPO) is a crypto token inspired by a baby named hypopotamus Moo Deng. Moo Deng, who was born in July 2024 in Thailand, quickly became a star online thanks to his adorable personality. 

Not long after its appearance, Moo Deng's popularity triggered the birth of a number of tokens, one of which was Sudeng (HIPPO) which is based on the Sui blockchain network.

Sudeng is here with the aim of taking advantage of this viral attraction while also contributing to animal conservation. This token aims to support wildlife conservation by donating a portion of their profits to Khao Kheow Open Zoo, where Moo Deng lives with his family. 

Sudeng (HIPPO)'s presence in the crypto market promises more than just financial gains. This memecoin is also about supporting a larger social cause.

Why is Sudeng (HIPPO) Popular?

Sudeng's success in attracting the attention of many crypto investors in a very short time cannot be separated from several key factors. One of them is its nature as memecoin which takes advantage of the viral phenomenon of Moo Deng. 

The cute and cuddly Moo Deng is the center of attention on social media, and many people are interested in supporting tokens inspired by him.

However, what differentiates Sudeng (HIPPO) from many other memecoins is its connection to wildlife conservation. Apart from being a symbol of adorable memes, Sudeng also carries a strong social message. 

By focusing on charitable causes, this token has succeeded in attracting the attention of investors who are not only looking for financial gain, but also want to participate in the nature conservation movement.

Read also: Peanut the Squirrel ($PNUT) Token Price Skyrockets Because of Elon Musk

On the technical side, Sudeng uses blockchain Sui, which offers several advantages such as fast transactions and low fees. The Sui blockchain, although relatively new compared to networks like Ethereum, is able to handle high transaction volumes without experiencing delays or high fees. 

This makes Sudeng (HIPPO) more attractive to crypto traders looking for solid technical performance in addition to the social appeal of the token.

Sudeng Price Movement (HIPPO) Latest

Sudeng (HIPPO) was first launched in early October 2024. Although still very young, the token has already shown impressive performance in the crypto market. 

In a short time, Sudeng managed to enter the list of the top 50 memecoins based on market capitalization and became one of the largest tokens built on blockchain Sui. 

Read also: 5 Best Memecoins on the Solana Network: There are ACT, PNUT, and LUCE

At the moment, HIPPO is in fifth position on the list of Sui-based tokens, with a market capitalization of approx $85.56 million (Rp. 1.35 trillion) and the daily trading volume reached $39.33 million (Rp. 621 billion) as of 30 October 2024.

However, like other memecoins, the price of Sudeng (HIPPO) is quite volatile. In the latest data, the price of Sudeng is recorded $0,021087 USD (Rp333,71) with 24-hour trading volume reaching $115.57 million (Rp. 1.83 trillion). 

Despite a decrease of 15,93% In the last 24 hours, Sudeng remains in the ranks of crypto tokens to be reckoned with. With maximum supply and maximum circulation 10 billion HIPPO, Sudeng has the potential to develop further, although the crypto market is often full of uncertainty.

Conclusion

Sudeng (HIPPO) is an interesting example of how memecoin can combine viral appeal with a larger social purpose. Originating from the popularity of Moo Deng the adorable baby hippo, Sudeng has managed to attract the attention of many people thanks to his unique character and charitable causes that support animal conservation. 

Plus the technical advantages of use blockchain Sui, which ensures fast transactions and low fees, Sudeng further strengthens its position in the market.

For those interested in investing while supporting animal conservation, Sudeng (HIPPO) could be an attractive option—but keep in mind the highly volatile crypto market dynamics.

Whatever your decision, Sudeng (HIPPO) shows how the crypto world is increasingly developing with the presence of projects that not only focus on financial profits, but also have a positive impact on the world.

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