The world’s largest cryptocurrency exchange, Binance, announced that it will add the Sui-based meme coin, sudeng (HIPPO), to its futures market today. Within minutes of the announcement, HIPPO's price surged by 90%, now trading at $0.022.
A New Addition to Binance’s Meme Coin Lineup
The listing of HIPPO is the latest in a series of meme coins recently added to Binance’s platform. However, the question remains: what’s next for the token after this rapid rise?
Binance Announces HIPPO Listing
Binance revealed that HIPPO will be listed today, November 13, at 12:30 UTC. Trading for this token is expected to begin around the same time. Prior to the announcement, HIPPO was trading at $0.012.
Rapid Increase in Volume and Price
Once news of the listing became public, HIPPO's trading volume skyrocketed to $100 million, and the price of the Sui meme coin soared.
This story is still developing…
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