The Hippo (HIPP), Meme Coin of a new type, challenges Shiba Inu (SHIB) and Pepe Coin (PEPE)

The Hippo (HIPP), Meme Coin of a new type, challenges Shiba Inu (SHIB) and Pepe Coin (PEPE)
Cover image via www.freepik.com

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To attract community enthusiasts, El Hippo Contributors (HIPP) announced a large-scale multi-product roadmap and activated a fiat payment gateway.

Liquidity Incentives for New Meme Coins: What is El Hippo (HIPP)?

Developers of The Hippopotamus (HIPP) launched a set of transparent smart contracts that aim to build trust for various groups of investors. In the medium term, this measure is designed to protect HIPP investors from unpredictable selling pressures.

Image by The hippo

Developers, early contributors and whales have no opportunity to initiate price manipulations. As such, HIPP’s tokenomics attempts to be healthier and more transparent than that of major competitors and established blue-chip meme coins.

The developers also allowed users to make their investment strategies more flexible: since the start of El Hippo (HIPP) operations, all HIPP transfers are loaded with 0% purchase and sale taxes. Everyone can operate their HIPP exchanges without paying taxes.

Furthermore, 6.9% of the supply will remain intact in the current development phase of El Hippo (HIPP) and will be held in a multi-sig wallet. In the future, this allocation will drive listings on centralized exchanges, the activation of cross-network bridges, and the launch of new liquidity pools.

Ambitious ecosystem roadmap: listings, academia, NFT

Unlike the vast majority of meme coins, El Hippo (HIPP) focuses on achieving strategic success rather than short-term hype. That is why the collaborators of El Hippo (HIPP) published an ambitious roadmap with four development phases.

At the time of this publication, the project has achieved all phase one goals: smart contract launch, DEX listing, 1000+ holder milestone, and a Discord community start. Furthermore, in phase two, El Hippo (HIPP) managed to organize a community rewards program, secure a series of strategic partnerships and reach the threshold of more than 10,000 holders.

In the next phases of development, the El Hippo (HIPP) team will focus on community growth. Thus, in phase three, a newsletter will be launched, an academy will welcome the first students and initial product launches will be available on the El Hippo (HIPP) website.

Then, in phase four, the El Hippo (HIPP) team will create and publish non-fungible tokens (NFTs), proceed to CEX level 1 listings, and reach the milestone of 1,000,000 HIPP holders. One percent of the aggregate HIPP supply will be airdropped to all El Hippo NFT holders.

El Hippo Team Offers Simplified HIPP Purchases with Fiduciary Instruments

Easy onboarding is a top priority for El Hippo (HIPP) engineers. To further this goal, El Hippo (HIPP) created a fiat on-ramp for beginners on its official website.

Users in the most cryptocurrency-friendly countries in the world (United Arab Emirates, Turkey, India, Indonesia, and Mexico) can purchase HIPP with their credit cards for super low fees.

Additionally, cryptocurrency holders from other countries and regions can purchase HIPP tokens with their centralized and decentralized cryptocurrency wallets. The El Hippo (HIPP) team shared detailed instructions on how to buy HIPP with MetaMask, Trust Wallet and Coinbase Wallet.

El Hippo’s HIPP becomes a dangerous competitor for conventional meme coins

As the meme coin segment is saturated with cat and dog-themed cryptocurrencies, some of them offer solid symbolic foundations behind sophisticated ethos and semi-ironic narratives. For example, Bone Shibaswap (BONE) is a vital part of the ever-growing Shiba Inu (SHIB) ecosystem and facilitates governance across the Shibarium. This is how Shiba Inu supporters have a say in critical decisions for the project.

Floki Inu (FLOKI) donates a portion of its supply to charity and has fostered a fun Viking-themed aesthetic based on Norse mythology that has proven very popular online. Add to that a play-to-earn metaverse and a stellar collection of NFTs, and the Floki ecosystem is starting to look very complete.

Meanwhile, even “pure” meme coins continue to attract community enthusiasts and new investors. PEPE Price benefited from being the embodiment of a pre-existing meme that has been floating around the internet for many years, provoking a sense of nostalgia that is difficult for newer projects to compete with.

At the end of the day, HIPP remains arguably the only token that combines the “just for fun” ethos of meme coins with well-balanced tokenomics, long-term liquidity initiatives, and a promising roadmap in GameFi, NFTs. and Play-to-Earn. and EdTech segments.

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