Solana-based meme coin HUND has seen important positive factors, surging over 17% and gaining trending standing on Google.
On the time of writing, HUND was nonetheless up 9%, exchanging fingers at $0.00942 per knowledge from CoinMarketCap. The crypto asset additionally noticed a 3.7% rise in its every day buying and selling quantity, at present hovering round $4.6 million.
In the meantime, the meme coin’s whole market cap jumped over 10% and at present holds at $3.7 million. Nonetheless, HUND remains to be down 72% from its all-time excessive of $0.03415 reached on March 30.
HUND is a German Shepherd-themed meme coin constructed on the Solana blockchain. Key highlights of the mission embody Hundswap DEX, an unique NFT assortment, a multi-dApps platform with sensible AI options, and an progressive metaverse sport.
The meme coin has already secured listings on two main crypto exchanges, MEXC and Bitmart.
The NFT assortment, set to launch in Q2 2024, will function 5,000 NFTs of German Shepherd-themed comedian artwork with a mint date but to be introduced. To be eligible for the ready checklist, buyers should maintain greater than 10,000 HUND tokens.
In the meantime, its upcoming metaverse sport, slated for Q3 2024, will combine AI functionalities and supply an immersive expertise centred round German Shepherd meme characters. Additional developments, together with a testnet and new partnerships, might be revealed by This fall.
The mission’s founder, MuroCrypto, has been a good determine within the crypto area since 2017. Below his management, HUND goals to bridge meme tradition, digital artwork, and blockchain expertise, providing a mix of leisure, engagement, and funding potential.
The latest surge in HUND follows a serious asset supervisor, VanEck, submitting with the SEC for the first-ever Solana exchange-traded fund (ETF) within the U.S.
VanEck’s transfer has possible renewed enthusiasm amongst buyers in Solana-based meme cash, who anticipate a possible price surge in such tokens following the approval of the Solana ETF.
Moreover, HUND has initiated a long-term incentive program wherein holders obtain airdrops of newly launched meme cash.
On June 27, the group introduced that it might airdrop PIPI and SENDY meme cash to HUND holders. They’ve one week from the announcement to assert their tokens.
Pipi The Pepe (PIPI), a lately launched meme coin, is an authentic Pepe variant, with HUND holders receiving 0.1 PIPI per HUND. Sendy is an authentic meme character by Matt Furie, the creator of Pepe and different characters, with HUND holders receiving 0.05 SENDY per HUND.
The latest surge in HUND comes regardless of a broader drop within the meme coin market, which has decreased by 1.8% and at present stands at $48.3 billion.