CandleFocus Meme Coin Trader Misses A $25 Million Payout After Selling HIPPO On Sui Network Early
2024-10-05
Author: Content Editor
The article discusses the recent surge in activity surrounding the Sui Network, a blockchain that boasts fast transaction speeds. It focuses on a meme coin called Sudeng (HIPPO) that was launched six days ago on the Sui Network. The price of HIPPO has been rising rapidly, resulting in significant gains for early investors. The article mentions a trader who sold their HIPPO tokens early and missed out on potential profits. However, the trader still made a substantial gain and should not be blamed. The article also notes that HIPPO is not very liquid, with one address controlling a large portion of the token supply. Traders will be closely monitoring HIPPO's performance, as its success depends on hype and FOMO.
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