Solana-Based Memecoin Hump (HUMP) Overtakes Dogwifhat (WIF) and Bonk (BONK)
A new player has emerged in the memecoin arena and has grown by 2,000% since its launch. A growing number of investors are paying attention to Hump (HUMP). What is this coin, and where is it traded?
Hump (HUMP), the recently launched dog-themed memecoin on the Solana network, has skyrocketed 2,000% since its debut, overtaking trending coins like Dogwifhat (WIF) and Bonk (BONK). Interestingly, the coin's 20x growth has come without much hype surrounding it, but that hasn't stopped it from leading the recent memecoin rally.
Newcomer @Humptoken is causing a stir in the #memecoin landscape by hitting an ATH🚀
— TheNewsCrypto (@The_NewsCrypto) April 3, 2024
24h bullish stats👇
🐕Current Price: $0.008058 (26%🆙)
🐕Trading volume: $1.5M (14%🆙 )
Are you long or short on $HUMP? pic.twitter.com/7R7cqTgA4h
Nevertheless, the growth of Hump (HUMP) can be explained by one obvious reason. Hump (HUMP) is part of the trending sector and operates in the Solana network. This was enough to form a large community in the shortest possible time.
According to the developers, what sets Hump apart from other competitors in the memecoin market is its innovative features, one of which is deflationary tokenomics, which incentivizes holders to actively participate in the ecosystem, creating scarcity and increasing value over time.
Where to buy Hump (HUMP)?
Just a few days ago, Hump was listed on Jupiter and Raydium, after which the price of the memecoin skyrocketed by 2,000%, rising from $0.0001 to its current value of $0.01219.
At the moment, the coin can be purchased on decentralized exchanges Jupiter and Raydium. In addition, a number of wallets such as MetaMask, Phantom, and Solflare support Hump. It is currently unknown whether the team plans to list the coin on larger and more centralized exchanges, but according to the developers' statements, they are focused on long-term development.
