Binance to List Sui-Based Meme Coin HIPPO, Price Skyrockets By 90%

Source Beincrypto

The world’s largest exchange, Binance, has announced that it will list the Sui-based meme coin sudeng (HIPPO) in its futures market today.  A few minutes after this disclosure, HIPPO’s price jumped by 90% and currently trades at $0.022.

The HIPPO Binance listing is the latest in a series of meme coins recently added by the exchange. But what’s next for the token following this development?

Binance Announces sudeng Listing

According to Binance, HIPPO will launch today, November 13, at 12.30 UTC. It also mentioned that trading will open around the same time. Before the announcement, HIPPO’s price was $0.012.

However, as soon as the news became public, the trading volume jumped to $100 million, and the price of the Sui meme coin rallied as well. 

HIPPO price analysis Binancesudeng 4-Hour Price Chart. Source: TradingView

This is a developing story…

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Bitcoin Struggles to Reclaim $90,000 as Short-Term Holders Keep Gains in CheckBitcoin (BTC) rallied past the $90,000 psychological barrier on November 12. That day, it briefly traded at a new all-time high of $93,265. However, as of this writing, the king coin trades at $87,757, having shed 6% of its value in the past two days.
Author  Beincrypto
9 hours ago
Bitcoin (BTC) rallied past the $90,000 psychological barrier on November 12. That day, it briefly traded at a new all-time high of $93,265. However, as of this writing, the king coin trades at $87,757, having shed 6% of its value in the past two days.
placeholder
GBP/USD: Set to retest the 1.2630 level – UOB GroupScope for the Pound Sterling (GBP) to retest the 1.2630 level; the major support at 1.2615 is unlikely to come under threat.
Author  FXStreet
9 hours ago
Scope for the Pound Sterling (GBP) to retest the 1.2630 level; the major support at 1.2615 is unlikely to come under threat.
placeholder
Here Are the Latest Speeches From Fed OfficialsInsights - Several Federal Reserve officials delivered speeches this week, offering forward-looking insights on the prospects of rate cuts and their impact on major asset classes. Below is a summary of the key points from their remarks.
Author  Mitrade
9 hours ago
Insights - Several Federal Reserve officials delivered speeches this week, offering forward-looking insights on the prospects of rate cuts and their impact on major asset classes. Below is a summary of the key points from their remarks.
placeholder
Down 80% From Its All-Time High, Is Super Micro Computer Stock a Buy?Super Micro Computer (NASDAQ: SMCI) may be the most exciting stock story of 2024. Unfortunately, it's not for a good reason. While it started off the year hot as product demand surged, it quickly declined as expectations were too high.
Author  The Motley Fool
9 hours ago
Super Micro Computer (NASDAQ: SMCI) may be the most exciting stock story of 2024. Unfortunately, it's not for a good reason. While it started off the year hot as product demand surged, it quickly declined as expectations were too high.
placeholder
China Could Reassess Crypto Ban Due To Trump, HashKey CEO ClaimsHashKey Group Chairman and CEO Xiao Feng has indicated that China’s stringent stance on cryptocurrencies could soften within the next two years, influenced by the pro-crypto policies expected under US President-elect Donald Trump. Xiao believes that clear regulatory support in the United States could serve as a catalyst for China to reconsider its current ban.
Author  Bitcoinist
12 hours ago
HashKey Group Chairman and CEO Xiao Feng has indicated that China’s stringent stance on cryptocurrencies could soften within the next two years, influenced by the pro-crypto policies expected under US President-elect Donald Trump. Xiao believes that clear regulatory support in the United States could serve as a catalyst for China to reconsider its current ban.
goTop
quote