The meme coin market remains under pressure, looking at performance in the past 24 hours. The top-5 most liquid meme coins, including Dogecoin (DOGE), Shiba Inu (SHIB), BONE, and Floki Inu (FLOKI), are down 17%, 15.7%, 10.7%, 24.2%, and 17.34%, respectively.

从过去 24 小时的表现来看，meme 币市场仍然面临压力。流动性最高的 5 个模因币，包括狗狗币 (DOGE)、柴犬 (SHIB)、BONE 和弗洛基犬 (FLOKI)，分别下跌 17%、15.7%、10.7%、24.2% 和 17.34%。

Coingecko data shows that most of these coins have been on the receiving end, posting losses. Some of them, including DOGE, SHIB, and BONE, edged higher until seven days ago. Meanwhile, others like FLOKI and PEPE have been falling in the past weeks.

Coingecko 数据显示，大多数这些代币都在接收端，出现了损失。其中一些，包括 DOGE、SHIB 和 BONE，直到 7 天前还在小幅走高。与此同时，FLOKI 和 PEPE 等其他产品在过去几周一直在下跌。

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Despite the drawdown across the board, a few are firm. Some, including HarryPotterObamaSonic10Inu (ERC-20), HarryPotterObamaPacMan8Inu, Shibarium Token, and CAT, are up, rising 56.52%, 79.98%, 1290.31%, and 448%, with the last 2 being new launches.

尽管全面缩减，但仍有一些公司立场坚定。其中 HarryPotterObamaSonic10Inu (ERC-20)、HarryPotterObamaPacMan8Inu、Shibarium Token 和 CAT 等上涨，涨幅分别为 56.52%、79.98%、1290.31% 和 448%，最后 2 个是新推出的。

Shibarium is now trading at $0.02 after launching at $0.0015. Prices rose to $0.05 following the Shibarium launch on Aug. 16. Even though the markets did not significantly impact prices, the general sentiment points to a possible weakness in the upcoming sessions.

Shibarium 发行价为 0.0015 美元，目前交易价格为 0.02 美元。 8 月 16 日 Shibarium 推出后，价格上涨至 0.05 美元。尽管市场并未对价格产生重大影响，但总体情绪表明未来几个交易日可能会走软。

Will HIPP take over?

HIPP 会接手吗？

As meme coins turn red, other investors are looking at El Hippo’s HIPP, a project that can be examined for opportunities. 

随着 Meme 币变红，其他投资者开始关注 El Hippo 的 HIPP，这是一个可以检验机会的项目。

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The El Hippo developers aim to build a bigger community than its predecessors, Shiba Inu and Dogecoin. It is building communities on X(formerly Twitter), Telegram, and Coinmarketcap. However, the HIPP is not listed on popular trackers like CoinMarketCap (CMC) or Coingecko. 

El Hippo 开发人员的目标是建立一个比其前身 Shiba Inu 和 Dogecoin 更大的社区。它正在 X（以前称为 Twitter）、Telegram 和 Coinmarketcap 上建立社区。然而，HIPP 并未在 CoinMarketCap (CMC) 或 Coingecko 等流行追踪器上列出。

According to CoinBrain data, HIPP is trading at $0.00000002237, adding roughly 88% in 24 hours. Meanwhile, trading volumes have more than doubled, pushing the token’s liquidity to $90,100.

根据 CoinBrain 数据，HIPP 的交易价格为 0.00000002237 美元，24 小时内上涨约 88%。与此同时，交易量增加了一倍多，将代币的流动性推至 90,100 美元。

The token has a fully diluted market cap of about $2 million with a total supply of 777 trillion. However, according to the team, burning will reduce the supply, which may support prices in the long run. 

该代币的完全稀释市值约为 200 万美元，总供应量为 777 万亿。不过，该团队表示，燃烧会减少供应，从长远来看可能会支撑价格。

92.1% of the total supply will be sent to the liquidity pool, 6.9% will be held in a multisig wallet, and 6.9% will be issued for listings, bridges, and liquidity pools. 

总供应量的 92.1% 将发送到流动性池，6.9% 将保存在多重签名钱包中，6.9% 将用于上市、桥梁和流动性池。

Moreover, the team is allocating 1% of the total supply to reward HIPP non-fungible token (NFT) holders. For transparency, El Hippo has provided several Ethereum Name Service (ENS) domains for investors to track the supply wallet.

此外，该团队将分配总供应量的 1% 来奖励 HIPP 不可替代代币 (NFT) 持有者。为了提高透明度，El Hippo 提供了多个以太坊名称服务 (ENS) 域，供投资者跟踪供应钱包。

Banking on the community

社区银行

Typically, a meme coin is only as strong as the community behind it. Shiba Inu’s token launched in August 2020 as a meme coin riding on the popularity of Dogecoin. 

通常，模因币的强大程度取决于其背后的社区。随着狗狗币的流行，柴犬的代币于 2020 年 8 月作为模因币推出。

It gained attention due to its association with the Shiba Inu dog meme and the broader altcoin craze. SHIB also launched during the last bull cycle, driven by the success of established projects like Bitcoin and Ethereum.

它因其与柴犬模因和更广泛的山寨币热潮的联系而受到关注。 SHIB 也在上一个牛市周期期间推出，受到比特币和以太坊等成熟项目成功的推动。

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Meme coins thrive on active and engaged communities that rally around a shared interest or meme. These communities often include passionate supporters, developers, and influencers who actively promote the meme coin, driving demand and fostering a sense of community ownership.

模因币在围绕共同兴趣或模因聚集的活跃且参与的社区中蓬勃发展。这些社区通常包括热情的支持者、开发者和影响者，他们积极推广模因币，推动需求并培养社区主人翁意识。

SHIB, for instance, gained traction and rallied in its early days as investors saw it as an opportunity to ride the wave of meme coins. The initial price of SHIB was around $0.00000068 but rose as hype increased.

例如，SHIB 在早期就获得了关注并上涨，因为投资者将其视为乘风破浪的机会。 SHIB 的初始价格约为 0.00000068 美元，但随着炒作的增加而上涨。

As more people adopt and use a specific meme coin, its network effects strengthen. This means that as the user base grows, the value and utility of the meme coin tend to increase, attracting even more users and potentially driving up its value. This is why HIPP’s team plans to ship in more than 1 million token holders, per the token’s roadmap.

随着越来越多的人采用和使用特定的模因币，其网络效应就会增强。这意味着，随着用户群的增长，模因币的价值和效用往往会增加，吸引更多的用户，并有可能推高其价值。这就是为什么 HIPP 团队计划根据代币路线图向超过 100 万代币持有者发货。

El Hippo’s team has completed the first steps of a four-phased roadmap, and the token is now available on decentralized exchanges like Uniswap. The developers plan to tick the CEX listings, NFT collection launch, partnership formations, and community growth boxes in the coming weeks.

El Hippo 的团队已经完成了四阶段路线图的第一步，该代币现在可以在 Uniswap 等去中心化交易所上使用。开发商计划在未来几周内完成 CEX 上市、NFT 系列发布、合作伙伴组建和社区发展等工作。

The surge of HIPP in its initial phase highlights the speculative nature of meme coins and the impact of market sentiment. 

HIPP初期的飙升凸显了meme币的投机性和市场情绪的影响。

For more information on El Hippo:

有关埃尔河马的更多信息：

Visit the El Hippo website

访问 El Hippo 网站

Buy HIPP meme coin

购买 HIPP 米姆币

Join community

加入社区

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