Solana-based HUND meme coin surges amid ETF hopes and NFT launch

As a seasoned crypto investor with a deep understanding of the market, I’ve seen my fair share of meme coins come and go. However, the recent surge in HUND has piqued my interest. With its impressive gains of over 17% and trending status on Google, this Solana-based German Shepherd-themed meme coin is making waves in the crypto world.

The meme coin built on the Solana blockchain, HUND, has experienced notable growth, jumping by more than 17%, and has recently become a popular search term on Google.

As I pen down these words, HUND continues to climb by 9%, reaching a price of $0.00942 according to CoinMarketCap’s latest update. Furthermore, the crypto asset has experienced a substantial increase in its daily trading volume, which now stands at approximately $4.6 million, marking a 3.7% rise.

Solana-based HUND meme coin surges amid ETF hopes and NFT launch

At present, the meme coin’s overall market capitalization has surged past the 10% mark and now stands at approximately $3.7 million. Nevertheless, HUND is currently 72% below its all-time peak of $0.03415, which was reached on March 30th.

As a crypto investor, I’m excited about HUND, a meme coin with a German Shepherd theme that operates on the dynamic Solana blockchain. This project offers several captivating features that make it stand out:

The meme coin has already secured listings on two major crypto exchanges, MEXC and Bitmart.

Starting in the second quarter of 2024, our NFT collection will unveil 5,000 unique German Shepherd-themed comic art pieces as NFTs. The specific minting dates for each NFT are still undisclosed. To secure a spot on the waiting list, prospective investors need to possess over 10,000 HUND tokens.

As a researcher discovering exciting developments in the blockchain world, I can’t help but exclaim: “This Solana mint takes the cake as the best one yet!” And trust me, you haven’t even seen the scarcest gems we have in store.

Spread the word to your network.

To secure a spot on the whitelist, all you need is to hold over 10,000 dollars worth of $HUND.

— Hund Land (@HundLandNFT) May 30, 2024

In the meantime, the company is planning to launch its metaverse game featuring German Shepherd meme characters in Q3 2024. This game will offer an immersive experience with built-in AI capabilities. More details about the testnet and new collaborations will be announced by the end of the year.

MuroCrypto, the founder of the project, has established a strong reputation in the cryptocurrency world since 2017. With his guidance, HUND intends to connect meme culture, digital art, and blockchain technology, creating an exciting fusion of enjoyment, interaction, and financial opportunity.

A notable increase in interest for HUND occurs after VanEck, a leading asset manager, submits an application to the Securities and Exchange Commission (SEC) in the United States for launching the first-ever Solana exchange-traded fund (ETF).

As an analyst, I’d say that my perspective is that VanEck’s decision to list the Solana ETF has rekindled excitement among investors in meme coins associated with the Solana blockchain. I expect that these investors are hopeful for a possible price increase in such tokens as a result of this approval.

As an analyst, I’d put it this way: I’ve noticed that HUND has introduced a long-term incentive scheme. Under this plan, coin holders will periodically receive airdrops of freshly minted meme tokens as rewards for their continued investment.

As a crypto investor, I’m excited to share that on June 27th, the team made an announcement with great news for HUND token holders like myself. They revealed their plans to distribute free meme coins, PIPI and SENDY, through an airdrop. The opportunity to claim these tokens lasts only one week from the date of the announcement. So, keep an eye on my HUND balance and make sure I don’t miss out on this unique offer!

Pipi The Pepe (PIPI), a freshly minted meme coin based on the original Pepe design, offers HUND token holders a reward of 0.1 PIPI for every HUND they possess. On the other hand, HUND owners of Matt Furie’s unique creation, Sendy, receive a bonus of 0.05 Sendy tokens for each HUND they keep.

As an analyst, I’ve noticed an intriguing development in the meme coin market: while it has witnessed a decline of 1.8%, reaching a total market capitalization of $48.3 billion, HUND has bucked this trend with unexpected growth.

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2024-07-02 11:24