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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.
sudeng 4-Hour Price Chart. Source: TradingView
This is a developing story…