Meme Coin to Crash to Zero?

HarryPotterObamaPacMan8Inu (HPOP8I) coin has surged to rank three on CoinMarketCap. Nonetheless, there are considerations come up about an impending crash.

CMC high 3 trending $XRP #HPOP8I pic.twitter.com/JYVZRb1snu

— HarryPotterObamaPacMan8Inu (@HPOP8I) August 15, 2023

The Emergence of Harry Potter-Themed Memecoins: Exploring HPOP8I and Its Modern Method

Following the pattern of canine and frog-themed cash, the meme coin market is witnessing an increase in Harry Potter-themed tokens. Numerous choices have emerged, equivalent to HarryPotterObamaSonic10Inu (HPOS10I), HarryPotterObamaPacman8Inu (HPOP8I), HarryPotterTrumpHomerSimpson777Inu, and HarryPotterObamaSonic10InuCash (HPOS10ICETH).

HarryPotterObamaPacMan8Inu, aka HPOP8I, is a novel meme undertaking that just lately made its foray into the Ethereum (ETH) blockchain. It amalgamates characters from Harry Potter, Barack Obama, Pac-Man, and the Inu meme pattern, leading to an unconventional mix. The undertaking goals to create a singular narrative that highlights the distinct qualities of every character whereas fostering a way of group engagement.

Furthermore, the coin bears the ticker image XRP, resembling Ripple’s famend foreign money. This enterprise seems to be among the many new initiatives aiming to leverage Ripple’s buzz and potential development put up the SEC lawsuit.

This Harry Potter Obama META has been one of many strongest but! They are going to be weeded out based mostly on group energy and dev expertise. My quantity ONE is unquestionably $XRP and hope the very best for all of the individuals working! 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀@HPOP8I let’s get this social gathering…

— YourPOP (@Yourpop8) August 15, 2023

The undertaking’s interactive strategy to the Ethereum blockchain has garnered consideration. Integrating blockchain know-how affords customers gamified experiences and meme-inspired content material throughout transactions.

Notably, Brother Advertising and marketing has turn out to be a associate for this initiative. The undertaking additionally introduces utility for token holders, granting entry to unique options, limited-edition NFTs, and digital occasions.

Meme-Centric Method Positive aspects Traction in Telegram Group

HarryPotterObamaPacman8Inu coin (XRP) gained traction within the meme coin market with 2.15K holders in simply ten days. Backed by Telegram customers, it’s all about meme creation and sharing, aiming for a enjoyable and meme-focused setting. Individuals supporting this undertaking are solely curious to look at what unfolds sooner or later.

I can’t get away from the TG. The individuals are completely BONKERS and I like it

We’re not right here to speak utility, bots, or know-how. It’s Meme or bust pure vitality. We’ve seen the craziest memes thrive so why not? Let’s see what occurs subsequent pic.twitter.com/xAta9PDLVG

— Henok (@henokcrypto) August 7, 2023

On August 10, the HPOP8I coin secured an inventory on Poloniex Change inside 4 days of its look.

HarryPotterObamaPacMan8Inu #XRP8 is Poloniex latest itemizing! 🚀@HPOP8I

Deposit can be opened on August tenth, 08:00 (UTC)

August tenth (UTC), Put up-only mode can be enabled on 08:00 & Full buying and selling can be enabled on 09:00

Particulars:https://t.co/hbibH9Orwj#newlisting #Crypto pic.twitter.com/BuSgjQBPSr

— Poloniex Change (@Poloniex) August 10, 2023

Moreover, the following day it secured an inventory on CoinGecko, a platform utilized by traders and fans to trace and analyze the efficiency of various cryptocurrencies.

Autistic $XRP listed on CoinGecko! #HPOP8I pic.twitter.com/xolFB7IXE4

— HarryPotterObamaPacMan8Inu (@HPOP8I) August 11, 2023

Monetary and Advertising and marketing Highlights of the HPOP8I Cryptocurrency Undertaking

The tweet from undertaking HPOP8I offers details about particular actions and monetary features of their cryptocurrency undertaking:

Whale Group Purchase Backs

The undertaking’s whale group has initiated buybacks of the cryptocurrency utilizing roughly 700 Ether. Buybacks contain buying the cryptocurrency from the market to cut back its circulating provide and improve its worth probably.

Handbook Burns by the Whale Group

The whale group has performed handbook burns, which suggests deliberately eradicating some cryptocurrency tokens from circulation. This quantities to fifteen.5% of the entire provide. At a market capitalization of round $23 million, this burn interprets to roughly $4.2 million.

Funds Spent on Advertising and marketing

The undertaking has allotted roughly $900,000 for advertising and marketing efforts. This funding goals to advertise and lift consciousness about cryptocurrency. Whereas some advertising and marketing initiatives have been paid for, they haven’t but been launched.

Some autistic numbers

Whale group purchase backs-Round 700 eth

Handbook burns by the whale group-15.5% of the availability (At 23m mc = $4.2m)

Funds spent on advertising and marketing -Roughly 900k (A number of the advertising and marketing have been paid however not began but)$XRP #HPOPI8 pic.twitter.com/oitaBDY9TI

— HarryPotterObamaPacMan8Inu (@HPOP8I) August 14, 2023

Twitter Warnings Increase Crash Issues for HPOP8I Coin

Whereas receiving substantial help from analysts and the Telegram group, the HPOP8I coin has encountered unfavorable consideration on social media big X. Quite a few warnings branding it as a possible rip-off have surfaced on the platform, amplifying the chance of a major crash for its XRP token shortly.

👋 Pay attention to the Harry Potter Obama Pac Man 8 Inu rip-off undertaking – do not fall for it! #HPOP8i @HPOP8i #ScamAlert pic.twitter.com/FN1Ed5yuTH

— Bitcoin Pauly (@XtremeArmy14a) August 9, 2023

HPOP8I (XRP) Worth Evaluation

The XRP/USD, each day worth chart signifies a decline within the Harry Potter-themed coin’s earlier features. The foreign money surged by over 2500% upon its launch, sustaining its rise for 5 days. Nonetheless, over the previous two days, the XRP token has skilled a decline, eroding greater than 67% of its preliminary features.

Because of the restricted worth historical past, technical evaluation is constrained. Regardless of this, amid suspicions of it being a possible rip-off, an extra 33% drop is anticipated, main to a whole lack of its prior features and an eventual crash to zero.

Whereas not categorized as a honeypot on DEXTools, the coin is blacklisted. Moreover, two regarding alerts—limitless transactions and buying and selling cooldown—query the undertaking’s legitimacy. With these indicators, the hypothesis of a rip-off features credibility, heightening the probability of an imminent crash.

Various to XRP

The extremely anticipated cryptocurrency token, Wall Avenue Memes coin ($WSM), has reached a outstanding milestone with a presale closure at $24 million. This has sparked hovering investor anticipation.

💲25M for Wall Avenue Memes coin ($WSM) in presale? Astonishing! Quickly staking, be careful Wall Avenue, it is meme time!👊 However, will $WSM be one other Doge or Shiba? Who is aware of? Elon, any ideas? 💭🐋 #Crypto #WSM #ElonMusk🚀🌕https://t.co/pyDvrxPTRz pic.twitter.com/8fvgcndJ76

— Chain Assessment (@Chain_Review) August 15, 2023

Throughout the cryptocurrency’s presale part, Wall Avenue Memes ($WSM) tokens had been offered at $0.0334 every, with a subsequent worth improve scheduled in 2 days and 19 hours. The $WSM coin, developed as an ERC-20 token on Ethereum’s blockchain, has a circulation cap of two billion.

Impressively designed tokenomics allocate assets for promoting, group rewards, and improvement. It attracts inspiration from the Wall Avenue Bets Reddit group, famend for the GameStop short-squeeze. To realize a market capitalization of $1 billion, $WSM goals for a breakthrough corresponding to its inspiration.

The worldwide popularity of the Wall Avenue Memes group sustains sturdy group help for the meme coin. In contrast to randomly launched meme currencies, Wall Avenue Memes token boasts a a million following throughout social platforms. That is because of adored NFT collections and Instagram memes centered on crypto and inventory investments, or “stonks.”

They’re crafted by a staff with a profitable report of accomplishment in Web3 merchandise, such because the Wall St Bulls NFT assortment. These offered out in underneath 32 minutes, incomes the staff $2.5 million. The coin displays their experience.

Wall Avenue Memes Token: Poised for Success Put up-Sturdy Presale

Elevating a powerful $24 million in its presale, the $WSM token is ready to enter staking. Traders can be rewarded for holding onto tokens.

Potential traders can purchase the $WSM token by way of bank cards or by exchanging ETH, BNB, or USDT tokens. $WSM’s potential to emulate the features of Doge or Shiba, two profitable meme cash, is recommended by some.

6 Cryptocurrencies with Potential to Skyrocket in August” 🚀🔥1. Wall Avenue Memes ($WSM)2. XRP20 ($XRP20)3. Shibie Coin ($SHIBIE)4. Cowabunga Coin ($COWABUNGA)5. DODO ($DODO)6. Worldcoin ($WLD) pic.twitter.com/WGN8wZcgSB

— orchardbit (@orchardbit) August 15, 2023

Wall Avenue Memes emerges as a cryptocurrency with skyrocketing potential, distinct for its transparency and group engagement. As Wall Avenue Memes’ presale concludes, an eagerly awaited buying and selling platform nears launch, representing an thrilling milestone in its improvement.

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