DWF Labs "Purchased $1.5 million worth of tokens to support HIPPO"… HIPPO surges 14%

Minseung Kang

Summary

DWF Labs announced that it purchased tokens worth $1.5 million to support HIPPO.
HIPPO tokens have shown a recovery trend, rising 14.58% after the purchase.
DWF Labs stated that they focus on real support rather than excessive promotion.

Cryptocurrency market maker DWF Labs announced that it has purchased $1.5 million worth of tokens to support HIPPO, which had recently plummeted.

On the 4th, DWF Labs stated on its official X (formerly Twitter), "HIPPO reached out to us first, and we responded immediately," adding, "We purchased tokens worth about $1.5 million on major exchanges such as MEXC, Gate.io, and KuCoin."

As of 11:13 PM on the same day, HIPPO is trading at $0.00392 on the Binance USDT market, up 14.58% from the previous day. Previously, on the 1st, HIPPO's price had plummeted by more than 30%.

DWF Labs added, "There is no excessive promotion or unnecessary controversy. It's purely support," emphasizing, "The rougher the market conditions, the more important real support for the project becomes."

HIPPO