DWF Labs "Purchased $1.5 million worth of tokens to support HIPPO"… HIPPO surges 14%
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."
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.