Summary
- Hippo (HIPPO) announced that it will start buyback and burn from tomorrow.
- The buyback and burn will be based on 50% of the total revenue from the Sui-based token issuance platform Splash.
- After this news, Hippo's price rose 25.35% and is trading at $0.0033.
Hippo (HIPPO), a meme coin based on Sui (SUI), announced that it will begin buyback and burn from tomorrow.
On the 26th (local time), Hippo announced through its official X (formerly Twitter) that "buyback and burn will start from tomorrow," and "50% of the total revenue will be based on the revenue of the Sui-based token issuance platform Splash."
Following the buyback news, Hippo surged. As of 10:58 PM, Hippo is trading at $0.0033, up 25.35% from the previous day, according to CoinMarketCap.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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