The MON Protocol has come forward with a new launch pool event of $HIPPO tokens. The commitment period starts on October 10, at 3.00 PM GMT+8, and ends on October 12, at 3.00 PM GMT+8. The event lasts for two days. Sudeng ($HIIPO) is the sixth token that will be distributed through the MON Protocol’s launchpool.
In this article, we will discuss the MON Protocol’s latest launchpool event that features the $HIPPO tokens.
More About The MON Protocol Launchpool
A cryptocurrency launchpool is a platform used to launch new cryptocurrencies. The MON Protocol is known for its efforts at facilitating user acquisition. Its launchpool can be used by the new project to make its tokens public. Users looking to take part in new Web 3 applications get a unified platform where they can get hold of a variety of cryptocurrencies.
The previous projects by MON Protocol’s launchpool are given here.
- Aethir ($ATH) – it is the most awaited Decentralized Physical Infrastructure Network (DePIN) project.
- Nyan Heroes ($NYAN) – the best Solana-based game
- Blocklords ($LRD) – a Coinbase game that requires players to use strategy
- Pixelverse ($PIXFI) – a Telegram game
- Memeland ($MEME) – 9GAG’s meme token
The Sudeng ($HIPPO) is the sixth project to be launched on the MON Protocol’s launchpool.
How Does MON Protocol Launchpool Work?
The process of participating in the MON Protocol airdrops of various new cryptocurrency coins is quite simple if you follow these steps.
- You should buy/hold $MON tokens to initiate any transactions on the launchpool.
- Secondly, you should stake the $MON tokens to increase their value.
- You will earn MON points by staking the $MON tokens.
- You can use these MON points to qualify for the airdrop of third-party projects listed on the MON platform. As in the case of any other airdrop event, the number of MON points you have earned through staking determines the number of airdrop tokens you will get.
Goals Of MON Protocol Launchpool
The MON Protocol launchpool has three major goals.
- It aims to spread awareness about a new cryptocurrency project and attract the right people who align with the core business purpose of the project.
- MON Protocol launchpool incentivizes the right action at the right time. If you are an active participant in a project and its ecosystem you will earn rewards.
- The Launchpool prevents a never-ending dilution of the $MON token as the dilution is shared by each new project launched on the platform.
As the MON Protocol continues to attract new and genuine stakeholders to the platform, the authenticity of the newly published projects is upheld. It allows them to identify potential quality issues and control them. MON protocol launchpool gives a one-stop avenue for user onboarding for the project developers and an easy-to-interact user interface for the users.
More About Sudeng ($HIPPO)
Sudeng ($HIPPO) is a fan-made meme token on the SUI blockchain network. The token gives prominence to community development. A part of the profit earned through the sales of $HIPPO tokens is set aside for the conservation of hippos. The $HIPPO tokens are listed on major centralized exchanges. It is the first token on the SUI ecosystem to cross the 100 million in market capitalization.
The current status of the $HIPPO tokens in the market is given below.
- Current Market Price of $HIPPO coins: $0.01384
- Market Capitalization: $138,411,627
- Fully Diluted Valuation: $138,417,816
- 24 Hour Trading Volume: $35,089,791
- Circulating Supply: 10,000,000,000 HIPPO
- Total Supply: 10,000,000,000 HIPPO
- Maximum Supply: 10,000,000,000 HIPPO
The Bottom Line
The MON Protocol launchpool’s $HIPPO airdrop is a good opportunity to earn $HIPPO tokens without buying them from any centralized exchanges. You can participate in the $HIPPO airdrop with a minimum of 10 MON points. You can enjoy the fun-filled meme tokens space of the Sudeng platform and contribute to global animal welfare services.
The MON Protocol launchpool started functioning in June this year. Within two months of its launch, the protocol distributed cryptocurrencies worth $3.3 million. So the profitability of investing in this protocol is guaranteed. So you should make use of this opportunity to get the $HIPPO tokens before the commitment period ends.
