🌎 Solana Meme Coin HUND Surges 17%, Gains Google Trending Status

Solana-based meme coin HUND has experienced substantial gains, increasing by over 17% and gaining trending status on Google. At the time of writing, HUND remains up 9%, trading at $0.00942 according to CoinMarketCap data. The cryptocurrency also saw a 3.7% rise in its daily trading volume, currently around $4.6 million.

Meanwhile, the meme coin’s total market cap has jumped over 10% and currently stands at $3.7 million. However, HUND is still down 72% from its all-time high of $0.03415, which was reached on March 30.

About HUND

HUND is a German Shepherd-themed meme coin built on the Solana blockchain. Key features of the project include:

Hundswap DEX
Exclusive NFT collection
Multi-dApps platform with practical AI solutions
Innovative metaverse game

The coin has already secured listings on two major crypto exchanges, MEXC and Bitmart.

NFT Collection

The NFT collection, set to launch in Q2 2024, will feature 5,000 NFTs of German Shepherd-themed comic art. Although the mint date is yet to be announced, investors must hold more than 10,000 HUND tokens to be eligible for the waiting list.

Metaverse Game

The upcoming metaverse game, scheduled for Q3 2024, will integrate AI functionalities and provide an immersive experience centered around German Shepherd meme characters. Additional developments, including a testnet and new partnerships, are expected by Q4.

Under the leadership of its founder, MuroCrypto, who has been a reputable figure in the crypto space since 2017, HUND aims to bridge meme culture, digital art, and blockchain technology.

Market Context

The recent surge in HUND follows a major asset manager, VanEck, filing with the SEC for the first-ever Solana exchange-traded fund (ETF) in the U.S. This move has likely renewed enthusiasm among investors in Solana-based meme coins, who anticipate a potential price surge in such tokens following the approval of the Solana ETF.

Incentive Program

HUND has also initiated a long-term incentive program in which holders receive airdrops of newly launched meme coins. On June 27, the team announced that it would airdrop PIPI and SENDY meme coins to HUND holders. They have one week from the announcement to claim their tokens.

PIPI: A recently launched meme coin, an original Pepe variant, with HUND holders receiving 0.1 PIPI per HUND.
SENDY: An original meme character by Matt Furie, the creator of Pepe and other characters, with HUND holders receiving 0.05 SENDY per HUND.

The recent surge in HUND comes despite a broader drop in the meme coin market, which has decreased by 1.8% and currently stands at $48.3 billion.