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COINTURK NEWS > Altcoin News > Dive into Solana’s Secret Success Formula
Altcoin News

Dive into Solana’s Secret Success Formula

In Brief

  • Useless tokens gained significant attention and trading volumes this year.

  • Splash, backed by Hippo, operates on the SUI network, promising easy token creation.

  • Hippo prices surged upon announcement of buyback and burn strategy.

Ömer Ergin
Ömer Ergin 12 months ago
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This year has seen significant attention on seemingly useless tokens, which have attracted considerable trading volumes. Platforms like Pumpfun have increased network activity while supporting the prices of main network coins. Among various altcoins, none have yielded benefits quite like Solana $91 and its Pumpfun story. Now, we ask which altcoin is attempting to follow a similar journey and create its own narrative?

Hippo Coin’s Surge

On the SUI network, a new platform named Splash has been launched, akin to Solana’s Pumpfun. Backed by the Hippo Token team, this platform provides access to newly created tokens on the SUI network. Without needing programming knowledge, users can launch their tokens in a manner similar to processes on alternative platforms.

The fee for creating a token on Splash is 1 SUI, with a trading commission of 1% and a bonding curve set at 10,000 SUI. A recent announcement revealed that half of Splash’s revenues would be allocated for the buyback and burning of Hippo tokens.

Following the announcement, Hippo prices saw a double-digit increase. If Splash can generate sufficient volume, we might see both SUI and Hippo Token prices rise further, driven by periodic hype.

You can follow our news on Telegram, Facebook & Coinmarketcap & X
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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Ömer Ergin 26 May, 2025 - 4:53 pm 26 May, 2025 - 4:53 pm
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