HarryPotterObamaSonic10Inu (ETH: $BITCOIN), or HPOS10I, has recently experienced a resurgence after being in a slump for the past few months. It highlights the current state of the meme coin boom, where the weirdest coins offer the biggest gains.
What Is HPOS10I?
According to its website, HarryPotterObamaSonic10Inu aims to be the “shitcoin of shitcoins.” It has no purpose or value proposition, which is the purest representation of a meme coin. It aims to achieve a one billion dollar market cap for simply existing. The total supply of the token is 1 billion, and it has zero tax on transactions.
HarryPotterObamaSonic10Inu (HPOS10I) Turns The Ship Around
In mid October, the price of HPOS10I experienced a major spike to $0.334 per coin, which was an 82% gain in one week. As of Wednesday, October 30, 2024, the price of the meme coin was up over 100% in the past month. However, it lost some of those gains, and is up 96.54% in the past month as of Thursday, 31 October 2024. Despite this, the coin is up 3.39% in the past 24 hours.
HarryPotterObamaSonic10Inu is one of the best-performing meme coins in the past 12 months, gaining 75.12%. It is trading at a 24.39% discount to its all-time high price of $0.3768 achieved on October 13, 2024. Since its all-time low of $0.0006576, which it hit in January 2023, it has appreciated 43227.23%.
How Soon Could HPOS10I Hit A New All-Time High
HarryPotterObamaSonic10Inu hit a new all-time high of $0.3768 on October 13, 2024, less than three weeks ago. Since then, it has lost around 24% of its value as traders take profit. However, the token is still far from its stated goal of achieving a $1 billion market cap.
Currently, it has a market cap of $282.78M and a 24-hour trading volume of $5.38M. To surpass its previous ATH, the meme coin only needs to rise around 25%. Thus far, the token has gained 7.56% in the past week and over 97% in the past month.
With meme coin season in full swing, another double-digit gain could potentially happen in the remainder of 2024. Consequently, the HarryPotterObamaSonic10Inu meme coin could potentially hit a new ATH before the end of 2024.
The Popularity Of HPOS10I Online
Since its launch, HPOS10I has amassed a huge following online, with 44,700 followers on its X account. Its Reddit community has 705 members, and its Telegram channel has 14,310 subscribers. The user base is highly committed and often engages with posts from the project’s X account.
Should You Add HPOS10I To Your Portfolio In 2024?
HPOS10I has many positive aspects. For one, it has experienced double-digit growth in the past 12 months and the past month. It is currently on an upward trajectory and could potentially maintain its current momentum.
The team is committed to hitting a $1 billion market cap, which could represent a nearly 80% gain for its holders. Consequently, adding HarryPotterObamaSonic10Inu to your portfolio could be worthwhile in the medium term.
Disclaimer: This website provides information about cryptocurrency and stock market investments. This website does not provide investment advice and should not be used as a replacement for investment advice from a qualified professional. This website is for educational and informational purposes only. The owner of this website is not a registered investment advisor and does not offer investment advice. You, the reader / viewer, bear responsibility for your own investment decisions and should seek the advice of a qualified securities professional before making any investment.