The Magical Story of Cats Unfolds in the Crypto Market, New MEME Star HUHU Rises
In the crypto world, MEME coins have always captivated many investors with their unique charm and significant volatility, providing huge investment opportunities for crypto enthusiasts. Recently, with the market surging, MEME coins have maintained high popularity. This article introduces a MEME project named HUHU Cat (token: HUHU), the first MEME coin on the Merlin Chain, which has recently attracted widespread attention due to its unique cultural attributes and potential market value, with its price surging nearly 600% on its launch day. Below, we will analyze its project background, market performance, and prospects.
The First MEME Coin on the Merlin Chain
Merlin Chain, as a member of the Bitcoin ecosystem, boasts a total value locked (TVL) of up to 2 billion USD, demonstrating the strength of its underlying technology, ecosystem, and high market recognition.
HUHU Cat is the first MEME coin on the Merlin Chain. It tells a community story about magic and innovation, with its community dedicated to exploring and advocating technologies that support the Merlin Chain and Bitcoin ecosystem. The emergence and rapid rise of HUHU Cat not only enriches the Merlin Chain ecosystem but also provides new choices for users keen on discovering novel and interesting investment opportunities.
Currently, HUHU Cat has a relatively small market capitalization. According to CoinEx’s official website data on March 11, 2024, HUHU’s total market value is approximately 15.68 million USD. This is undoubtedly an attractive point for investors seeking emerging and potential projects. Notably, CoinEx is the first centralized exchange to list HUHU Cat, an important driving force for HUHU’s liquidity and popularity.
HUHU Surges Nearly 600% on Launch Day, Currently Stabilizes Around 149%
HUHU Cat tells a magical story about cats, and this magic is also performed in the crypto market — with its magical fluctuation changes.
On March 8, 2023, HUHU Cat was listed on CoinEx, and the price surged nearly 600% during the day, showcasing the market’s enthusiastic response and high expectations for HUHU Cat. Even though the price has stabilized since then, HUHU still maintains a surge of around 149% to date, further illustrating the market’s recognition of its long-term potential.
The First CEX to List HUHU Cat — CoinEx
As the first centralized trading platform to list HUHU Cat, CoinEx provides a platform for its circulation and trading and adds to HUHU’s market acceptance and popularity through its broad user base and good reputation. More importantly, CoinEx also explores innovative projects with potential, offering more opportunities for users.
CoinEx has always focused on innovative assets, keeping an eye on industry hotspots, and exploring high-quality and innovative projects, meeting the diverse investment needs of global users and helping them to discover market investment opportunities ahead of others.
Global investors can trade and invest in HUHU through the CoinEx platform (https://www.coinex.com/en/exchange/huhu-usdt).
The Future Outlook of HUHU Cat
Although Merlin Chain boasts a large TVL and an active ecosystem, its gas fees are high, and transaction speeds are slow; moreover, many users may find the complex cross-chain transaction methods inconvenient. In this situation, by providing simple, reliable, and stable trading services, CoinEx will help users trade HUHU Cat more easily and conveniently.
Although HUHU Cat currently has a small market value, as the first MEME coin on the Merlin Chain and its impressive performance after listing on CoinEx, HUHU Cat has demonstrated the project’s growth potential. With the development of the Merlin Chain ecosystem and the continued heat of the MEME coin market, the future of HUHU Cat is worth looking forward to.
PS: This article does not constitute investment advice.
About CoinEx
Established in 2017, CoinEx is a global cryptocurrency exchange committed to making trading easier. The platform provides a range of services, including spot and margin trading, futures, swaps, automated market maker (AMM), and financial management services for over 5 million users across 200+ countries and regions. Founded with the initial intention of creating an equal and respectful cryptocurrency environment, CoinEx is dedicated to dismantling traditional finance barriers by offering easy-to-use products and services to make crypto trading accessible for everyone.
