El Hippo PriceHIPPInactive

What is El Hippo (HIPP)?

El Hippo (HIPP) is a community-driven meme coin built on the Ethereum blockchain as an ERC-20 token. The project launched in mid-August 2023 with the goal of revitalising the meme coin sector by focusing on creative content, community engagement, and the pure joy of meme sharing rather than purely financial speculation. El Hippo distinguishes itself from the saturated market of dog-themed tokens by adopting a hippo mascot and the slogan "HIPP IS BIG." The project emphasises a transparent, fair distribution model with no presale, no taxes, and all tokens allocated to liquidity. Its deflationary tokenomics include a built-in burning module designed to reduce supply over time. The total supply is 777 trillion HIPP tokens, with 92.1% allocated to the liquidity pool, 6.9% held in a multi-signature wallet for listings and bridges, and 1% reserved for airdrops to NFT holders. As of late 2024, the project's website went offline, and it is classified by some data platforms as a discontinued Ethereum token, though the token contract remains on-chain.

Key Specifications & Tokenomics

• Name: El Hippo
• Symbol / Ticker: HIPP
• Blockchain / Network: Ethereum (ERC-20)
• Contract Address: 0x7b744eEa1dECa2f1B7b31F15Ba036Fa1759452d7
• Token Standard: ERC-20
• Category: Meme Coin, Ethereum Ecosystem
• Max Supply: 777,000,000,000,000 HIPP
• Total Supply: 777 trillion HIPP
• Self-Reported Circulating Supply: 715.61 trillion HIPP (92.1%)
• Buy / Sell Tax: 0% / 0%
• Token Allocation: 92.1% liquidity pool, 6.9% multi-signature wallet, 1% NFT holder airdrop
• Deflationary Mechanism: Built-in burning module; December 2023 burn of 15.7 trillion tokens (2% of supply)
• CertiK Rating: 3.0
• Launch Date: Mid-August 2023
• Explorer: etherscan.io
• Slogan: "HIPP IS BIG"

Who created El Hippo?

The El Hippo project does not publicly disclose its founding team members or individual developers. Detailed public information about the team's identity is currently limited. The project is presented as a community-driven initiative, with its development and marketing efforts coordinated through its official social channels, including X (Twitter), Telegram, and Discord. The absence of a doxxed team is common among meme coin projects, but it also introduces additional counterparty risk for investors. The project's early traction was supported by its community, which grew to over 10,000 holders by November 2023. Without a publicly identified team, investors should exercise heightened caution and conduct independent research before interacting with the token.

How does El Hippo work?

El Hippo operates as an ERC-20 token on the Ethereum blockchain, leveraging Ethereum's decentralised infrastructure for issuance, transfer, and settlement. The token includes a built-in burning module that makes it deflationary by default. The project's economic model is designed so that tokens are periodically burned to reduce the total supply, with the stated intention of making the token increasingly scarce over time. The December 2023 burn removed 15.7 trillion tokens from circulation, reducing the circulating supply from 777 trillion to 761.3 trillion. The team indicated plans to conduct burns every four months. Trading of HIPP occurs on both centralised and decentralised exchanges, with 0% buy and sell taxes simplifying transactions. The token is connected to the minting of project NFTs, which were planned to play a role in driving ecosystem growth. All tokens were fully allocated to the liquidity pool at launch, with no presale or team allocation, emphasising a fair distribution approach.

What makes El Hippo unique and valuable?

El Hippo differentiates itself from typical dog-themed meme coins through its hippo-themed branding and its stated focus on community happiness and long-term engagement. The project merges meme culture with deflationary tokenomics, active community development, and planned NFT collections. Its charitable angle, including donations to the Hippo Protection Fund and the #makehipposgreatagain movement directing sales profits toward hippo conservation and environmental protection, adds a cause-driven dimension uncommon among meme tokens. The project also emphasises verifiable scarcity as a core feature of its tokenomic design. Community activities such as airdrops, meme contests, giveaways, quizzes, and monthly Quest Sprints on the Zealy platform were used to encourage active participation. However, it is important to note that the project's website went offline in December 2024, and some data platforms now classify HIPP as a discontinued token, which significantly affects its current utility and value proposition.

What is El Hippo used for?

HIPP serves multiple functions within the El Hippo ecosystem. It is used to incentivise exchange listings, fund relationships with influencers, and pay for marketing activities such as bounty programmes, press releases, public events, and partnerships. The token is also connected to the minting of project NFTs, which were intended to drive project growth. Additionally, 1% of the total HIPP supply was designated for airdrop to holders of the project's NFTs, enhancing the utility and value of the token within the ecosystem. The token facilitates trading on both centralised and decentralised exchanges. Beyond these functions, HIPP is primarily a meme coin with no staking, governance, or gas fee utility. Its value is largely driven by community sentiment and market dynamics rather than intrinsic protocol revenue or cash flow.

How Is the El Hippo ecosystem developing?

The El Hippo ecosystem was planned to expand through several initiatives, including regular token burns, the launch of an exclusive community NFT collection in Q2 2024, listings on top exchanges, a merchandise store, and the development of a Web3 game. The project's roadmap for 2023–2024 outlined phases covering DEX listing campaigns, attracting over 1,000 holders, forming the El Hippo Oasis community on Discord, top-tier CEX listings, reaching 10,000+ holders, and forming strategic partnerships. The token was listed on MEXC in September 2023 and on Bitget in November 2023. However, the project's website went offline in December 2024, and Blockspot now categorises HIPP as a discontinued Ethereum token. The planned NFT launch and Web3 game have not been confirmed as delivered. The ecosystem's development appears to have stalled, and the community's current level of activity is uncertain.

How to mine El Hippo?

El Hippo is not a mineable cryptocurrency. As an ERC-20 token on the Ethereum blockchain, HIPP cannot be mined through proof-of-work or proof-of-stake mechanisms. There is no mining equipment, validator setup, or staking process for acquiring HIPP through network participation. Instead, HIPP tokens were initially distributed through the liquidity pool, with a portion allocated to a multi-signature wallet and a small percentage reserved for NFT holder airdrops. Users can acquire HIPP by purchasing it on supported exchanges or decentralised platforms where it is listed. The token's deflationary model relies on periodic burns rather than mining rewards to reduce supply. Investors interested in acquiring HIPP should verify current exchange listings and token contract status before attempting any transactions, as the project's operational status has changed since its website went offline.

How to keep your El Hippo Coin safe?

Because HIPP is an ERC-20 token on Ethereum, it can be stored in any wallet that supports Ethereum-based assets, including MetaMask, TrustWallet, and Phantom. For long-term holdings, a hardware wallet is recommended to keep private keys offline and protected from online threats. Always verify the official contract address before interacting with the token, as fake tokens with similar names may exist. Phantom labels the HIPP token as "unverified," and the CoinMarketCap team has not verified the project's circulating supply, so extra caution is warranted. Never share your seed phrase or private keys with anyone. Be wary of phishing sites, fake airdrops, and unsolicited messages claiming to be from the project. Since the project's website went offline in December 2024 and its status is classified as discontinued by some platforms, users should be especially careful when attempting to trade or interact with any remaining smart contracts associated with El Hippo. Conduct independent research and only use trusted, verified platforms.