Hump coin: Will HUMP surge 5000%?

HUMP coin launched on Solana blockchain. Within a short period, HUMP surged more than 200%. Prominent analysts are bullish on HUMP & expecting more than 5000% surge.

Have you bought any meme coins? Have you missed BONK or Dogwifhat? Are you looking for a new meme coin for your portfolio? If you answer yes to any of these questions, then you are in the right article. 

This blog article will give you a deep analysis of HUMP crypto. After reading, you will understand how much the price could surge & whether you should buy it. 

Let’s start with the following.

Key takeaways:

• HUMP is a spirit of innovation & featured a cute face
• HUMP is a unique meme coin for its community of forward-thinking.
• HUMP is a Solana-based dog-featured meme coin.
• HUMP could surge, but expecting 5000% profit within short would be bullish
• Overall, HUMP is a buy meme coin.

What is HUMP meme coin?

Hump (HUMP) is a new meme coin on the Solana blockchain. HUMP has a long-term scalability goal that makes it different from its meme coin counterparts. To be a transformative project, HUMP emphasizes the broader financial network, such as decentralized finance, to tangible real-world utilities. 

The table below provides details on other features. 

HUMP MEME COIN Price analysis?

The price chart of HUMP shows an initially negative price of $-0.02117. This negative price suggests people are not aware of the HUMP meme coin or the coin doesn’t list with any trading exchange platforms yet.

However, within 24 hours, HUMP has reached $0.019560, which is about a 192% surge. Can HUMP keep this pace?

Well, recent meme coin performance and bitcoin halving have combined to create a positive hype that has influenced many traders to buy it due to FOMO. Investors have become bullish on meme investment due to outperforming meme cryptos such as Dogwifhat and Pepe.

Hump launched on the Solana blockchain, so investors have confidence in a good return on investment. But how long could hype boost HUMP? Could HUMP surge 5000%?

Let’s understand it from a mathematical scenario,

Is 0.509375 times outperformance possible? Prominent analysts expect more than a 5,000% return & consider HUMP as an alternative to BONK & Dogwifhat.

Everything is possible in meme coin investment. But HUMP is a meme crypto so that it will show volatile nature. How does the management of HUMP balance it? Another factor is the need for historical records. HUMP is a new meme coin, so judging based on Solana would be biased.

The project must come with a clear explanation for the above questions.

In short, we could expect a good return in the short term, but expecting more than 5000% return requires more integration over time. We have no control over the core team. So, expecting a 5,000% return would be bullish. 

Hump coin price prediction?

HUMP brings some innovative features that could make it a profitable project. However, HUMP is a meme coin, so without deep analysis, we can’t predict the price. Let’s analyze different features of HUMP.

• No trading fees

The most unique part is HUMP doesn’t charge any transaction fees. Every crypto has some processing fees or hidden costs that reduce your return. Having zero burden for additional costs could influence traders, which indirectly increases its price. 

• Community focus

HUMP allows its holder not only for passive income but also allow to participate in the DeFi landscape. So, community focus is also a positive factor to hike HUMP price. 

• Dedicated innovation

The core team of HUMP is planning to add trending meme innovation over time. Trending advancement will clearly be a blessing factor for the price surge. The core team has also planned to decentralize the financial market through technological upgrades. 

• Equal opportunity

The core team of HUMP ensures fair participation. Prioritizing fairness will give equal opportunity to all participants, which also makes HUMP unique from other meme coins. So, commitment to fair service could hike the HUMP’s price.

Studies suggest HUMP is a buy coin. HUMP has every positive factor that needs to outperform. However, crypto is volatile & HUMP is not different from that. I have assumed the project will implement the factors mentioned above over time. Based on this, let’s see how much the price could surge in the long term.

Favorable factors=4

Unfavorable factors= 0

Growth score= (4- 0)! × 100

                           = 4! × 100

                           = 4×3×2×1×100

                           =24×100

                           =2400

So, in the long-term, HUMP meme coin could surge 2400%.

Where can I buy hump coin?

You can buy HUMP by following three simple steps. 

• Step 1: Create a Wallet 

Download any wallet from the Google Play Store or App Store. If you have no preference, then download Phantom. Don’t worry; you can download it without any fees, i.e., free. For desktop, download the Google Chrome extension from the Phantom app.

• Step 2: Connect to Raydium or Jupiter

Visit raydium.io or jup. ag by Google Chrome or on the browser within the Phantom app. Then, connect your wallet to the platform. Paste the Hump token address into Raydium or Jupiter, then confirm the swap. After that, Phantom will give you a wallet signature prompt; just sign it.

• Step-3: Switch SOL for HUMP

Now exchange SOL for HUMP. Don’t worry; they will not charge any taxes. So you don’t need any slippage. However, you may need a slippage during market volatility.  

Concluding Thought

My crypto analysis suggests HUMP is a buy meme coin. It has enough potential, but expecting a 5000% return within a short time would be bullish.

Meme has a trending feature, but that doesn’t mean it is free from price fluctuation. You will see volatile performance, but in the long term, you can get a good return from it. 

Frequently Asked Questions (FAQ)

Will HUMP be the next Bonk or Dogwifhat?

HUMP has the potential to surpass Bonk or Dogwifhat. However, as a new project, HUMP needs time to be a profitable meme coin. If the project doesn’t face any internal trading conflict, then it could surpass. But, expecting always positive would be bullish.

So, HUMP will surpass Bonk and Dogwifhat within a short time= Bullish

HUMP will surpass Bonk and Dogwifhat in the long-term= Bearish 

Disclaimer

This is not a Sponsored post & the purpose of this article is only education. By reading this, you agree that the information of this blog article is not crypto investing advice. Do your own research before making any financial decision. Therefore, if you lost any money, FinanceIdeas.org will not be liable for this.