On April 4, DWF Labs announced that it has purchased HIPPO, a Meme coin on the Sui chain, worth 1.5 million USD.
According to market data, HIPPO's market value has surged to over 40 million USD, with a 24-hour increase of 15.7%.
BlockBeats reminds users that Meme coins often lack practical use cases and have significant price volatility, so investment should be approached with caution.