Whale Investor Who Bought Polygon (MATIC) Right Before 10,000% Rally in 2021 Identifies Viral Solana Meme Coin with Under $100,000,000 Market Cap as the Next Shiba Inu (SHIB)

Published: May 08, 2024 at 11:40 am Updated: May 08, 2024 at 11:40 am

In Brief

Finding the next big winner in the fast-moving world of cryptocurrency investment may be likened to trying to discover a needle in a haystack. However, it appears as though lightning struck twice for one clever whale investor. This seasoned investor has set their sights on a new target: Hump Token (HUMP), a popular Solana meme token with a market valuation of less than $100,000,000. They did this after riding the wave of Polygon’s astounding 10,000% surge in 2021. In this piece, we examine the investor’s path, investigate the similarities between HUMP and Shiba Inu (SHIB), and assess the likelihood of meteoric rise in the meme coin market.

The Rise of Polygon (MATIC): A Case Study in Crypto Investing

Before delving into the story of Hump, it’s essential to understand the context provided by the meteoric rise of Polygon (MATIC) in 2021. Polygon, formerly known as Matic Network, captured the attention of investors with its innovative layer 2 scaling solution for Ethereum. As congestion and high fees plagued the Ethereum network, Polygon offered a solution that promised faster and cheaper transactions. In February 2021, Polygon rebranded itself and announced strategic partnerships and integrations with promising metaverse projects. This rebranding effort, coupled with the growing demand for scalability solutions, propelled Polygon to new heights. Investors who recognized the potential of Polygon early on were handsomely rewarded as its price surged by a staggering 10,000%, cementing its status as one of the top-performing cryptocurrencies in 2021.

From Polygon (MATIC) to Hump (HUMP): A Whale Investor’s Journey

Having witnessed the extraordinary growth of Polygon firsthand, one whale investor began to search for the next opportunity in the crypto market. Armed with insights gained from their experience with Polygon, this investor set their sights on Solana, a high-performance blockchain known for its speed and efficiency. The infrastructure of Solana provided the perfect environment for meme coins to flourish, offering cheap fees and quick transaction rates. It was in this ecosystem that the investor stumbled upon Hump, a viral meme coin with a market cap of under $100,000,000 as of writing.

Hump (HUMP): The Solana Meme Coin on Everyone’s Radar

Hump (HUMP) is more than just another meme coin; it’s a demonstration of the strength of the community and the potential for decentralized finance (DeFi) to break down conventional financial obstacles. Drawing inspiration from popular meme coins like Shiba Inu (SHIB), Hump embodies the spirit of innovation and community participation that permeates the crypto industry. With a total supply of 6.9 billion tokens, Hump strikes a balance between scarcity and availability. What sets Hump apart from its peers is its commitment to utility and accessibility. Unlike many meme coins that impose transaction taxes, Hump offers tax-free transactions, providing users with a more cost-effective and efficient trading experience. Furthermore, the integration of Hump with popular decentralized exchanges (DEXs) like Raydium and Jupiter has made it easily accessible to investors, further driving liquidity and adoption. Investors can trade their SOL tokens for Hump using well-known wallets such as MetaMask, Solflare, and Phantom, making it convenient for both newcomers and seasoned investors alike to participate in the Hump ecosystem.

The Comparison to Shiba Inu (SHIB): A Bold Prediction

Shiba Inu (SHIB) took the crypto world by storm in 2021, capturing the imagination of investors with its meteoric rise. Dubbed the “Dogecoin killer,” SHIB experienced an unprecedented surge in value, making early investors fortunes overnight. Now, some are drawing parallels between SHIB’s rise and the potential of Hump to replicate its success. With its low market cap and growing popularity, Hump has caught the attention of investors who see parallels between its trajectory and that of SHIB. Like SHIB, Hump has a dedicated community of supporters who are passionate about its success, driving engagement and adoption across social media platforms.

The Path Forward: Navigating the Hump Ecosystem

For investors looking to capitalize on the potential of Hump, navigating the ecosystem may seem daunting at first. However, the process is relatively straightforward, thanks to user-friendly platforms and decentralized exchanges. By creating a wallet, connecting to a DEX, and swapping SOL for Hump, investors can easily acquire Hump tokens and become part of its burgeoning community.

Conclusion: Is Hump the Next Shiba Inu?

While predicting the next big thing in the crypto market is inherently speculative, the parallels between Hump (HUMP) and Shiba Inu (SHIB) are hard to ignore. With its low market cap, growing community, and innovative features, Hump has the potential to replicate SHIB’s meteoric rise and become the next viral meme coin sensation. As investors continue to flock to HUMP in search of the next big opportunity, only time will tell if it can live up to the lofty expectations set by its predecessor.

Click here to Buy Hump Token (HUMP):

Website: https://hump.io/

Twitter: https://x.com/Humptoken

Telegram: https://t.me/humptoken

Disclaimer

In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

About The Author

Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.