Hachiko (HACHI) has rapidly reached a market cap of $3.91 million, showcasing impressive performance for a relatively new token.
Notably, it has experienced strong momentum in the past 24 hours, with a 105.86% increase and a $2.44 million trading volume surge, reflecting a 104.09% rise.
Analysts are optimistic about the token’s future potential for returns and anticipate continued bullish momentum, suggesting the likelihood of further price appreciation in the coming days.
Hachiko (HACHI) price analysis
Hachiko, a dog-themed meme coin inspired by the real-life story of an Akita dog renowned for its unwavering loyalty, was launched this year.
Despite being a relatively new entrant to the cryptocurrency market, Hachiko (HACHI) has quickly gained traction, appearing alongside established projects.
This remarkable achievement highlights Hachiko’s ability to stand out in a highly competitive space. Currently, Hachiko is valued at $0.00388, reflecting an impressive 99.11% increase over the past 24 hours.
Over the past week, it has demonstrated significant growth, surging 883.50% from its lowest point of $0.0001419 on October 17, reaching an all-time high of $0.008467.
Based on technical analysis, Hachiko is forecasted to trade between $0.003960 and $0.004313 this week, with a potential 39.67% increase.
If the upward momentum continues, Hachiko could reach $0.004313 by October 27, 2024, maintaining its bullish trajectory throughout the month.
While many cryptocurrencies experience dramatic price fluctuations, Hachiko aims to establish a stable and lasting presence in the market.
It has recently been trending in the top three on CoinMarketCap, alongside well-known projects like GOAT and PEPE, successfully carving out its niche in a crowded marketplace.
Hachiko is currently listed on decentralized exchanges, including Jupiter, Dextools, DexScreener, and Raydium, with hopes of expanding to centralized exchanges in the future.
With a total supply of 1 billion tokens and no taxes applied for buying or selling, Hachiko’s liquidity pool has been burned, signaling a strong commitment to transparency and stability. These measures enhance investor confidence and create a solid foundation for future growth.
A meme coin with a purpose – Supporting canine rescue initiatives
Hachiko, a symbol of loyalty born in 1923, became renowned for his unwavering vigil at Shibuya Station, waiting for his deceased owner, Professor Ueno.
This poignant narrative serves as the foundation for Hachiko’s branding, aiming to inspire a sense of community and commitment among its supporters. More than just a meme coin, Hachiko embodies loyalty and perseverance in the dynamic world of cryptocurrency.
The project’s aspiration lies in building a trustworthy community focused on long-term value and unwavering commitment to its development. Beyond its community-building efforts, Hachiko is dedicated to giving back.
A recent $500 donation to Canine Rescue, which will be used to provide 1,000 meals for dogs and cats in need, highlights Hachiko’s commitment to its core values and reinforces its appeal within the crypto.
As the market continues to evolve, projects that resonate with the community and offer unique value propositions are likely to emerge as leaders. Hachiko exemplifies this trend, and another token currently in presale has also shown great potential, having raised over $21 million.
If you’re looking for investment opportunities that could offer big returns and increase in value during the next bull run, check out our guide here for the best crypto presales of 2024.
An alternative Pepe-theme crypto with high upside potential
While Hachiko experiences significant momentum, the Pepe Unchained presale is also making strides, having reached a new milestone of $2.5 million.
This innovative project is focused on developing a Layer 2 blockchain specifically for the Pepe meme coin ecosystem, powered by its native token, $PEPU. This sets it apart from Shiba Inu’s Layer 2 solution, Shibarium, which does not have a dedicated token.
Pepe Unchained has gained considerable traction, raising over $21.6 million in its ICO, exceeding its initial target of $20 million.
Pepe is the painter.
The blockchain, his canvas.
The ecosystem, a work of fine art. 🖌️ pic.twitter.com/ZHXnA4YODw
— Pepe Unchained (@pepe_unchained) October 21, 2024
A key initiative driving this growth is the launch of the “Pepe Frens with Benefits” developer grant program, designed to encourage blockchain developers to create projects on the Pepe Unchained platform.
This effort aims to diversify the ecosystem and promote adoption. The Layer 2 solution will feature several attractive elements, including instant bridging between Ethereum and the Pepe chain, significantly lower transaction fees, speeds up to 100 times faster than Ethereum, and a dedicated block explorer.
innovations are expected to draw in more developers and users, positioning Pepe Unchained as a serious contender in the meme coin arena.
With robust community support and strategic development initiatives, Pepe Unchained has the potential to enhance the visibility of the native Pepe token and solidify its place in the cryptocurrency landscape. To participate in the $PEPU token presale, go to pepeunchained.com.