BSC DeFi token HOPPY has rallied by over 400% in 24 hours. Here’s all you need to know, and where to buy HOP today.
2021 has seen decentralised finance (DeFi) shift from the Ethereum network to the Binance Smart Chain (BSC). As a result of this move, multiple BSC tokens have recorded staggering gains, and the latest to do so is HOPPY (HOP), whose price has surged by a factor of five in just 24 hours.
In this article, we will provide all the information you need to decide whether or not to invest in HOPPY. We’ll give you some background on the project and a price prediction, as well as showing you where to buy the in-demand coin with the highest levels of security and the lowest fees.
How & where to buy HOPPY in the UK and elsewhere
To buy HOP tokens, just sign up with a reliable broker or exchange, deposit funds, and purchase the number of HOP coins you want.
Many traders use decentralised exchanges (DEXs), but we believe that brokers offer the best experience for most investors, due to their high levels of security and smooth interfaces. Here are the two best platforms to buy HOPPY today:
eToro is one of the world’s leading multi-asset trading platforms offering some of the lowest commission and fee rates in the industry. It’s social copy trading features make it a great choice for those getting started.
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What is HOPPY?
HOPPY is a DeFi platform on the Binance Smart Chain that was founded in May 2021. Still a very young project, HOPPY follows in the footsteps of other tokens in that it focuses its application on charitable goals.
HOPPY sets aside a portion of all transaction fees to be donated. Its benefactors are largely climate change charities, as HOPPY is geared towards greening cryptocurrency and making digital assets more sustainable.
With concerns around cryptocurrencies and the environment becoming a hot button issue thanks to frequent comments from Elon Musk and others in the space, HOP could certainly be a token that wins a greater share of the limelight in the coming months and years.
Should I buy HOPPY today?
With a diluted market cap of under $2 million, HOPPY has a lot of room to grow. Although it has recorded 24-hour gains of over 400%, HOP is still a way off its all-time high, which was reached in early June. This means that there is definitely potential for further short-term gains.
HOPPY is similar to other BSC tokens in that it experiences huge volatility. This volatility causes eye-watering price swings but means that holders can see huge appreciations in value over small time spans.
HOP price prediction
HOP has bucked a bearish trend over the last day, with a steady decline in price being interrupted by a huge green candle on the daily chart. If a bullish divergence is confirmed over the next couple of days, accompanied by support from other indicators such as the RSI, the all-time high of $0.000000045 will be the next logical price target.
Before that, the 24-hour high of around $0.000000030 is very much within reach if HOP can sustain its current momentum.