HarryPotterObamaPacMan8Inu Price Prediction: Meme Coin to Crash to Zero?

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HarryPotterObamaPacMan8Inu (HPOP8I) coin has surged to rank three on CoinMarketCap. However, there are concerns arise about an impending crash.

CMC top 3 trending $XRP #HPOP8I pic.twitter.com/JYVZRb1snu

— HarryPotterObamaPacMan8Inu (@HPOP8I) August 15, 2023

The Emergence of Harry Potter-Themed Memecoins: Exploring HPOP8I and Its Innovative Approach

Following the trend of dog and frog-themed coins, the meme coin market is witnessing a rise in Harry Potter-themed tokens. Various options have emerged, such as HarryPotterObamaSonic10Inu (HPOS10I), HarryPotterObamaPacman8Inu (HPOP8I), HarryPotterTrumpHomerSimpson777Inu, and HarryPotterObamaSonic10InuCash (HPOS10ICETH).

HarryPotterObamaPacMan8Inu, aka HPOP8I, is a novel meme project that recently made its foray into the Ethereum (ETH) blockchain. It amalgamates characters from Harry Potter, Barack Obama, Pac-Man, and the Inu meme trend, resulting in an unconventional blend. The project aims to create a unique narrative that highlights the distinct qualities of each character while fostering a sense of community engagement.

Moreover, the coin bears the ticker symbol XRP, resembling Ripple’s renowned currency. This venture appears to be among the new projects aiming to leverage Ripple’s buzz and potential growth post the SEC lawsuit.

This Harry Potter Obama META has been one of the strongest yet! They will be weeded out based on community strength and dev experience. My number ONE is definitely $XRP and hope the best for all the people working! 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀@HPOP8I let’s get this party…

— YourPOP (@Yourpop8) August 15, 2023

The project’s interactive approach to the Ethereum blockchain has garnered attention. Integrating blockchain technology offers users gamified experiences and meme-inspired content during transactions.

Notably, Brother Marketing has become a partner for this initiative. The project also introduces utility for token holders, granting access to exclusive features, limited-edition NFTs, and virtual events.

Meme-Centric Approach Gains Traction in Telegram Community

HarryPotterObamaPacman8Inu coin (XRP) gained traction in the meme coin market with 2.15K holders in just ten days. Backed by Telegram users, it is all about meme creation and sharing, aiming for a fun and meme-focused environment. People supporting this project are only curious to observe what unfolds in the future.

I can’t get away from the TG. The people are absolutely BONKERS and I love it

We’re not here to talk utility, bots, or technology. It’s Meme or bust pure energy. We’ve seen the craziest memes thrive so why not? Let’s see what happens next pic.twitter.com/xAta9PDLVG

— Henok (@henokcrypto) August 7, 2023

On August 10, the HPOP8I coin secured a listing on Poloniex Exchange within four days of its appearance.

HarryPotterObamaPacMan8Inu #XRP8 is Poloniex newest listing! 🚀@HPOP8I

Deposit will be opened on August 10th, 08:00 (UTC)

August 10th (UTC), Post-only mode will be enabled on 08:00 & Full trading will be enabled on 09:00

Details:https://t.co/hbibH9Orwj #newlisting #Crypto pic.twitter.com/BuSgjQBPSr

— Poloniex Exchange (@Poloniex) August 10, 2023

Furthermore, the next day it secured a listing on CoinGecko, a platform used by investors and enthusiasts to track and analyze the performance of different cryptocurrencies.

Autistic $XRP listed on CoinGecko! #HPOP8I pic.twitter.com/xolFB7IXE4

— HarryPotterObamaPacMan8Inu (@HPOP8I) August 11, 2023

Financial and Marketing Highlights of the HPOP8I Cryptocurrency Project

The tweet from project HPOP8I provides information about specific activities and financial aspects of their cryptocurrency project:

Whale Group Buy Backs

The project’s whale group has initiated buybacks of the cryptocurrency using approximately 700 Ether. Buybacks involve purchasing the cryptocurrency from the market to reduce its circulating supply and increase its value potentially.

Manual Burns by the Whale Group

The whale group has conducted manual burns, which means intentionally removing some cryptocurrency tokens from circulation. This amounts to 15.5% of the total supply. At a market capitalization of around $23 million, this burn translates to approximately $4.2 million.

Funds Spent on Marketing

The project has allocated roughly $900,000 for marketing efforts. This investment aims to promote and raise awareness about cryptocurrency. While some marketing initiatives have been paid for, they have not yet been launched.

Some autistic numbers

Whale group buy backs
-Around 700 eth

Manual burns by the whale group
-15.5% of the supply (At 23m mc = $4.2m)

Funds spent on marketing
-Roughly 900k (Some of the marketing have been paid but not started yet)$XRP #HPOPI8 pic.twitter.com/oitaBDY9TI

— HarryPotterObamaPacMan8Inu (@HPOP8I) August 14, 2023

Twitter Warnings Raise Crash Concerns for HPOP8I Coin

While receiving substantial support from analysts and the Telegram community, the HPOP8I coin has encountered unfavorable attention on social media giant X. Numerous warnings branding it as a potential scam have surfaced on the platform, amplifying the risk of a significant crash for its XRP token shortly.

👋 Be aware of the Harry Potter Obama Pac Man 8 Inu scam project – don't fall for it! #HPOP8i @HPOP8i #ScamAlert pic.twitter.com/FN1Ed5yuTH

— James (@XtremeArmy14a) August 9, 2023

HPOP8I (XRP) Price Analysis

The XRP/USD, daily price chart indicates a decline in the Harry Potter-themed coin’s previous gains. The currency surged by over 2500% upon its launch, sustaining its rise for five days. However, over the past two days, the XRP token has experienced a decline, eroding more than 67% of its initial gains.

HPOP8I price — TradingView: HPOP8I/ETH 1-day chart

Due to the limited price history, technical analysis is constrained. Despite this, amid suspicions of it being a potential scam, a further 33% drop is anticipated, leading to a complete loss of its prior gains and an eventual crash to zero.

While not categorized as a honeypot on DEXTools, the coin is blacklisted. Additionally, two concerning alerts—unlimited transactions and trading cooldown—question the project’s legitimacy. With these indicators, the speculation of a scam gains credibility, heightening the likelihood of an imminent crash.

Alternative to XRP

The highly anticipated cryptocurrency token, Wall Street Memes coin ($WSM), has reached a remarkable milestone with a presale closure at $24 million. This has sparked soaring investor anticipation.

💲25M for Wall Street Memes coin ($WSM) in presale? Astonishing! Soon staking, watch out Wall Street, it's meme time!👊 But, will $WSM be another Doge or Shiba? Who knows? Elon, any thoughts? 💭🐋 #Crypto #WSM #ElonMusk🚀🌕https://t.co/pyDvrxPTRz pic.twitter.com/8fvgcndJ76

— Chain Review (@Chain_Review) August 15, 2023

During the cryptocurrency’s presale phase, Wall Street Memes ($WSM) tokens were sold at $0.0334 each, with a subsequent price increase scheduled in 2 days and 19 hours. The $WSM coin, developed as an ERC-20 token on Ethereum’s blockchain, has a circulation cap of 2 billion.

Impressively designed tokenomics allocate resources for advertising, community rewards, and development. It draws inspiration from the Wall Street Bets Reddit group, renowned for the GameStop short-squeeze. To achieve a market capitalization of $1 billion, $WSM aims for a breakthrough comparable to its inspiration.

The global reputation of the Wall Street Memes group sustains robust community support for the meme coin. Unlike randomly released meme currencies, Wall Street Memes token boasts a one million following across social platforms. This is thanks to adored NFT collections and Instagram memes centered on crypto and stock investments, or “stonks.”

They are crafted by a team with a successful record of accomplishment in Web3 products, such as the Wall St Bulls NFT collection. These sold out in under 32 minutes, earning the team $2.5 million. The coin reflects their expertise.

Wall Street Memes Token: Poised for Success Post-Strong Presale

Raising an impressive $24 million in its presale, the $WSM token is set to enter staking. Investors will be rewarded for holding onto tokens.

Prospective investors can acquire the $WSM token through credit cards or by exchanging ETH, BNB, or USDT tokens. $WSM’s potential to emulate the gains of Doge or Shiba, two successful meme coins, is suggested by some.

6 Cryptocurrencies with Potential to Skyrocket in August" 🚀🔥
1. Wall Street Memes ($WSM)
2. XRP20 ($XRP20)
3. Shibie Coin ($SHIBIE)
4. Cowabunga Coin ($COWABUNGA)
5. DODO ($DODO)
6. Worldcoin ($WLD) pic.twitter.com/WGN8wZcgSB

— orchardbit (@orchardbit) August 15, 2023

Wall Street Memes emerges as a cryptocurrency with skyrocketing potential, distinct for its transparency and community engagement. As Wall Street Memes’ presale concludes, an eagerly awaited trading platform nears release, representing an exciting milestone in its development.