What is Harry Potter Obama Sonic 10 Inu (ERC-20) And Why Is It Trending on DEXTools?

Updated: 30 June 2023

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The fun crypto asset Harry Potter Obama Sonic 10 Inu has emerged as one of the most trending cryptocurrencies on DEXTools in recent days, ranking a #Hot8 at the time of writing.

Not long ago, Twitter was rife with memes about the project’s name. Harry Potter ObamaSonic 10 Inu, however, has been growing at a quick pace even now, both in terms of value and popularity. The ERC-20 token’s price at the time of writing is $0.0145 according to CoinMarketCap. Harry Potter Obama Sonic 10 Inu had seen a peak high price of $0.02752 earlier this month.

What is Harry Potter Obama Sonic 10 Inu?

According to its whitepaper, “Harry Potter Obama Sonic 10 Inu (Ticker: BITCOIN) is a fun crypto-asset that incentivizes the creation of novel and entertaining meme content.”

The platform aims to provide a setting where dedicated community members may communicate, work together, and spread CoinLore (the history of the token) to other crypto enthusiasts. The project has steered quickly ahead to support stake partnerships, audits, NFTs, the market, and products.

As per the Harry Potter Obama Sonic 10 Inu whitepaper, the project’s ownership has been renounced with no present developers, and its community has taken the lead instead. This is the project’s USP – a strong community-based approach to its growth. The project whitepaper lists the community leaders for the project, including @KillboyINC as the Leader, Community Outreach, and Investor, among others.

An Impressive Journey

Since the project’s launch on November 8, 2021, its ever-growing community has organized and achieved outstanding accomplishments one after another. While the project’s name was ridiculed by a handful of Twitter users last month, the project has shown impressive growth and continues to rise, ranking among the top 10 on DEXTools at the time of writing.

I draw the line at harrypotterobama coin LMFAO

— Oxy (@JEOxendine) May 11, 2023

The project has a dedicated website and has undergone a Smart Contract Security Audit by Techrate. It has also launched an online store and entertaining marketing campaigns for investors and audiences and has more “online and offline marketing silliness” in its pipeline. It leverages the trust and standing of Bitcoin in the crypto sphere, along with a smart contract model that has 0 tax on buys and sells.

Harry Potter Obama Sonic 10 Inu (HPOS10I) also has a clearly outlined roadmap at its disposal, divided into three phases. In the First Phase, HPOS10I is focused on establishing media channels and producing original content to raise awareness and visibility. All photos, videos, and memes will be designed to drive viewers to their social media pages, which will, in turn, direct them to their website. The idea is to build a cult fanbase around HPOS10I in this initial stage.

The Second Phase will see developers and community members contacting various organizers, DEXs, and exchanges to request listings and raise the project’s visibility further. The site is also now pursuing stake relationships with RBXchange and Shibance Doggy Dex.

Harry Potter Obama Sonic 10 Inu calls its Third Phase “largely open-ended” since it is focused on unprecedented growth and diversification. There are plans to link an NFT marketplace with the website, conclude multiple airdrops, create an HPOS10I swap, and enlist on significant exchanges like Coinbase, Binance, and Robinhood.

HPOS10I Tokenomics

The native token of HarryPotterObamaSonic10Inu is BITCOIN. The platform smart contract is designed to perform three key tasks: burn-in each deal, liquidity pool acquisition, and reflection. Here is a snapshot of the coin’s tokenomics:

5% fee = redistributed to holders
5% fee = into LP
Liquidity Locked
Contract Source Code Verified
Ownership Renounced
Total Supply: 1,000,000,000,000,000
BITCOIN Supply
Burned: 637,100,259,651,041 BITCOIN

Harry Potter Obama Sonic 10 Inu Alternatives

While Harry Potter Obama Sonic 10 Inu stands out via its unique website, and we do appreciate the artistic thought that has gone behind it, it is still too soon to say whether it would have a long-term upside. The roadmap, while clear, is standard – not something that we haven’t seen before.

Also, the timing of this coin’s launch seems to be just around when memecoin mania is making an encore – giving us an impression that this token is more about raking in gains by taking advantage of the crowd swept in memecoin fever than anything else.

Wall Street Memes is, therefore, a better alternative. While also a memecoin, it has gotten a strong community behind it. With over 1 million followers across social media platforms and memes good enough to get the attention of Elon Musk, Wall Street Memes is emerging as a memecoin with the potential to 10x when it launches.

Right now, Wall Street Memes (WSM) is available as a presale. It has already raised over $11 million, and the current presale price of the asset is $0.0304. Those interested can buy Wall Street Memes on wallstmemes.com.

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