MemeCoin

Dive into the trenches of the HyperLiquid ecosystem with memecoins and tokens that drive community engagement.

The HyperEVM Memecoin Phenomenon

Hyperliquid's memecoin scene is emerging as a unique ecosystem with characteristics that differentiate it from other blockchain environments:

Community-First Culture

Unlike many other chains where memecoins quickly rise and fall, Hyperliquid has developed a more supportive community culture:

  • Hypios as a Movement - The "Hypio" community identity has become a cultural touchpoint, similar to how "Solana Degens" defined that ecosystem

  • PvE vs PvP Mentality - Many observers note that HyperEVM fosters collaboration rather than competition, with holders supporting projects long-term

The Two Ecosystems

Hyperliquid's token scene has evolved into two distinct but connected spheres:

HyperCore (Order Book)

  • $PURR - One of the first native memecoins

  • $PIP - Considered a blue chip memecoin by orderbook traders

  • $HFUN - Early memecoin on HyperCore

HyperEVM (Smart Contract)

  • $BUDDY - First major memecoin on HyperEVM, known for its "Alright buddy" catchphrase

  • $RUB - Unique token with "reverse unit bias" and non-traditional naming

  • $EVM and $LUBE - Additional tokens in the ecosystem

Notable Projects

$BUDDY

$BUDDY stands out as the pioneering memecoin on HyperEVM, with several key attributes:

  • First coin to spark the HyperEVM memecoin movement

  • Strong holder community that continues to support the project

  • "Alright buddy" has become a cultural catch phrase within the ecosystem

  • Remarkable resilience despite 73% of supply being airdropped to community

$RUB

$RUB offers a fresh narrative in the memecoin space:

  • Breaks away from traditional animal-based memes (no dogs, cats, or frogs)

  • Features an unusual price display (appears as high dollar amounts)

  • Distribution primarily to active Hyperliquid users

  • Potential to attract traders from other chains seeking new narratives

The Hypio Connection

The Hypio NFT collection has become deeply intertwined with Hyperliquid's memecoin scene:

  • Original mint price of $50 has provided holders with multiple airdrops

  • Returns exceeding 200x within months through airdrops of $BUDDY, $RUB, $EVM and more

  • Continues to be a major distribution vector for new tokens

Community Dynamics

The Hyperliquid memecoin space shows interesting social patterns:

  • Strong holder mentality compared to other chains where quick selling is common

  • Community-driven support of specific winners ($BUDDY and $RUB emerging as favorites)

  • Potential tensions between HyperCore and HyperEVM communities, with different preferences and investment strategies

  • Likely to be further incentivized in future Hyperliquid points seasons

Outlook

As the ecosystem matures, several trends are worth watching:

  • The potential for a Hyperliquid equivalent to what $BONK became for Solana

  • Increased mainstream attention as the ecosystem grows

  • More airdrops anticipated for active community members

  • Growing integration between HyperCore and HyperEVM token economies

Resources & Credits

PreviousHyperCore

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