MemeCoin
Dive into the trenches of the HyperLiquid ecosystem with memecoins and tokens that drive community engagement.
The Hyperliquid 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 that shapes both current dynamics and future potential:
Hypios as a Movement - The "Hypio" community identity has become a cultural touchpoint, similar to how "Solana Degens" defined that ecosystem
Hypio NFT collection has become deeply intertwined with Hyperliquid's memecoin scene
Original mint price of $50 has provided holders with multiple airdrops ($BUDDY, $RUB, $EVM)
Returns exceeding 200x within months demonstrate the power of community-first distribution
Continues serving as a major distribution vector for new tokens
PvE vs PvP Mentality - Many observers note that Hyperliquid fosters collaboration rather than competition, with holders supporting projects long-term
Community-driven support of specific winners ($BUDDY and $RUB emerging as favorites)
Cross-ecosystem dynamics create interesting tensions between HyperCore and HyperEVM communities with different investment strategies
Future incentives through Hyperliquid points seasons likely to strengthen this collaborative approach
Ecosystem Evolution - As the space matures, several key trends are emerging:
Potential for a "$BONK moment" - a defining memecoin that becomes Hyperliquid's flagship
Growing mainstream attention as the ecosystem scales and differentiates itself
Enhanced cross-chain appeal attracting traders seeking alternatives to solana memes
The Two Ecosystems
Hyperliquid's token scene has evolved into two distinct but connected spheres:
HyperCore (Order Book) - The original Hyperliquid trading environment hosts several established tokens:
$PURR - One of the first native memecoins
$PIP - Considered a blue chip memecoin by orderbook traders
$HFUN - Early memecoin on HyperCore
For a comprehensive overview of all HyperCore tokens, see this notion by @0xPasteke
HyperEVM (Smart Contract)
$BUDDY - The pioneer that sparked the HyperEVM memecoin movement:
First major memecoin on HyperEVM with strong cultural impact
"Alright buddy" catchphrase became ecosystem staple
Remarkable community resilience despite 73% supply airdropped
Continues to maintain strong holder support
$RUB - Breaking traditional memecoin narratives:
Unique positioning - No dogs, cats, or frogs—fresh narrative approach
Reverse unit bias - Displays as high dollar amounts with unusual pricing
Primarily distributed to active Hyperliquid users
Attracting traders seeking alternatives to traditional animal memes
Additional Tokens - $EVM and $LUBE - Growing presence in the ecosystem
HypurrNFTs
A premium NFT collection distributed to Hyperliquid's most dedicated early supporters, representing the ultimate status symbol within the ecosystem:
Exclusivity & Scarcity
Only 5,000 NFTs will ever exist, awarded to top 5,000 points holders during TGE
Each piece is uniquely individual - not just another profile picture, but a personalized representation of early ecosystem participation
Market Dynamics
Historical sales include multiple $30,000+ transactions on secondary market.
Collection market cap of $166.5M positions it near tier-1 collections like BAYC and Pudgy Penguins
Secondary market managed by Kirby in the HypurrCO & Frens OTC channel
Strategic Value
Airdrop magnet - Prime target for ecosystem protocol airdrops as new projects TGE throughout the year
Anti-VC symbol - Represents rebellion against traditional venture capital dominance in crypto
Wealth retention - Top holders already enriched by $HYPE don't need liquidity, creating supply scarcity
Future utility - Potential for embedded value additions by Hyperliquid team (speculative)
Resources & Credits
Hyperliquid vs. Solana Memecoins Analysis by @ellie_nfts
Hypio Community Returns by @reisnertobias
Hypio's Impact on the Ecosystem by @Xeer
HyperCore vs. HyperEVM Community Analysis by @countrybuns_
Community Dynamics Perspective by @Ramen_HL
Analysis of Memecoin Patterns by @Henrik_on_HL
RUB's Unique Position in the Ecosystem by @Henrik_on_HL
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