New memecoin receives support of large influencers amid airdrop
It is no secret that the cryptocurrency market loves a memecoin to speculate on for the short term. Now, a new fun token surge in DeFi earning the attention and interest of crypto traders amid an airdrop campaign. The new memecoin is called HUG, opening its arms to hug-related memes while appealing to love and kindness. Notably, the token “powered by hugs” has gained the attention of large influencers and is yet in its early stages. In particular, Ivan on Tech ( @IvanOnTech , 425,700 followers) recently hosted a HUG airdrop on X (formerly Twitter). The post already had over 1,800 comments with other relevant accounts supporting the recently launched memecoin, campaign, or infrastructure network. For example, Adrian Zduńczyk ( @crypto_birb , 650,100 followers). Legend! @PiersRidyard knows what he’s doing — Adrian Zduńczyk, CMT (@crypto_birb) January 22, 2024 HUG price analysis Interestingly, HUG runs on Radix (XRD), part of a DeFi ecosystem that is still growing...