Get all your news in one place.
100's of premium titles.
One app.
Start reading
International Business Times
International Business Times
Business
Marvie Basilan

$HSM: Crypto Embraces 'Wholesome' Mermaid-Themed Memecoin Of 'Youngest' Token Creator

A mermaid-themed memecoin based on a young girl's drawing took crypto by storm overnight. (Credit: Annette Batista Day/Unsplash)

KEY POINTS

  • Heart Sparkle Mermaid was launched Tuesday night and is now on a $20 million market cap
  • $HSM's trading volumes have been skyrocketing not even an entire day since the token's launch
  • Many prominent crypto traders believe the token is getting much support because of its 'wholesome' nature

A 12-hour-old new memecoin on Solana is trending on X after the cryptocurrency community took notice of the story behind Heart Sparkle Mermaid (HSM), a memecoin that started with a young girl's request to her father.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.