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First Hungarian meme coin conquers international crypto exchanges
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The Hungarian Vizsla Inu (HVI) is the first Hungarian meme cryptocurrency. The project was founded by a group of friends coming from a number of different fields, like Law, Economy, and IT, and the Vizsla Inu project serves both business and charitable purposes. The value of the ten trillion tokens issued since the launch of HVI on 27 May 2021 has fluctuated in the last months, but founders claim that the cryptocurrency still has many untapped possibilities.
Hungarian Vizsla Inu is an investment and charity-oriented cryptocurrency that has shown quite good performance and has generated an impressive market cap within a short time.
Coin or token?
Founders PΓ©ter GΓΌlsen and FΓ‘biΓ‘n SΓ‘ndor explained that, strictly speaking, HVI is a token, but the difference between coins and tokens is not significant, and they are often used as synonyms. Basically, all coins and tokens are regarded as cryptocurrency, but coins are digital money that store value over time while tokens are digital assets that can be used as a method of payment and also give the holder a right to participate in a network. Tokens have a contract created on a smart chain network, and they can be endowed with special features using smart contracts.
Lifespan
The average lifespan of meme coins is approximately 3β6 months (the bigger ones can run for years), but their actual lifespan is difficult to determine, writes Index. The founders of HVI estimate the lifespan to be around 1β3 years, after which the connected functions will run through the token.
