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Hippocrat

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Discover Hippocrat's fundamentals and latest news.

This content was generated by Whalee (BETA), an AI crypto assitant that analyses cryptocurrencies. Informations can be incomplete and/or erroneous. Please always double check and DYOR.

What is Hippocrat?

Hippocrat (HPO) is a decentralized science cryptocurrency that empowers individuals to control their health data using blockchain and zero-knowledge proof technologies. It aims to solve the problem of siloed health data by providing data sovereignty to millions of healthcare patients worldwide, potentially unlocking the value of currently underutilized health data.

How is Hippocrat used?

Hippocrat (HPO) is a cryptocurrency token that operates within the Hippocrat ecosystem, which focuses on providing data sovereignty to healthcare patients. The HPO token is used to reward data subjects for sharing their health data, allowing them to maintain control over their personal information. Data consumers can purchase and use HPO tokens within the ecosystem, promoting a collaborative protocol for healthcare data built on open standards and Bitcoin.

How do I store Hippocrat?

To store Hippocrat (HPO) tokens securely, consider the following methods:

  1. Cold Wallets: These are offline wallets that provide the safest storage option. They are not connected to the internet, reducing the risk of unauthorized access or hacking.

  2. Hippo Wallet: This is a non-custodial wallet that supports HPO tokens and offers features like multisignature security, custom node integration, and multi-currency versatility. It also allows for staking and swapping tokens.

  3. Free Crypto Wallet App: This app provides a secure environment for storing HPO tokens. It advises users to enable two-factor authentication, use strong passwords, keep the app up to date, and exercise caution when sharing mnemonic phrases or private keys.

  1. Blockchain Network Wallet: After purchasing HPO, it can be automatically stored in your blockchain network wallet address. This method is often used in conjunction with decentralized exchanges.

By using these methods, you can ensure the secure storage of your Hippocrat tokens.

How to buy Hippocrat?

To buy Hippocrat (HPO) tokens, follow these steps:

  1. Find a Reliable Centralized Exchange: Look for a reliable centralized exchange where Hippocrat is listed. You can refer to CoinMarketCap.com's Markets section to find the list of exchanges that support HPO.

  2. Use a Decentralized Exchange (DEX): If Hippocrat is not listed on a centralized exchange, you can use a DEX that supports the blockchain where Hippocrat operates. For example, if you use Trust Wallet, you can go to 1inch to make the transaction.

  3. Set Up Your Crypto Wallet: Download and set up a crypto wallet like Trust Wallet. Ensure you keep your seed phrase safe and note your wallet address.

  1. Buy Ethereum as Your Base Currency: Buy Ethereum on Binance or another exchange, then transfer it to your crypto wallet.

  2. Connect Your Wallet to the DEX: Connect your wallet to the DEX you want to use, using your wallet address.

  3. Trade Your Ethereum for Hippocrat: Select Ethereum as the payment and Hippocrat as the coin you want to buy. If Hippocrat doesn't appear, find its smart contract address on Etherscan.io and paste it into the DEX.

  1. Complete the Swap: Click on the Swap button to complete the transaction.

Additionally, you can refer to guides on Gate.io and CoinCarp for more detailed instructions on buying Hippocrat.

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History of Hippocrat

Hippocrat (HPO) is a cryptocurrency that has been in existence since at least 2019. The all-time low price of Hippocrat was recorded on January 27, 2019, at BTC0.0000071876. This represents a significant increase in value over time, with the current price being 64,036.10% higher than the all-time low.

On the other hand, the all-time high price of Hippocrat was recorded on November 18, 2021, at BTC0.00001643. This indicates that the current price is 95.70% lower than the all-time high.

In terms of market capitalization, Hippocrat ranks #676 on CoinGecko, with a market capitalization of BTC652.9067. The fully diluted valuation (FDV) of Hippocrat is BTC712.9290, which represents the maximum market cap if all 1.1 billion HPO tokens were in circulation.

Hippocrat is part of the Ethereum ecosystem and is traded on various exchanges, including Upbit, Uniswap V3, and Coinone. The token has a circulating supply of 990 million and a total supply of 1.1 billion.

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How Hippocrat works

Hippocrat (HPO) is a decentralized patient network built on blockchain technology. It aims to provide data sovereignty to millions of healthcare patients worldwide by addressing the issue of siloed patient data. Currently, over 90% of patient data is not utilized due to compliance issues and centralized storage. Hippocrat seeks to change this by leveraging blockchain technology to ensure that patients have control over their health data.

The platform collects and stores patient-generated health data (PGHD) related to various disease groups. This data is stored on the blockchain, ensuring that no third party can control or profit from it without the patient's consent. Hippocrat facilitates collaboration between patients and external industry sectors like pharmaceutical companies and research institutions, promoting active research into incurable diseases and the development of new treatments.

Hippocrat utilizes zero-knowledge proofs and zk-rollups to anonymize and share health data while maintaining compliance with regulations. This allows for the secure and efficient sharing of data between institutions, which is currently a significant challenge in the healthcare industry.

The HPO token is the native cryptocurrency of the Hippocrat ecosystem. It can be bought and stored securely in blockchain network wallets. The token is traded on various exchanges and can be acquired through alternative methods such as decentralized exchanges.

Overall, Hippocrat's decentralized approach to healthcare data management has the potential to revolutionize the industry by empowering patients and promoting more effective research and treatment development.

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Hippocrat's strengths

The token Hippocrat (HPO) has several strengths that make it an attractive investment opportunity. One of its key strengths is its focus on healthcare data management, which is a rapidly growing area of interest in the blockchain and cryptocurrency space. By empowering individuals to take control of their health data through blockchain and zero-knowledge proof technologies, Hippocrat addresses a significant need in the healthcare sector.

Another strength of HPO is its potential for long-term growth. Predictions suggest that the token's price could increase significantly over the next few years, with an average price of $1.70 and a high of $2.50 by 2025, and potentially reaching $2.80 by 2030. This growth is expected to be driven by mainstream acceptance of cryptocurrencies and HPO's role as a pioneer in healthcare-focused blockchain technology.

Additionally, HPO's utility model, which rewards data subjects for sharing data, provides a sustainable incentive structure that can drive adoption and engagement within the Hippocrat ecosystem. The token's rebranding from HUM and the planned hard fork also demonstrate the project's commitment to adapting and improving its offerings.

Overall, Hippocrat's unique focus on healthcare data management, its potential for long-term growth, and its innovative utility model make it an attractive investment opportunity for those interested in the cryptocurrency market.

Hippocrat's risks

Hippocrat (HPO) is a cryptocurrency that operates in the decentralized science (DeSci) space, focusing on providing data sovereignty to healthcare patients. The financial risks associated with Hippocrat are primarily related to its market performance and the broader cryptocurrency market.

Market Volatility

Hippocrat's price can fluctuate significantly over short periods, as seen in its 24-hour price changes, which can be as high as 11.22% or as low as -11.90%. This volatility makes it challenging for investors to predict its future value accurately.

Regulatory Risks

Changes in regulatory policies can impact the price of Hippocrat. As the cryptocurrency market is still largely unregulated, sudden changes in laws or policies can lead to significant price swings. For instance, stricter regulations could negatively affect the price, while more favorable regulations could boost it.

Technological Risks

Hippocrat's reliance on blockchain technology and decentralized systems makes it vulnerable to technological risks. Any security breaches, scalability issues, or failures in the underlying technology could negatively impact the price of HPO.

Competition Risks

The cryptocurrency market is highly competitive, with numerous projects vying for market share. If other DeSci projects or healthcare-focused cryptocurrencies gain more traction, it could negatively impact Hippocrat's market performance and price.

Liquidity Risks

Hippocrat's liquidity is crucial for its market performance. If the liquidity is low, it can lead to significant price swings and make it difficult for investors to buy or sell the cryptocurrency.

Investment Risks

Investing in Hippocrat, like any other cryptocurrency, carries inherent risks. The value of HPO can drop significantly, resulting in losses for investors. It is essential for investors to conduct thorough research and understand the risks before investing in Hippocrat.

In summary, Hippocrat's financial risks are primarily related to market volatility, regulatory changes, technological issues, competition, liquidity, and investment risks. These risks can significantly impact the price and value of HPO, making it crucial for investors to be aware of them before investing.

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Hippocrat's ecosystem

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Hippocrat’s team

  • Blockchain Commodities: The team behind Hippo Wallet and Hippo Wallet Token (HPO) is Blockchain Commodities, a leading custom blockchain software company specializing in blockchain project consultation and helping businesses create decentralized ecosystems and projects.

Whalee AI

The fundamental analysis assistant for crypto value investors.

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