Hello Pal Intl Inc (HLLPF)

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Hello Pal’s Entry Into The Crypto Industry Could Propel Company Higher

What started out as a viral meme-inspired cryptocurrency ended up making investors close to 400% returns in just one week!

As a matter of fact, this cryptocurrency has been on a tear, gaining 50x year-to-date and blowing Bitcoin and other Altcoins out of the water.

If you have no clue what we’re talking about then just look up Dogecoin.

Dogecoin got thrust into the national spotlight again when Tesla’s Elon Musk posted a series of tweets, drawing even more attention to the altcoin.

While the digital currency’s price has since surged to an all-time high of $0.40 further driving up enthusiasm, like many other cryptocurrencies, Dogecoin has been volatile.

One great way of taking advantage of the rising popularity of Dogecoin while minimizing exposure to volatility would be to invest in Hello Pal (CSE:HP) (OTCQB:HLLPF) (FSE:27H). The stock popped 715% from $0.20 to $1.63 from February 12th to March 4th!

Hello Pal recently made a huge bet on Dogecoin after acquiring a 51% interest in Crypto Pal Technologies Ltd., which owns 12,500 Dogecoin and Litecoin mining rigs. This acquisition should complement its suite of mobile applications that includes a proprietary digital wallet which allows users to transact popular digital assets and tokens, including Bitcoin and Ether.


6 Reasons Hello Pal Could A Significant Player In Cryptocurrency

First publicly-listed entity focused on mining Dogecoin. Recently acquired a 51% stake in Crypto Pal, which owns 12,500 mining rigs dedicated to mining Dogecoin and Litecoin. Newly acquired mining assets provide a combined hash rate of 6.25 TH/s, which amounts to 2.1% of the entire current LTC network hash rate.

Hello Pal has acquired significant stakes in crypto mining assets that will translate to more than 2.1% of the entire LTC network hash rate.

Hello Pal’s Asian operations have been cashflow positive from October 2020 to present. Revenue increasing MoM from $640,000 in April 2020 to $2.583 million in May 2021, which marked the company’s 6th consecutive month with over $2 million in revenue

Strong and competent leadership team with significant experience in the cryptocurrency industry.

Explosive growth of user base: currently over 5.7 million users from over 200 countries and regions

Expansion imminent, backed by established successes from live streaming in China, with a strategic plan in place to move into international markets.


Corporate Overview

Hello Pal (CSE:HP) (OTCQB:HLLPF) (FSE:27H) is a provider of international live-streaming, social-crypto and language learning mobile apps. The company has been focused on the live-streaming market in China but it recently announced its entry into the cryptocurrency space by launching its own crypto mining service.

The service gives users the ability to start mining Bitcoin, Ethereum, Dogecoin and Litecoin and the can own or partially own cryptocurrency miners managed in professionally-run mining facilities. This service essentially eliminates the hassles of acquiring a suitable miner, complicated hardware/software setup, expensive electricity bills and endless maintenance.

The Hello Pal platform also includes a proprietary digital wallet based on blockchain technology allowing users to store and transfer popular digital assets and tokens, including Bitcoin and Ether.

Although this is a relatively small company, the business has been growing rapidly, with monthly revenues breaking the $2 million ($1.59 million) barrier for the past three months. On June 2, 2021, Hello Pal was trading at C$1.20 per share and had a C$194.4 million market cap.


A 715% Gain in Less Than a Month

Hello Pal (CSE:HP) (OTCQB:HLLPF) (FSE:27H) couldn’t have asked for a better start to 2021, particularly after the February announcement of their new partnership and initiative to allow for users to begin mining Bitcoin and Ethereum.

The stock popped 715% from $0.20 to $1.63 from February 3rd to March 3rd, and has held firm in a new higher range ever since. The meteoric rise since that announcement was met with some resistance at $1.63, and has settled into a range of $1.10-1.30.

Hello Pal (CSE:HP) (OTC:HLLPF) (FSE:27H) is positioned to be on the front burner for investors as it continues to build out the new initiative, and expand its foray into cryptocurrencies.



Cryptocurrency Expansion
Hello Pal (CSE:HP) (OTCQB:HLLPF) (FSE:27H) has been making a number of strategic investments in an effort to expand into the crypto space. Last month, the company entered into a purchase agreement with a company controlled by Shanghai Yitang Data Technology to acquire an initial 51% interest in Crypto Pal Technology Ltd., which owns 12.5K mining rigs dedicated to mining Dogecoin and Litecoin, with the option to increase such interest to 100%.

The mining assets provide a combined hash rate of 6.25 TH/s translating to 2.1% of the entire current LTC network hash rate. The company paid $1.5 million in cash in addition to 1.8M units worth $2.25 million.

As a result of the acquisition of Crypto Pal, it is believed that the company is currently the sole listed issuer primarily focused on mining Dogecoin.

Since it's likely that Dogecoin will continue to be seen as an alternative to Bitcoin given its lower price, ease for making online payments, and a much lower power requirement in mining it, we are confident that Hello Pal’s unique position should give investors one of the best ways to play this opportunity.

To learn more about Hello Pal (CSE:HP) (OTCQB:HLLPF) (FSE:27H), click here.