3.75 million HYPE tokens will unlock tomorrow—who will take a slice of the $340 million?
On October 6, around 3.75 million HYPE tokens will unlock, worth nearly $339 million at the current price, or 1.69% of the circulating supply. The percentage seems moderate, but in dollar terms, it’s a different story.
The current challenge $HYPE isn’t how good the story is, but whether the market can absorb this batch of new tokens. An unlock doesn’t mean an immediate sale: one of the players
On October 6, around 3.75 million HYPE tokens will unlock, worth nearly $339 million at the current price, or 1.69% of the circulating supply. The percentage seems moderate, but in dollar terms, it’s a different story.
The current challenge $HYPE isn’t how good the story is, but whether the market can absorb this batch of new tokens. An unlock doesn’t mean an immediate sale: one of the players
