So all that good news was just to dump on the market?
Tomorrow at 8 a.m. Beijing time, around 3.75 million HYPE tokens from Hyperliquid @HyperliquidX will unlock,
accounting for 1.69% of the circulating supply. At $90 each, that’s about $340 million, most of which goes to the team.
But instead of falling, the price is rising.
I get it—there’ll be more tokens circulating in the market,
so we can happily buy, buy, buy again!
At this rate, it’s only a matter of time before $HYPE breaks $100.
Tomorrow at 8 a.m. Beijing time, around 3.75 million HYPE tokens from Hyperliquid @HyperliquidX will unlock,
accounting for 1.69% of the circulating supply. At $90 each, that’s about $340 million, most of which goes to the team.
But instead of falling, the price is rising.
I get it—there’ll be more tokens circulating in the market,
so we can happily buy, buy, buy again!
At this rate, it’s only a matter of time before $HYPE breaks $100.
