#HYPE reduces the supply 🫣🫣‼️
Yes, the market is under a lot of pressure right now, but #Hyperliquid is reducing it. Just 24 hours have passed, and it bought back and sent 47,000 tokens $HYPE for burning at a price of $66.37. Is that a lot? You decide.
Another important fact: a total of 50.59 million tokens have already been destroyed, worth around $3.12 billion. That’s 5.06% of the maximum supply—not bad.
Another interesting metric: Hyperliquid’s cumulative revenue has reached $1.42 billion, which is also quite useful to know when investing.
Will there be a reaction to this in the near future, I wonder? Or will the market ignore it?
Yes, the market is under a lot of pressure right now, but #Hyperliquid is reducing it. Just 24 hours have passed, and it bought back and sent 47,000 tokens $HYPE for burning at a price of $66.37. Is that a lot? You decide.
Another important fact: a total of 50.59 million tokens have already been destroyed, worth around $3.12 billion. That’s 5.06% of the maximum supply—not bad.
Another interesting metric: Hyperliquid’s cumulative revenue has reached $1.42 billion, which is also quite useful to know when investing.
Will there be a reaction to this in the near future, I wonder? Or will the market ignore it?
