🚨 $HYPE (Hyperliquid): BIG BURNS, BUT UNLOCKS REMAIN A CONCERN!
Hyperliquid has permanently burned nearly 49.87M $HYPE, worth around $3.89B. 🔥
But here's the catch: monthly unlocks of 9.9M HYPE outweigh the estimated 591K monthly burns, offsetting only around 6%.
📊 Despite generating $1.38B in cumulative revenue, supply pressure remains a concern.
My view: Strong token burns are bullish, but unlocks could limit $HYPE's upside. Keep an eye on supply dynamics! 👀
P2E NFT Games Portal +2
#HeYiSaysWithdrawalsExpectedtoResumeWithin42Hours #CZSaysCompensationIsinPlaceUsersAreProtected #USDCCirculationFallsAbout800MInSevenDays
Hyperliquid has permanently burned nearly 49.87M $HYPE, worth around $3.89B. 🔥
But here's the catch: monthly unlocks of 9.9M HYPE outweigh the estimated 591K monthly burns, offsetting only around 6%.
📊 Despite generating $1.38B in cumulative revenue, supply pressure remains a concern.
My view: Strong token burns are bullish, but unlocks could limit $HYPE's upside. Keep an eye on supply dynamics! 👀
P2E NFT Games Portal +2
#HeYiSaysWithdrawalsExpectedtoResumeWithin42Hours #CZSaysCompensationIsinPlaceUsersAreProtected #USDCCirculationFallsAbout800MInSevenDays
