The HYPE token has risen over 600% since its launch, pushing the total value of the airdrop to $7.5 billion.
The decentralized launch of the Hyperliquid (HYPE) token may usher in a “new era” for onchain fair launch cryptocurrencies following some disappointing token launch events on centralized exchanges.
After staging the most valuable airdrop in crypto history, the Hyperliquid token came into the spotlight for its decentralized distribution, which excluded venture capital (VC) firms and early investors.
The launch of the Hyper token marks the beginning of a “new era” for fair launch tokens, according to Vitali Dervoed, co-founder and CEO of Composability Labs.
Read more
Read the full article here
