Hyperliquid has set the NFT market buzzing with the launch of its Hypurr collection, distributing 4,600 NFTs to early supporters on the HyperEVM mainnet.
🚀 Market Impact
The collection has already recorded ~$45 million in trade volume, with the floor price hovering around 1,463 HYPE (~$68,900).
One standout sale: Hypurr #21 sold for 9,999 HYPE (~$470,000), signaling high demand among collectors and traders.
HYPE, Hyperliquid’s native token, also reacted — climbing over 4.6% in the last 24 hours to trade above $47.
🎨 Community-Driven Origins
Hypurr NFTs were airdropped to genesis event participants, developers, and early contributors. Each NFT reflects unique traits — moods, hobbies, and quirks of the Hyperliquid community.
⚠️ The Big Question: Utility
Despite the hype, utility remains unclear. The Hyper Foundation has stated no guaranteed benefits are tied to Hypurr, though future perks or ecosystem roles could emerge.
📈 Why It Matters
Sparks renewed debate about whether NFTs can stage a comeback after years of cooling since the 2021 mania.
Raises the question: are Hypurr NFTs true community collectibles or just another high-priced speculative play?
👉 Traders are watching closely — will Hypurr sustain momentum, or fade once the novelty wears off?