500% increase in 3 days, average airdrop of $28,500; How did Hyperliquid make the market crazy?
Original title: (The largest airdrop of the year? Hyperliquid's average airdrop of $28,500, HYPE's popularity brings a new gold rush)
Original author: Frank, PANews
After much anticipation, on November 29, the decentralized derivatives exchange Hyperliquid announced the Genesis event for its native token HYPE. After the token went live, the price of HYPE skyrocketed, rising from an opening price of $2 on November 29 to a maximum of $9.8 on December 1, nearly increasing fivefold in less than three days.
Compared to other major airdrop projects this year, HYPE's market performance is truly impressive. In this airdrop, Hyperliquid distributed a total of 310 million tokens, and even at an opening price of $2, the airdrop scale reached $620 million. It can be considered one of the largest airdrop projects of the year.