The post Hyperliquid (HYPE) Price Targets $110 as $10M Burns Amid Supply Risk appeared first on Coinpedia Fintech News
The Hyperliquid (HYPE) price is hovering near $90 as traders weigh two very different supply forces. Hyperliquid recently bought and burnt $10.15 million worth of HYPE, permanently removing tokens from circulation. In contrast, a $340 million token unlock is adding a much larger potential supply overhang. The unlock is more than 33 times the value …