🐦 $HYPE did not merge!

Perp

33.51

-6.8%

🔵 On Saturday, 1.75 million HYPE tokens were unlocked for the team and contributors — at current prices, this is just over $60 million.

🔵 This is part of a previously announced vesting schedule, with no surprises. Exactly one year ago, 270 million HYPE were fully unlocked — that's $9.5 billion today.

🔵 And then the market survived without a crash. The project did not attract external capital, so there are no investor lock-ups and there will not be any.

🔵 After unlocking, the token fell slightly from $34.4 to $33.8 (-1.7%). The market reacted to the unlocking without panic.

HYPER

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