The Hyperliquid project airdropped 31% of the total supply of #HYPE tokens.
The special feature of this TGE and airdrop is that Hyperliquid did not allocate tokens to any investors, exchanges, or market makers.
=> Currently, the #HYPE token can only be traded on the Hyperliquid DEX, at a price around 4 USD.
*Note: To receive the airdrop, users must have participated in Hyperliquid's previous point farming program. At the same time, they must agree to the terms of receiving the airdrop on the project's homepage before November 28, 2024.
The community's reaction to the airdrop has been quite positive. Many people have flaunted the large amounts of money they received from the airdrop tokens (some up to several thousand USD).
Could it be that the decision not to cooperate with any CEX exchanges helped keep the price of the HYPE token high after the TGE? Did anyone pick this up? 🎉