Hypeliquid airdrop average value exceeds 30,000 USD, XRP market cap rises to third in crypto.
Written by: Alex Liu, Foresight News
Illustration: Kiet, Foresight News
Note: 'Weekly Hot Searches' statistics are based on user search results from Foresight News from last Friday to this Thursday (November 29 to December 5), and case variations of the same concepts have been consolidated.
HYPE large airdrop
In this week's hot search list, the decentralized derivatives trading platform Hyperliquid's token 'HYPE' landed in third place. The HYPE token will have its TGE on the 29th at 15:30, with a maximum supply of 1 billion tokens, of which 38.888% will be reserved for future distribution and community rewards, 31% will be used for genesis distribution (fully unlocked), 23.8% will be allocated to current and future core contributors, 6% will be used for Hyper Foundation's budget, 0.3% will be used for community funding, and 0.012% will be used for HIP-2 (Hyperliquidity). Unallocated tokens from the genesis event will also be used for future emissions and community rewards.
Additionally, core contributor tokens will be locked for one year after the genesis, most tokens will undergo linear unlocking between 2027-2028, and some tokens will continue to unlock after 2028. HYPE will also be used as the gas fee token for HyperEVM.
HYPE airdrop averages 2,905 tokens per address, currently worth over 30,000 USD! For more airdrop data, recommended reading: Overview of HYPE airdrop data, the largest wealth creation event after the Arbitrum airdrop?
Why does HYPE have such a high market cap? Recommended reading: Hyperliquid, experience the flagship DeFi comparable to CEX
XRP leads the surge among old coins
This week, old coins generally warmed up, with an astonishing rebound in a short time. The already large market cap of 'XRP' led the way, reaching over 150 billion USD, surpassing Solana and USDT to rank third in crypto.
What recent developments has Ripple had? What good news is there for XRP?
CryptoQuant CEO Ki Young Ju tweeted on the 12th that it was the Coinbase whales that drove the recent XRP surge. In the past 30 days, the minute-level premium on Coinbase during the XRP rise ranged between 3% and 13%, while Upbit, which has more XRP investors than Binance, has not shown a significant premium so far.
Additionally, Grayscale announced that it has opened the Grayscale XRP Trust to qualified investors, allowing them to gain exposure to XRP in the form of securities. The XRP Ledger has reduced its basic reserve requirement from 10 XRP to just 1 XRP on December 3, allowing new users to top up their wallets with fewer cryptocurrencies, potentially lowering the barrier to user adoption. At the same time, this also allows users to spend part of the XRP they originally had to hold as reserves. The owner reserve has also been reduced from 2 XRP to 0.2 XRP. This means that users only need to keep 0.2 XRP for each object held in their account.
For more XRP news, recommended reading:
XRP leads the surge, old coins recover: is this a signal for the return of altcoin season?
XRP's monthly increase exceeds 3 times, Omni co-founder analyzes Ripple's origins and future Ripple holds over 1 billion USD in cash reserves, and XRP token reserves may have exceeded 100 billion USD.
Sui wins over people with its rise
Sui remains in the top 5 of the hot search list this week, possibly related to its strong token price performance, 'winning over people with its rise'.
On December 5, SUI briefly surged past 4.4 USDT, reaching an all-time high, with a 24-hour increase of 16.23%. Additionally, SUI's TVL surpassed 1.68 billion USD, setting a new record.
The wind of AI agents rises, Meme popularity remains unabated
This week, the 'AI' agent 'ai agent' and 'Meme' craze continues, with high enthusiasm for core issuance targets like 'Clanker' and 'Virtual' on Base, as well as 'ACT', 'ai16z', and others.
Recommended reading: clanker, the 'hit meme maker' on Base, integrates three major hotspots: AI Agent, meme platform, and Web3 social. Will clanker surpass pump.fun?
More hot keywords delivery
Bitcoin first broke through 100,000 USDT
The Movement Foundation tweeted that it has launched the Beta version of its mainnet. Additionally, Coinbase will list Movement 'MOVE'.
CRV has once again touched 1.2 USDT after more than 600 days.
BlackRock's BUIDL fund address transferred nearly 13.935 million USDC to the 'RWA' project 'Ondo' Finance.
