Here's why #HayCoin (HAY) price exploded to $2,392,640.
#_UniswapfounderHaydenAdams burned 99% of the HayCoin (HAY) supply on October 20, according to an announcement on X #formerlyTwitter م. The majority of the tokens were removed from circulation due to Adams' concerns about price speculation during the previous days. Adams deployed HayCoin (HAY) for testing five years ago. Before the launch of the decentralized protocol Uniswap. He created a small test liquidity pool with a small fraction of the total supply and held over 99.9% of HAY tokens in his wallet. Just a few weeks ago, the token was trading like a meme in the six-figure range. “Over the years, a few people noticed it and bought it as a joke/for its novelty,” he said. I was very surprised to see people buying and selling large dollar amounts over the past week. And they treat it like meme currency. #Cryptocurrencies can be weird sometimes.”
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