Hyperliquid Is Burning $1Bn In HYPE Tokens: But Is It Enough?

The Hyperliquid Foundation is moving to permanently remove roughly $1 billion worth of its HYPE tokens from supply. This bold action comes as the token’s price slides to seven-month lows, struggling against a wave of doubt. The burn is a direct answer to fierce competition from newer platforms that are. . . source: https://99bitcoins.com/news/altcoins/hyperliquid-is-burning-1bn-in-hype-tokens-but-is-it-enough/