Destroying 13.7% of circulating tokens, HYPE finally can't hold back!
$HYPE Recently, brothers who have been paying attention to DEX platform tokens should know that both the price of hype and aster have been troubled by selling pressure. Whether it's hype at 26 or aster below 0.8, it was unimaginable just half a month ago.
However, today hype takes the lead, destroying 13.7% of circulating tokens, so the token price can't not rise, right? This part of the tokens means that the circulating supply will permanently decrease by about 13.7%. With demand remaining unchanged or increasing, this will directly create upward pressure on the token price, which is a typical deflationary mechanism. More importantly, this move is not just a simple market operation but is 'formally recognized' through the governance process of validator voting, reflecting the maturity of the project's decentralized governance and entrusting key economic decisions to community consensus.
{future}(HYPEUSDT)
{future}(ASTERUSDT)
