# Artikel Terkait Supply Cut

Hyperliquid: Can $912 mln in token burns help HYPE target $40?

Hyperliquid (HYPE) has faced significant selling pressure, dropping from a high of $50 to around $24. To counter this, the Hyper Foundation burned 37 million HYPE tokens (worth over $912 million) after an 85% approval in a governance vote. This reduced the circulating supply by 11-13%, aiming to increase scarcity and ease sell pressure. Exchange outflows have exceeded inflows, suggesting reduced selling pressure. Recent data shows buyers are outpacing sellers for the first time in weeks, indicating potential momentum. If the burn positively impacts the market, HYPE could target $30 or even $40. However, failure may lead to a drop below $20.

ambcrypto12/25 04:02