Crypto Briefing October 29, 2026

Hyperliquid burns $4B in HYPE tokens, reducing supply by nearly 5%

Hyperliquid burns $4B in HYPE tokens, reducing supply by nearly 5%

The token burn may enhance scarcity, potentially boosting HYPE's value, but market confidence in reaching $100 by year-end remains low.

The post Hyperliquid burns $4B in HYPE tokens, reducing supply by nearly 5% appeared first on Crypto Briefing.

Source: Crypto Briefing
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