Hyperliquid is contemplating the removal of its 1 billion HYPE token supply cap, a move that could reduce the total supply by 45%. The proposal suggests that the existing hard cap limits the company's ability to pursue growth initiatives, including potential acquisitions. This development comes as the cryptocurrency market experiences a consolidation phase, with major digital assets exhibiting range-bound volatility despite increasing holdings.
Hyperliquid Proposes Removing HYPE Supply Cap to Enhance Growth
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