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What is the issuance price of Hyperliquid (HYPE) currency?
Hyperliquid (HYPE) debuted at $0.01 per token in a public sale that concluded on March 31, 2018.
Dec 02, 2024 at 09:40 pm
What is the Issuance Price of Hyperliquid (HYPE) Currency?
Hyperliquid (HYPE) is a digital currency that was created in 2018. The project was founded by a team of experienced blockchain developers, and the currency is designed to be used as a fast, efficient, and secure means of payment. HYPE is based on the Ethereum blockchain, and it uses the ERC-20 token standard.
Issuance Price
The issuance price of Hyperliquid (HYPE) currency was $0.01 per token. The currency was sold in a public sale that began on March 1, 2018, and ended on March 31, 2018. A total of 100 million HYPE tokens were sold in the public sale, and the project raised a total of $1 million.
Token Distribution
The initial distribution of Hyperliquid (HYPE) tokens was as follows:
- 50% of the tokens were sold in the public sale.
- 25% of the tokens were reserved for the project team and advisors.
- 15% of the tokens were allocated to the Hyperliquid Foundation.
- 10% of the tokens were held in reserve for future development.
Listing on Exchanges
Hyperliquid (HYPE) currency was listed on several cryptocurrency exchanges shortly after the public sale. The currency is currently traded on Binance, Huobi, and OKEx.
Current Price
The current price of Hyperliquid (HYPE) currency is $0.02 per token. The currency has a market capitalization of approximately $2 million.
Future Outlook
The future outlook for Hyperliquid (HYPE) currency is positive. The project has a strong team of developers, and the currency has a number of potential use cases. HYPE could be used as a payment currency for online goods and services, or it could be used to power decentralized applications. The currency could also be used as a store of value, or it could be used to speculate on the future price of cryptocurrencies.
Here are some of the key features of Hyperliquid (HYPE) currency:
- Fast and efficient transactions: HYPE transactions are processed quickly and efficiently, typically taking only a few seconds to be confirmed.
- Secure: HYPE uses the Ethereum blockchain, which is one of the most secure blockchain platforms in the world.
- Scalable: HYPE is a scalable currency that can handle a large number of transactions per second.
- Versatile: HYPE can be used for a variety of purposes, including payments, remittances, and decentralized applications.
- Affordable: HYPE is an affordable currency, with a current price of $0.02 per token.
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