Markets
Hyperliquid (HYPE) Price Targets $110 as $10M Burns Amid Supply Risk
Coinpedia·October 7, 2026·1 min read
Hyperliquid (HYPE) price hovers near $90 as traders weigh supply forces. Hyperliquid bought and burnt $10.15 million worth of HYPE, removing tokens from circulation. However, a $340 million token unlock adds a supply overhang, more than 33 times the burn value, creating price uncertainty.
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