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#Gate广场五月交易分享 #HYPE
HYPE Token Rises 58% in Three Days After HIP-3 Launch
Following the launch of HIP-3, the HYPE token surged over 58% in three days. The price jumped significantly from $20 to $38, currently trading around $44. According to data, the HYPE token price is currently at $44.
Market analyst and crypto investor Arthur Hayes suggested in March that HYPE could reach $150 by August. Hayes stated that demand would be driven by the proliferation of crypto derivatives tied to commodities. He also noted that the platform allocates 97% of its transaction fees to HYPE token buybacks, which he said puts upward pressure on the price.
It stands out as one of the largest revenue-generating projects in the decentralized futures market; this growing trend on the blockchain is a major revenue stream, particularly outside of stablecoins. The platform's token buyback policy continues to support demand and price levels.
$HYPE