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1h ago

Hyperliquid’s Hypurr Airdrop Hits ~$45 Million in 24-Hour Volume as Floor Settles Near 1,460 HYPE

Distributed to Genesis participants as a memento, the NFTs lack promised utility despite a modest HYPE bounce.

Overview

  • The Hyper Foundation released 4,600 Hypurr NFTs on HyperEVM, allocating 4,313 to November 2024 Genesis participants, 144 to the foundation, and 143 to developers and artists.
  • Secondary trading reached roughly 952,000 HYPE in the first day, or about $45 million, with the floor around 1,458–1,463 HYPE.
  • Hypurr #21 recorded the top sale at 9,999 HYPE, valued near $467,000 based on reported market rates.
  • HYPE traded near $47, up about 4–5% on the day, with $50 flagged as resistance and $44 as support in technical views.
  • Official terms state no utility is guaranteed for the NFTs, while a security researcher reported eight Hypurrs were stolen in an incident estimated at roughly $400,000.