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Token buybacks keep growing, but the price floor keeps failing

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Hyperliquid has burned $1.3 billion of HYPE since November 2024, and Bitwise CIO Matt Hougan says the market has not priced in what revenue now returns to tokens.

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Token buybacks keep growing, but the price floor keeps failing

Cryptopolitan News 2h ago

Token buybacks keep growing, but the price floor keeps failing

Hyperliquid has burned $1.3 billion of HYPE since November 2024, and Bitwise CIO Matt Hougan says the market has not priced in what revenue now returns to tokens.