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DBA Asset Management Proposes Bold Cut in HYPE Coin Supply
DBA Asset Management Proposes Bold Cut in HYPE Coin Supply
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BTCCSquare news:
DBA Asset Management has put forward a radical proposal to slash the supply of HYPE coin by over 45%, targeting unused coins and those in Hyperliquid's support fund. The move, championed by investment manager Jon Charbonneau, aims to burn hundreds of millions of tokens to enhance ecosystem transparency and correct pricing inefficiencies.
Market analysts suggest the supply reduction could propel HYPE to $100 by year-end, though community reactions remain divided. Supporters argue the burn WOULD align market value with utility, while critics like Tobias Reisner contend existing mechanisms suffice.
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