The Hyperliquid Foundation is moving to permanently remove roughly $1 billion worth of its HYPE tokens from supply. This bold action comes as the token's price slides to seven-month lows, struggling against a wave of doubt. The burn is a direct answer to fierce competition from newer platforms that are attracting traders with aggressive reward..The post Hyperliquid Is Burning $1Bn In HYPE Tokens: But Is It Enough? appeared first on 99Bitcoins.