Hyperliquid Has Bought Back $1.26 Billion of Its Own Token. Ethereum Burns Its Fees Instead. Which One Holds Its Price Better?
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The post Hyperliquid Has Bought Back $1.26 Billion of Its Own Token. Ethereum Burns Its Fees Instead. Which One Holds Its Price Better? appeared first on 24/7 Wall St..Hyperliquid (CRYPTO:HYPE) uses fees collected from trades on its exchange to buy back its own token, spending over $1.26 billion on buybacks to date. In contrast, Ethereum (CRYPTO:ETH) follows a different approach by permanently removing a portion of every transaction fee from circulation through a burn process.
As of October 10,
As of October 10,
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