Hyperliquid (HYPE) and Jupiter (JUP) prices surge today: Why are these tokens outperforming?
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According to CoinWorld, Hyperliquid (HYPE) and Jupiter (JUP) have risen nearly 7% against the trend, forming a sharp contrast to the overall market weakness. HYPE's increase is attributed to a 90% reduction in its token unlocks in February to about 140,000 tokens, alleviating supply concerns and pushing trading volume past $50 million. JUP's strength stems from a 200 million token airdrop plan, which has boosted ecosystem participation metrics by 15% to 20% over the past week. Both tokens have attracted significant capital inflows due to improved supply dynamics and increased fundamental activity.
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