HYPE NFT Collection Generates $45M Volume, Floor Hits $68.9K
Hyperliquid News
Hyperliquid launched its Hypurr NFT collection Sunday on HyperEVM mainnet, distributing 4,600 digital collectibles to early platform supporters. The collection quickly established a floor price of $68,900, with trading volume reaching approximately $45 million within the first 24 hours.
Trading activity exploded immediately after the midnight launch. OpenSea data shows the collection generated 952,000 HYPE tokens in volume, equivalent to roughly $45 million. The most expensive sale involved Hypurr 21, which fetched 9,999 HYPE tokens, worth nearly $470,000. This particular NFT featured rare "Knight Ghost Armor" and "Knight Helm Ghost" traits.
Market reactions varied across social media. Some users expressed disbelief at receiving digital assets worth tens of thousands of dollars at no cost, while others adopted a cautious approach. Trader DidiTrading announced plans to wait for market equilibrium before deciding whether to sell.
The sustained trading activity throughout launch day suggests strong demand from both collectors and speculators. OpenSea data confirms consistent transaction flow across various price points, indicating healthy market interest beyond the initial hype.
HYPE token traded up 4.65% in the past 24 hours, changing hands at $47.52. The NFT launch sparked broader discussions about potential NFT market revival after years of stagnation since the 2021 peak, with community members debating whether this signals renewed interest in digital collectibles.