Jakarta, Pintu News – Hyperlane’s airdrop is fast approaching, after the team officially announced the implementation date, tokenomics, and other important information regarding the HYPER token launch event.
With millions of tokens at stake, investors are starting to look at this permissionless interoperability protocol, especially for its token launch events and airdrops, more so amidst the ongoing downtrend of the crypto market.
The Hyperlane airdrop is one of the biggest crypto airdrops in April and is scheduled for a token launch on April 22, or about two weeks from now.
Read also: Shardeum Crypto Airdrop: How Much Will SHM Tokens Cost at Launch?
The Hyperlane team has allocated 57% of its total token supply (1 billion tokens) to the user community, 25% to the core team with a 12-month lock-in period, 10.9% to investors also with a 12-month lock-in period, 7.1% to the foundation treasury, and other allocations.
This distribution of HYPER tokens is expected to have a significant impact on the token price. Interestingly, out of the community allocation, 7.5% of HYPER’s total supply is earmarked for an airdrop, for which registration is now open.
Interested investors can join the airdrop from April 3 to April 14, 2025 (at 03:59 UTC), and the claim period will take place between April 20 and May 6, 2025 (at 03:59 UTC).
According to HYPER’s official airdrop announcement, users who fall into the top 37% based on fee spending and are the most active users on the platform are eligible to receive HYPER tokens.
In addition, developers who have implemented contracts and apps that cost at least $5 nominally through the app are also eligible.
While the HYPER airdrop is available globally, there are restrictions for some regions such as Cuba, Iraq, Russia, North Korea, and a number of other countries. However, this airdrop is still available for the Americas.
The HYPER token price is not yet known as Hyperlane’s token launch event (TGE) and airdrop are still a few days away.
Based on previous token launches and tokenomics details, the crypto community expects the initial price of the token to be in the range of $0.50 to $2, taking into account the diluted full valuation and circulating supply.
However, these are only initial predictions and may change depending on various factors such as:
Currently, the public’s attention is focused on the TGE and the airdrop that will distribute millions of HYPER tokens.
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