ME News reports that on August 5 (UTC+8), according to Hyperliquid News monitoring, TradeXYZ used its HIP-3 revenue to purchase HYPE for the first time, then utilized those HYPE tokens to acquire a new ticker. TradeXYZ bought 2,000 HYPE tokens, valued at approximately $108,000, using HIP-3 revenue. Previously, fee revenue generated by Unit was converted into HYPE to purchase Unit’s spot ticker and TradeXYZ’s HIP-3 ticker. (Source: Foresight News)
TradeXYZ Uses HIP-3 Revenue to Purchase 2,000 HYPE Tokens Worth $108,000
KuCoinFlashShare
Summary
On-chain records show that TradeXYZ used HIP-3 revenue to purchase 2,000 HYPE tokens, worth $108,000, on August 5 (UTC+8). The tokens were utilized to secure a new ticker code. Previously, Unit’s fee income was converted into HYPE to acquire Unit’s spot code and TradeXYZ’s HIP-3 code. This action aligns with ongoing new token listings and on-chain activity.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.