When will $purr shine again?
Let's start from the beginning, from the time when Hyperliquid was not what it is now. People farmed points and thought it was going to be strong, but still a regular perp dex.
That's when the Hyperliquid team first launched their token - $purr. First spot token, first airdrop, first meme. Yes, it was the team that created $hype and essentially changed and is changing the rules in the market right now.
So the team has another token besides $hype? Exactly, it's shown almost everywhere and many projects have a similar name. That's the cat u see every day when use Hyperliquid - $purr.
But it's just a meme, so what's the point of the team already creating it? Those asking this question must have forgotten where they are. It's a crypto bro's, and as #useless shows, a token doesn't need something to grow, just a story. Take a look at the top memes of each platform and their Mcap.
$wif - $1B Mcap
$pengu - $2B Mcap
$bonk - $2B Mcap
$pepe - $5B Mcap
$purr - $130M Mcap ????
And by the way, about the uselessness of Purr, this question is also highly questionable, but more on that later.
Utility?
Yeah, Purr does not have direct utility, but compared to the huge growth of the main $hype token, it is not necessary. There is one thing. In the past, if u haven't missed it, Assistance fund once announced that it would help eco tokens and the first one it acquired was purr. Now imagine what will happen if Fund starts doing this on a regular basis, what will happen if Jeff turns his eyes to his beloved kitty. Imagine that? I do, too. That's why I decided to post this and buy huge amount of Purr.
So, let's take a look
Pros
- $PURR is the first HIP‑1 native token launched on the Hyperliquid L1 blockchain
- mascot of Hyperliquid
- possible support of Assistence fund
- Total max supply is 1 billion PURR, with about 596 M tokens currently circulating; it's deflationary, as trading fees are burned
- first team token
- cute kitty
- meme
- a growing ecosystem, phantom which attracts many new users
Risks
- No direct utility
- Market volatility
- meme
After weighing all this, I decided that Risk/Reward is very tasty, thus I believe that when the time comes, it will be the second strongest token after hype and will be able to create new millionaires. Just believe.
Hyperliquid
Will Zelenskyy wear a suit before July?
so lets start
UMA serves as the official dispute resolution mechanism for Polymarket. It’s based on UMA's Optimistic Oracle: when a Polymarket market is ready for resolution, anyone can propose an outcome by staking a bond (typically USDC). If there's no challenge within a 2‑hour window, the proposal is automatically accepted. But if someone disputes it, UMA token holders vote to decide the outcome, and stakers in the losing camp lose their bond.
here’s been controversy around UMA’s governance in practice. example:
“UMA is a centralized oracle … two UMA whale token holders independently control the outcomes … can trade and profit …”
Whether Ukraine agreed to a Trump mineral deal before April — was contested. Despite Polymarket’s “clarification” favoring one outcome, two large UMA token holders allegedly overrode it and resolved it in the opposite direction, leaving $7M in trading volume settled contrary to reality
Now about suit
Will Zelenskyy wear a suit before July?
One of the conditions was that the source of the resolution would be a consensus of credible reports. This has been verified by 30+ news from yahoo to kyiv post. Designer confirmed it, derek confirmed it, even Zelenskyy confirmed suit.
Btw we have situation where uma whales will resolve this bet as NO. Lets see how its end. The world is watching.
@elonmusk@Polymarket@UMAprotocol
https://t.co/SYwqfcDBqV
hey, it's me again! the wait is over!
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follow us + tell me in the replies:
which blockchains should we run this on?
let’s run this comp together!
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A little bird just brought me some alpha...
The @worldofpumkins devs are back in the kitchen, cooking something spicy with secret ingredients for $WEWE, $PUMP and $WOP holders! 😎
Can't wait to see what's on the menu! 🦜
PumpKins 🎃, we continue to cook something special! We continue to build strong $WEWE World. It will be very fun, interesting. All holders $WEWE, $PUMP and #WOP NFT will like it 🔥
P.S.: we have already told about what will happen to our friends.Alpha leaks are possible in X 🤫
Silence speaks louder than words! @jpthor now holds all the keys to the WEWE/PUMP liquidity pool—he's officially the PumpKings boss now! 😁🎃
https://t.co/tMqTKFISmU
@jpthor We will support any decision you make! Don't look at the fact that you pretend not to see us and our appeals.
Your PumpKins🎃
https://t.co/1i4xbWe2eL
This is such a chad move haha. Trusting master sensei @JPThor with the LP pool.
Also, super cool to have $PUMP LP’ed to $WEWE!
When @weweswap delivers, all boats float, and infinite arbitrage opportunities will arise.