On Aug. 24, Hyperliquid ecosystem tokens rose together after Donald Trump was mentioned and crypto policy tailwinds lifted HYPE to new highs. GMGN data showed PURR up more than 57% in 24 hours, KNTQ up 19%, while Hyper EVM meme tokens EGG and JOFF posted even larger moves. BlockBeats warned that these tokens are highly volatile and users should invest with caution.
Hyperliquid ecosystem tokens moved higher on Aug. 24 after Donald Trump was mentioned and crypto policy tailwinds pushed HYPE to fresh highs.
GMGN data showed PURR, a Hyperliquid ecosystem meme coin, at a market cap of $87.93 million, up more than 57% over the past 24 hours. KNTQ, the token of the Hyperliquid restaking protocol Kinetiq, was valued at $55.05 million and gained 19% in the same period.
Trading interest on Hyper EVM also picked up. EGG briefly climbed to a $9 million market cap yesterday before pulling back to $4.93 million, while still posting a 187% gain over 24 hours. Chomolon Joff (JOFF) was valued at $11.41 million and rose 233.4% in 24 hours.
BlockBeats reminded users that the tokens can swing sharply and that investment should be made with caution.
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