Since the TGE, public chains like Starknet have experienced a significant decline, while Hyperliquid has risen by 1100%
According to statistics from Messari researcher MONK, since the Token Generation Event (TGE), the token prices of multiple public chain projects have shown significant differentiation: Starknet has fallen by 87%, Mode by 70%, Blast by 85%, zksync by 47%, Scroll by 50%, Dymension by 87% and Berachain by 59%. In contrast, Hyperliquid has risen against the trend with an increase of 1100%. Furthermore, between January and April this year, it is estimated that $17 billion worth of tokens will be unlocked in the market. The recent amount cleared for long positions is close to $10 billion.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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