當CZ支持的Aster超過液體時，大肆宣傳令牌在壓力下

炒作令牌面臨著Aster的挑戰，在CZ的支持下獲得了吸引力。潛在的供應減免和市場競爭是關鍵因素。

The crypto world is buzzing with shifts in the DEX landscape. Hyperliquid's HYPE token is feeling the heat as Aster, a Binance founder Changpeng Zhao (CZ)-backed competitor, rapidly gains ground.

加密世界正在嗡嗡作響，隨著DEX景觀的轉變。 Hyperliquid的大肆宣傳令牌正感覺到HATER，這是Binance創始人Changpeng Zhao（CZ）後面的競爭對手，迅速獲得了地面。

Aster's Rise and HYPE's Struggle

阿斯特的崛起和炒作的鬥爭

Aster is making waves, surpassing Hyperliquid in several key metrics. Over the past 24 hours, Aster ranked second in total fees generated, while Hyperliquid slipped to eighth place. This highlights a growing shift in trader attention.

Aster在發動波浪，超過幾個關鍵指標的超流動性。在過去的24小時內，Aster產生了總費用第二，而Hyperliquid則滑到第八名。這凸顯了交易者關注的越來越多。

As user activity drops on Hyperliquid, demand for its HYPE token has dwindled, putting pressure on its price. The token's value has dropped by nearly 30% in the past seven days, trading around $42.39 at the time of writing. Momentum indicators confirm the bearish trend.

隨著用戶活動在超液體上的下降，對其炒作令牌的需求逐漸減少，施加了壓力。在過去的七天中，令牌價值下降了近30％，在寫作時交易約42.39美元。動量指標證實了看跌趨勢。

Potential HYPE Supply Cut

潛在的炒作供應量

DBA Asset Management is proposing a significant 45% cut to HYPE's token supply by burning future emissions and rewards. The goal is to make HYPE more attractive to investors and stakers by streamlining tokenomics. Jon Charbonneau from DBA argues that pre-allocated tokens distort market perception, and this move would correct that.

DBA資產管理提議通過燒毀未來的排放和獎勵來削減炒作的代幣供應45％。目的是通過簡化代幣學來使炒作對投資者和Stakers更具吸引力。 DBA的Jon Charbonneau認為，預先分配的令牌扭曲了市場的看法，此舉將糾正這一點。

However, the proposal has sparked debate within the community. Some argue that future emissions are crucial for Hyperliquid's growth and competitive edge. Others worry about hedging against potential regulatory actions.

但是，該提案引發了社區中的辯論。有人認為，未來的排放對於超流動性的增長和競爭優勢至關重要。其他人則擔心對沖潛在的監管行動。

CZ's Web3 Education Initiative and Meme Coin Power

CZ的Web3教育計劃和模因硬幣權力

In a related note, Changpeng Zhao (CZ) is also supporting the Web3 education platform Giggle Academy, which has begun accepting cryptocurrency donations. Interestingly, the initiative raised over $1.3 million in just 12 hours, largely fueled by a single meme token. CZ himself expressed surprise at the utility of meme coins in funding real-world projects.

在相關說明中，Changpeng Zhao（CZ）也支持Web3教育平台Giggle Academy，該平台已開始接受加密貨幣捐贈。有趣的是，該計劃在短短12個小時內籌集了超過130萬美元，這在很大程度上是由一個模因令牌加油的。 CZ本人對Meme硬幣在資助現實世界項目中的實用性感到驚訝。

What's Next for HYPE?

炒作的下一步是什麼？

Technical trends indicate short-term volatility for HYPE. The proposed 45% supply cut, if approved, could reshape market perception. Meanwhile, competition from ASTER will likely force Hyperliquid to adapt its strategies and growth initiatives to maintain its market position.

技術趨勢表明炒作的短期波動率。擬議的45％供應量（如果獲得批准）可以重塑市場的看法。同時，來自Aster的競爭可能會迫使Hyprolikid適應其戰略和增長計劃以保持其市場地位。

So, is HYPE going to bounce back, or will Aster continue its reign? Only time will tell, but one thing's for sure: the crypto game is never boring. Stay tuned, folks!

因此，炒作會反彈，還是Aster會繼續統治？只有時間會說明，但是可以肯定的是：加密遊戲永遠不會無聊。請繼續關注，伙計們！