by Coinstrooper Crypto Articles
Quick Take
  • Everyone is waiting for the Hyperliquid Season 3 airdrop, Machi Big Brother posted on Monday.
  • His fix is a Solana meme coin called Season 3 (S3), and he says it pays HYPE to holders.
  • Jeffrey Huang is the Taiwanese-American entrepreneur behind the account.
  • His pick spiked early Tuesday, then gave back about three-quarters of the move within hours.

What Happened

The Hyperliquid Season 3 Airdrop Nobody Announced

The payout pitch does have a mechanism. Raydium lets token creators claim a cut of trading fees once liquidity reaches its main pools. Fees on the HYPE-quoted launchpad pool, therefore, arrive in HYPE.

Market Context

S3 copies a template that is already running. Anonymous Cat, a Solana coin quoted in Zcash, opened on August 30 and now carries a $95 million market cap. Zcash, meanwhile, crossed $1,000 last week. Ansem promoted that one.

Liquidity stays thin. The HYPE pool carries about three-quarters of all S3 trading, near $3.6 million over 24 hours. It holds just $175,000 of depth. Total liquidity across every pool sits near $500,000.

Pools disagree on the price by more than 60%. Buyers are paying up for a claim that no named developer has confirmed.

Why It Matters

Everyone is waiting for the Hyperliquid Season 3 airdrop, Machi Big Brother posted on Monday. His fix is a Solana meme coin called Season 3 (S3), and he says it pays HYPE to holders.

Jeffrey Huang is the Taiwanese-American entrepreneur behind the account. His pick spiked early Tuesday, then gave back about three-quarters of the move within hours.

Details

Machi Big Brother Says He Is Not the Dev

Huang framed the coin as a way to skip the wait. He also borrowed a phrase, “let’s dance,” from trader Ansem, who had used it days earlier for a different coin. Then he stepped back from the project itself.

That disclaimer matters given his record. In March, he absorbed roughly $75 million in liquidations on Hyperliquid. Days ago, he pulled his $1M Friend.tech offer.

Hyperliquid ran two-point phases, both before its Genesis Event. Farmers label them Season 1 and Season 2. The protocol never used the word season.

Nobody learned the exact rules either. Hyperliquid said only that its criteria changed on a recurring basis, and it never confirmed that points set the payouts.

That event released 310 million HYPE, or 31% of supply. No campaign and no payout have followed it.

Hope rests on the treasury. Another 388.88 million HYPE stays unminted for future emissions and community rewards.

HYPE itself trades around $84 after approaching record highs last weekend. Season 3 buyers are pricing a distribution that has no schedule.

Neither coin runs on the chain it borrows from. S3 sits on Solana, not HyperEVM.

The post Hyperliquid Season 3 Airdrop Wait Fuels a Meme Coin Machi Big Brother Promotes appeared first on BeInCrypto.