Machi Big Brother Promotes Solana Meme Coin S3 Amid Hyperliquid Season 3 Airdrop Wait

The Hyperliquid Season 3 airdrop is generating anticipation, with Machi Big Brother promoting a Solana meme coin called Season 3 (S3) that rewards holders with HYPE. Jeffrey Huang, the entrepreneur behind the account, saw S3 spike early Tuesday before losing about 75% of its gains. Huang suggested S3 as a way to bypass the wait for the airdrop and referenced trader Ansem's phrase "let's dance". He distanced himself from the project, highlighting his previous losses of approximately 75000000 dollars on Hyperliquid in March and a recent withdrawal of a 1000000 dollar offer on Friend.tech. Hyperliquid's airdrop phases, labeled Season 1 and Season 2 by farmers, lacked clear rules, and the protocol has not confirmed that points determine payouts. The initial event released 310 million HYPE, which is 31% of the total supply, with no subsequent campaigns or payouts. The treasury holds another 388.88 million HYPE for future use. Currently, HYPE trades around 84 dollars after nearing record highs last weekend, with Season 3 buyers speculating on an undefined distribution schedule. The payout mechanism allows token creators to claim trading fees once liquidity reaches main pools, with fees on the HYPE-quoted launchpad pool distributed in HYPE. S3 mirrors the successful template of Anonymous Cat, which launched on August 30 and has a market cap of 95000000 dollars. However, liquidity remains low, with the HYPE pool accounting for about 75% of S3 trading at approximately 3600000 dollars over 24 hours and only 175000 dollars in depth.

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