PURR
$0.07

Purr (PURR) Price

$0.07
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Purr (PURR) Price Today

The live price of PURR is 0.07 USD. In the past 24 hours, the trading volume of PURR was 610,415.21 USD, down by -4.07%. The current price has decreased by -12.51% from its 7-day high of 0.08 USD, and increased by 3.24% from its 7-day low of 0.07 USD. With a circulating supply of 595,565,067.79 Purr, the market cap of PURR is currently 87,267,720.00 USD, down by 0% in the last 24 hours. PURR currently ranks #460 by market capitalization among cryptocurrencies.

Purr (PURR) Market Data

Market Cap
$47.2M
24h Volume
$610.4K
Circulating Supply
595.5M PURR
Maximum Supply
1B PURR
Fully Diluted Market Cap
$47.2M
Liquidity Indicator
1.29%

About Purr (PURR)

How can I buy Purr (PURR)?

You can buy Purr (PURR) on supported CEXs, DEXs, or crypto wallets, although it is not yet listed on BingX. See our How to Buy Purr guide for details. Sign up with BingX to trade PURR first when it goes live.

What Is Purr (PURR) and How Does It Work?


Purr (PURR) is a community-driven memecoin that launched within the ecosystem of the Hyperliquid network. It is widely known as the first spot token introduced on Hyperliquid, making it a symbolic asset tied closely to the platform’s growing DeFi ecosystem. The project combines meme-coin culture with experimental token distribution mechanics designed to reward early community members and active network participants.

PURR operates with a fixed supply of 1 billion tokens and uses a deflationary design where a portion of tokens are permanently burned over time. At launch, roughly half of the supply was distributed to eligible users through a community airdrop linked to participation in the Hyperliquid ecosystem. Websites such as purrburn.fun track the ongoing burn activity and provide transparency around how the circulating supply evolves.

In practice, PURR functions primarily as a community and ecosystem token. It can be traded on supported exchanges and within the Hyperliquid environment, where its value is driven by market demand, trading activity, and the continued growth of the Hyperliquid network. As the ecosystem expands with new applications and spot tokens, PURR may also play a role in community incentives and broader ecosystem participation.

When Did Purr Meme Coin Launch?


Purr (PURR) was launched in mid-March 2024 by the team behind Hyperliquid Labs, a group of developers and quantitative trading experts building the Hyperliquid Layer-1 ecosystem. The token debuted as the first native spot asset on the Hyperliquid blockchain, introduced as a community-driven experiment rather than a traditional crypto project with a presale or initial token offering. Instead of raising capital, PURR was distributed mainly to early ecosystem participants and designed as a market-driven meme coin with a deflationary supply model where some tokens are permanently burned over time.

PURR Development Roadmap


- March 2024 – Token Launch: PURR introduced as the first token on Hyperliquid’s Layer-1 network.

- Community Distribution: Around 500 million PURR tokens distributed to Hyperliquid points holders and early participants.

- Supply Reduction: Hundreds of millions of tokens burned to establish a deflationary supply model.

- HIP-1 Token Standard: PURR used as the first implementation of Hyperliquid’s HIP-1 native token standard for issuing assets on the network.

- Spot Trading Expansion: Integration with Hyperliquid’s spot markets and liquidity infrastructure to enable decentralized trading.

What Is the PURR Token Used for?


Purr (PURR) primarily functions as a community and ecosystem token within the Hyperliquid network. It was launched as the first native spot token on the Hyperliquid blockchain and represents a social and experimental asset tied to the growth of the ecosystem. The token helps drive community engagement while showcasing how assets can be issued and traded on Hyperliquid’s infrastructure.

PURR also plays a role in ecosystem incentives and community participation. Early users received the token through an airdrop tied to Hyperliquid activity, and the project uses a deflationary burn mechanism that gradually reduces supply over time. This design aims to align the token’s value with the expansion of the Hyperliquid ecosystem and increased market demand.

You can also trade PURR tokens easily on the BingX spot market. Simply create a BingX account, deposit USDT, and place a market or limit order on the PURR/USDT trading pair to buy or sell the token instantly with deep liquidity and advanced trading tools.

What Is Purr Tokenomics?


The Purr (PURR) tokenomics model is designed to support a community-driven and deflationary cryptocurrency within the Hyperliquid ecosystem. The token has a maximum supply of 1 billion PURR, with a significant portion distributed to early users of the Hyperliquid platform through a community airdrop. Unlike many crypto projects, PURR launched without a presale or venture capital allocation, emphasizing fair distribution and organic community participation.

Another key feature of PURR’s tokenomics is its deflationary burn mechanism. Hundreds of millions of tokens have already been permanently burned, reducing the circulating supply over time and potentially supporting scarcity as demand increases. Platforms such as purrburn.fun track these burn events and provide transparency around the token’s evolving supply metrics.

 

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Frequently Asked Questions about PURR (Purr)

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