Free digital cats turn into six-figure windfalls
The NFT market has witnessed another eye-popping moment as an early Hyperliquid adopter sold a rare airdropped Hypurr NFT for a staggering $467,000. The sale highlights both the explosive value of exclusive NFT collections and the lucrative rewards sometimes reserved for blockchain early adopters.
Airdrop Rewards Early Hyperliquid Users
The Hypurr collection, featuring cartoon-style digital cats, was officially launched on the HyperEVM on September 28. A total of 4,600 NFTs were created, with 4,313 allocated to participants of Hyperliquid’s Genesis event in November 2024, which coincided with the launch of the HYPE token. The remaining NFTs were distributed to the Hyper Foundation and project contributors.
According to the foundation, the goal of the drop was to create “a memento for those who believed in and contributed early on to Hyperliquid’s growth.” Each NFT carries unique traits reflecting the “moods, hobbies, and quirks” of the community.
Floor Prices Surge, Rare Traits Command Premium
Data from OpenSea shows the floor price for Hypurr NFTs at around 1,458 HYPE (≈$68,700). However, rarer traits are commanding astronomical premiums. One standout sale, Hypurr #21, featuring the coveted “Knight Ghost Armor” and “Knight Helm Ghost” traits, went for 9,999 HYPE, equal to $467,000 at current rates.
In just 24 hours, OpenSea recorded 952,000 HYPE in Hypurr trading volume, worth approximately $44.6 million.
Community Reactions: From Shock to Excitement
The massive windfalls from free NFTs drew mixed reactions within the crypto community. While many congratulated recipients, others pointed out the contrast with the ongoing global cost-of-living crisis.
“CT is really a special place in hell. Average person struggling to get by or buy groceries and you have people posting their $50,000 Hyperliquid cat NFTs they got for free,” wrote user MoonOverlord on X.
Another trader, DidiTrading, admitted hesitation despite receiving a valuable NFT: “I’m usually not good at valuing these things so I will give the market some time to find an equilibrium before I decide what I will do with it.”
With floor prices near $70,000 and rare sales pushing close to half a million dollars, Hypurr has quickly emerged as one of the most lucrative NFT launches of 2025. The big question now is whether this surge represents sustainable demand or a short-lived hype cycle.
For now, one thing is clear: Hypurr NFTs have turned loyal early adopters of Hyperliquid into some of the crypto market’s newest six-figure beneficiaries.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.