HayCoin is a test token created by Uniswap founder Hayden Adams. After Adams decided to destroy 99.99% of the token's supply, its value skyrocketed. According to CoinGecko, as of the time of writing, the trading price of HayCoin is $2,538,123, an increase of over 273% in the past day. Adams expressed dissatisfaction with owning almost all of the supply of HayCoin. As a result, he burned 99.99% of his token supply, causing the price of HayCoin to soar.
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Uniswap creator burns 99.99% of test coins, HayCoin price surges
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