RAIN token surged 20.63% in the last 24 hours, reaching a peak of $0.019503 before pulling back amid profit-taking. The rally was fueled by a DAO-approved burn that destroyed 7.42 billion RAIN tokens worth $108 million, reducing circulating supply by 1.035%. The token also debuted on Hyperliquid, providing a new decentralized trading avenue that could support recurring buyback and burn mechanisms under the Rain Protocol. Support now sits at $0.0165–$0.017, with immediate resistance near $0.0195.
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