HayCoin has recently taken the cryptocurrency world by storm, capturing the interest of many crypto enthusiasts. Interestingly, the creator of this token had a distinct purpose in mind when launching it, one that differs from the speculative allure it has since garnered.

In a recent tweet, Hayden Adams, the visionary behind the renowned decentralized exchange Uniswap, opened up about his association with HayCoin. He primarily focused on the coin's beginnings and made a surprising announcement—he has decided to divest his entire HayCoin portfolio, which amounts to an astonishing 99.99% of his holdings.

The Uniswap CEO has executed a significant burn of 99.99% of HayCoin's supply, which was purportedly valued at approximately '$650 billion,' as reported by Coin Edition.