The Pixelmon team has made headlines by purchasing the $MON ticker on the Hyperliquid exchange for $500,000. This acquisition marks a significant milestone as it is the first existing web3 gaming intellectual property to pivot to the Hyperliquid platform. The purchase, which was completed in a recent auction, has been described as a bullish move for the future of web3 gaming. The transaction sets a new record for the Hyperliquid auction, with reports indicating the purchase price was approximately $497,000 to $500,000. Industry observers are optimistic about the potential for Pixelmon to engage the Hyperliquid community, with suggestions that they might consider airdropping some $MON tokens to HYPE holders to garner attention.