Learn Portuguese (Portugal): Eles acabaram de anunciar um lançamento superprocurado. - They just announced a super-sought-after drop.

Under Portuguese spelling rules, the prefix super- only takes a hyphen if the adjective it attaches to starts with an 'h' or an 'r' (like super-homem or super-rápido). Since procurado starts with a 'p', they just fuse together.

Could I use the suffix '-íssimo' here instead of the prefix 'super-'?

Yes, you could say um lançamento procuradíssimo. However, using prefixes like super-, mega-, or hiper- is extremely common in everyday, conversational Portuguese. It gives a more modern, informal vibe that perfectly matches a trendy product drop.

Does procurado usually mean "sought-after", or just "searched for"?

It means both! It is the past participle of procurar (to look for / to search). While it literally means "searched for" and is famously used for "wanted" criminals, in the context of commercial goods, real estate, or trends, it translates perfectly to "in high demand" or "sought-after".

How does acabaram de anunciar translate to "just announced"?

The structure acabar de followed by an infinitive (here, anunciar) is the standard Portuguese formula to express that an action was just completed a moment ago. Even though acabar literally means "to finish", you should translate this phrase as "just did something" rather than "finished doing something".