### Fund Giants Buy Into HYPE#

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Hot Topic Details

Hot Topic Overview

Overview

Recently, the HYPE token has attracted attention due to its association with the Trump family meme coin. Hyperliquid Assistant Fund yesterday set a record for single-day purchases, accumulating over 200,000 HYPE at an average price of $21.22, totaling approximately $4.2 million. This propelled HYPE's 24-hour trading volume to approximately $20 billion, as it is one of the first exchanges to list TRUMP and MELANIA. With the hype surrounding the Trump family meme coin, higher trading records are expected in the coming days.

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Analysis

Recently, the HYPE token has garnered market attention due to its association with the Trump family meme coins. The Hyperliquid Assistant Fund yesterday set a new single-day purchase record, accumulating over 200,000 HYPE tokens at an average price of $21.22, totaling approximately $4.2 million. This propelled HYPE's 24-hour trading volume to approximately $20 billion, as it was one of the first exchanges to list TRUMP and MELANIA. With the hype surrounding Trump family meme coins continuing to escalate, the market anticipates HYPE's trading volume to continue climbing in the coming days. Notably, the HyperliquidX team discovered a MELANIA perpetrator within two hours of HYPE's listing, who had an average ATH trading volume exceeding $17 billion. This incident triggered bearish sentiment towards HYPE in the market, but the long-term impact on HYPE remains unclear.

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Public Sentiment

67%
33%

Discussion Word Cloud

Classic Views

HYPE trading volume surged, potentially due to heavy buying from the Hyperliquid Assistant Fund.

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The buying activity of the Hyperliquid Assistant Fund may have pushed the price of HYPE higher.

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HYPE attracted significant attention as one of the first exchanges to list TRUMP and MELANIA.

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Hype surrounding the Trump family meme coins may lead to continued trading volume for HYPE in the coming days.

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