#Fund giant buys HYPE coin.#

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Overview

Recently, HYPE coin has gained market attention due to its association with the Trump family meme coins. Hyperliquid Assistant Fund yesterday set a record for the highest daily purchase volume, accumulating over 200,000 HYPE coins 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 coins, higher trading records are expected in the coming days.

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Analysis

Recently, the HYPE token has sparked market discussion due to a massive fund purchase. According to Planet Daily, the Hyperliquid Assistant Fund yesterday set a new record for daily purchases, accumulating over 200,000 HYPE tokens at an average price of $21.22, totaling approximately $4.2 million. This news has also pushed the HYPE token's 24-hour trading volume to around $20 billion, primarily driven by the fact that HYPE is one of the first tokens listed on the TRUMP and MELANIA exchanges. Additionally, the hype surrounding the Trump family meme coins is expected to drive HYPE's trading volume further in the coming days. Notably, the @HyperliquidX team discovered a MELANIA criminal within two hours of listing, with an average ATH trading volume exceeding $17 billion. Despite this, the future trajectory of HYPE remains uncertain, and investors should invest cautiously.

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The trading volume of HYPE coin is very high because it is one of the first exchanges to list TRUMP and MELANIA.

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Hyperliquid Assistant Fund is buying HYPE coin heavily, setting a new record for daily purchase volume.

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Due to the hype surrounding the Trump family meme coin, the trading volume of HYPE coin is expected to be higher in the coming days.

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HYPE coin carries potential risks, as there have been reports of users exploiting the coin for fraudulent activities.

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