#Hyperliquid Fund buys 200,000 HYPE tokens.#

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Overview

Hyperliquid Assistant Fund recently bought over 200,000 HYPE, setting a new daily record with an average price of $21.22, for a total value of approximately $4.2 million. This has boosted HYPE's 24-hour trading volume to about $20 billion, as Hyperliquid 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

Hyperliquid Assistant Fund recently bought over 200,000 HYPE, setting a new record for single-day purchases. This transaction occurred within 2 hours of HYPE's listing, at an average price of $21.22, for a total value of approximately $4.2 million. This caused HYPE's 24-hour trading volume to surge to around $20 billion, as it was one of the first exchanges to list TRUMP and MELANIA. This event has sparked market interest in HYPE, with even higher trading records anticipated in the coming days. The Hyperliquid team quickly identified a suspected MELANIA perpetrator following the incident and took appropriate action. The market consensus is that the hype surrounding Trump family meme coins will continue to drive HYPE's price upwards.

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Discussion Word Cloud

Classic Views

Hyperliquid Assistant Fund's investment in HYPE coin signals a bullish sentiment towards the coin and could potentially drive its price upwards.

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HYPE coin's 24-hour trading volume surged to around $20 billion, indicating strong market interest in the coin.

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HYPE coin is one of the first exchanges to list TRUMP and MELANIA, which could attract more investors.

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The hype surrounding HYPE coin is likely to continue, potentially leading to even higher trading volumes in the coming days.

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