#Hyperliquid is heavily buying HYPE.#

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Hot Topic Details

Hot Topic Overview

Overview

Hyperliquid Assistant Fund recently made a significant purchase of HYPE, buying over 200,000 coins yesterday, a new record high. The average price was $21.22, totaling approximately $4.2 million. This pushed HYPE's 24-hour trading volume to around $20 billion, primarily driven by Hyperliquid being one of the first exchanges to list TRUMP and MELANIA meme coins. With the hype surrounding Trump family meme coins continuing to escalate, HYPE's trading volume is expected to continue climbing in the coming days.

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Analysis

Hyperliquid Assistant Fund recently made a massive purchase of HYPE, setting a new record for the highest single-day purchase. Yesterday, it accumulated over 200,000 HYPE tokens, at an average price of $21.22 (approximately $4.2 million), with the 24-hour trading volume surging to about $20 billion. This is primarily due to Hyperliquid being one of the first exchanges to list TRUMP and MELANIA meme coins. With the hype surrounding the Trump family meme coins, higher trading records are expected in the coming days. Notably, the Hyperliquid team discovered a MELANIA perpetrator within 2 hours of its listing, with an average ATH trading volume exceeding $17 billion. The market currently has differing opinions on the future trajectory of HYPE, with some believing its price will continue to rise, while others hold a bearish stance.

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Classic Views

Hyperliquid Assistant Fund massively bought HYPE, setting a new daily record, showing strong confidence in the meme coin.

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HYPE's trading volume surged rapidly after its listing on Hyperliquid, reaching approximately $20 billion, indicating strong market interest in the meme coin.

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Hyperliquid was one of the first exchanges to list TRUMP and MELANIA, which may have driven the increase in HYPE's trading volume.

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HYPE's price rose sharply after its listing on Hyperliquid, which may be related to the massive buy-in by the Hyperliquid Assistant Fund.

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