$HYPE has had one of the stronger market cap expansions in crypto.
From roughly $1.3B in December to nearly $19B at the peak,
$HYPE
has gone through multiple major expansions while still managing to recover from every major pullback.
It is testing a critical level after pulling back from its $76 ATH.
Market cap pushed from around $9B to $18B+
HYPE reached the $70+ range
It has since pulled back toward the $50s
Yet the market cap is still sitting around $14B+
That kind of sustained repricing shows there’s more behind the move than just a short-term pump.
The Hyperliquid Assistance Fund has acquired 8,000 HYPE
for $0.4m at $54.8 per HYPE. As of today, the AF holds 45.31M
HYPE
acquired for $1.2B at an average price of ~$25.8 per HYPE as part of
there buyback and burn strategy.
From roughly $1.3B in December to nearly $19B at the peak,
$HYPE
has gone through multiple major expansions while still managing to recover from every major pullback.
It is testing a critical level after pulling back from its $76 ATH.
Market cap pushed from around $9B to $18B+
HYPE reached the $70+ range
It has since pulled back toward the $50s
Yet the market cap is still sitting around $14B+
That kind of sustained repricing shows there’s more behind the move than just a short-term pump.
The Hyperliquid Assistance Fund has acquired 8,000 HYPE
for $0.4m at $54.8 per HYPE. As of today, the AF holds 45.31M
HYPE
acquired for $1.2B at an average price of ~$25.8 per HYPE as part of
there buyback and burn strategy.