$HYPE
1. Hyperliquid (HYPE)
Ticker: HYPE
$87.94
+8.74% in 24 hours
Latest available market snapshot
What is it?
Hyperliquid is a blockchain ecosystem focused on decentralised trading, especially perpetual futures. HYPE is its native token.
Why it is interesting
Strong trading activity on its platform.
Protocol fees support token buybacks through its Assistance Fund.
Institutional interest has increased following news of a possible partnership involving ICE and Trade.xyz. 
Risks
Its price can move very sharply.
Token unlocks can increase selling pressure.
Its valuation depends partly on continued trading activity and regulatory developments.
Price levels to watch: Around $90 is an important level to reclaim; the previous high was approximately $97.98. 
My view: High potential, but high risk. I would not chase a sudden price jump.#FedWatch #EarningsSeason #binancepick