$HYPE rose 17% this week while the market was falling.

The story: ICE, owner of the New York Stock Exchange, plans regulated perpetuals in the U.S. on Hyperliquid (approval is still pending), and they burned 4.99% of the supply. Today it’s already returning about 6 USD.

Will it last, or is it a trap?

#Hyperliquid #HYPE #Crypto