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CoinStats - HYPE Price Surge: Why Hyperliquid Is Rising A...

Summary by coinstats.app
Why Is HYPE Defying the Crypto Market Downtrend?Hyperliquid (HYPE) is trading around $33.10 despite a bearish market trend. As seen in the chart, HYPE has recently recovered from a low of ~$30 and is showing relative strength compared to the broader crypto sell-off. This divergence is largely driven by:Layer-2 Hype: Hyperliquid is part of the next-generation L2 trend, focusing on high-frequency trading and seamless UX, which has attracted whales…
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Bitcoinsensus broke the news in on Thursday, May 29, 2025.
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