Altcoin Hits All-Time High: Why It Surged and Analyst Predictions
Key Highlights Hyperliquid Strategies accumulated 4.28 million HYPE tokens worth approximately $385 million over three weeks, representing 1.4% of circulating supply and outpacing Assistance Fund purchases by 7.5 times. Despite aggressive institutional buying, HYPE price initially declined from $89 to $76, with analyst Shaunda Devens attributing weakness to insufficient marginal demand beyond PURR-driven flows and ...