The HYPE coin has recently skyrocketed, reaching a historic high of 59.41 dollars! The most outrageous part is that this platform earned 3.2 million dollars just in transaction fees in a single day, more than the combined total of Ethereum and Solana.
Even crypto mogul Arthur Hayes is strongly recommending it, saying this coin has a 126-fold growth potential. Although it sounds a bit exaggerated, with his influence, it will definitely attract many followers.
Viewing on-chain data reveals: a big player spent 5.7 million dollars buying HYPE in the last 24 hours, and a well-known investor "Brother Ma Ji" also invested several million dollars. These big shots are not fools; they must have discovered some opportunity.
Hyperliquid is a decentralized contract trading platform that is indeed very convenient to use; many traders have now switched from Binance to here.
The current problem is: the price is already so high, chasing the rise carries a lot of risk; but the trend is so strong that going short might get you liquidated.
It is recommended to wait for a pullback to $52-54 before considering buying, as that position was a previous support level.
Good projects offer opportunities every time there's a callback; the key is to be patient and wait!