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HYPE token surges past $60 on Wall Street demand
The Block·
The HYPE token has achieved a new record high, surpassing $60 as demand from Wall Street investors intensifies. This surge is partly attributed to significant accumulation by Grayscale-linked wallets, which reportedly acquired over $40 million worth of HYPE in the last week alone. The growing institutional interest suggests increasing confidence in the Hyperliquid ecosystem and its native token, potentially signaling broader adoption and a positive outlook for the platform.
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crypto
fintech
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