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2026-05-20 21:52:02

7% daily increase is just the appetizer, check the weekly chart

View Original

CoinNetwork2026-05-20 21:45:37

Bloomberg Analyst: Hype Price Rises Due to Surge in ETF Trading Volume

Bloomberg analysis states that the Hype token rose 7% today and 32% over the past week, with THYP being actively traded since its launch, with trading volume from May 12 to 19 increasing from about $1.8 million to over $14 million. The net inflow in the first six days exceeded that of Bitcoin spot ETFs, indicating that ETF demand is driving direct buying. The HyperLiquid platform's weekly on-chain fees are approximately $11 million.

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