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#ShareWeekly — Token of the Week: $HYPE
$HYPE is moving again.
The token is up 2.52% this hour, trading around $75–$80 with $20.94M volume and a $17.5B market cap.
The bigger story is Hyperliquid activity. Open interest has recovered to around $14.3B, while the fee-funded buyback has already removed about $1.32M worth of HYPE this month.
But supply matters too. Around 9.92M HYPE was unlocked on September 6.
So the interesting question is simple: can trading activity keep creating enough demand to absorb new supply?
I’m watching this one closely.
#HYPE #GateSquare