The trading volume and bullish activity surrounding Hyperliquid (HYPE) have attracted traders' attention. Synthetix founder, Kain Warwick, recently acquired 13,768.6 HYPE tokens by bridging 300,000 USDC to the project. This strategic purchase, combined with activity from the Hyperliquid Assistance Fund, has driven up HYPE's price by nearly 22% in the past 24 hours. The market cap of HYPE has increased by 21.87% to $8.76 billion, and the trading volume surged by 33.41% to $294.19 million. The circulating supply of HYPE is 333.92 million tokens out of a total cap of 1 billion. Traders are monitoring key price levels with $27.00 as the first resistance point and $25.00 as a crucial support level. The daily price chart shows indicators favoring a continued upward trend for HYPE.



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