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Alex_Trade✔️
$HYPE is facing a very interesting test.
Hyperliquid has reportedly spent ~99% of protocol revenue on HYPE buybacks.
That’s a powerful demand mechanism.
But buybacks don’t make a token immune to a risk-off market.
If $HYPE holds $80 while BTC stays under pressure, that’s strength.
If $80 breaks, the buyback story isn’t enough by itself.
Price still decides.
#HYPE #Crypto #Trading
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