It started its operations in 2023 as a new generation DEX platform. hyperliquid It reached huge volumes in a short time. This field has grown with new competitors such as Aster entering the game. However, this growth bothers some, and according to Bloomberg’s report, two institutions have already taken action.
HYPE Coin Last Minute
Yesterday coinbase Announcing its partnership with Hyperliquid, it is in the headlines again today, but today’s news is extremely negative for HYPE Coin. Allegedly NYSE and CME are putting pressure on the United States to investigate Hyperliquid for market manipulation, sanctions evasion and other criminal potential. This step taken by the New York Stock Exchange and the Chicago Mercantile Exchange HYPE Coin price causing it to suddenly drop to $44.
With its announcement, Coinbase was targeting the altcoin ATH level based on the $47 limit, but if we start to see the concrete steps of today’s news, the possible investigation to be launched into the protocol may bring greater losses. Since it has made serious gains in the short term, investors may accelerate profit sales and push the price to $35 with concerns about possible lawsuits or investigation news.
