HYPE pumped +23% in the last 24 hours, adding $2 BILLION to its market cap. Why it's pumping: - Coinbase just became the official USDC deployer on Hyperliquid - The $5 billion in USDC on Hyperliquid earns 3.5-4% yield. That's around $200M a year. - That increases Hyperliquid's annual revenue by 25% - 99% of revenue is used to buy back $HYPE Fundamental altcoins are crushing it.
From X

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