HYPE Holds Near $93 After Binance Listing and Token Burn
- —HYPE at $93.15, up 1.27% in 24 hours and 4.89% below its ATH of $97.93
- —Binance opened spot trading for HYPE on September 24 across three pairs
- —Hyperliquid burned 34,280 HYPE worth $3.26 million at an average price of $95.25
- —RSI at 62.1 with price above the SMA-7, SMA-30 and SMA-200
Why it matters: The Binance listing and deflationary buybacks bolster demand for HYPE, but proximity to the all-time high raises correction risk.
Source: DiarioBitcoin