The post Top 2 Reasons Why Hype Token Price Crashed 20% appeared first on Coinpedia Fintech News
After a strong rally, Hyperliquid’s native token, HYPE, has dropped 20%, now trading at $26.54. The platform’s market cap also slid below $9 billion. Two major events caused this decline: a large sell-off by whale investor Laurent Zeimes and a cyberattack from North Korean state-sponsored hackers. The first blow came when Laurent Zeimes, a major …