HYPE Price Slides as Whale Selling Grows, But Grayscale Sees Long-Term Value

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The post HYPE Price Slides as Whale Selling Grows, But Grayscale Sees Long-Term Value appeared first on Coinpedia Fintech News

The HYPE price has been under pressure since peaking at $76.80 in June, extending its decline and aiming toward the 200-day EMA at $50.23. With the token already testing investor confidence, another break below the $54.37 support could accelerate the short-term correction.  Yet, beneath the selling pressure, the fundamental narrative isn’t quite as one-sided as …