Hyperliquid (HYPE) Rockets 20% as Druckenmiller Invests and Elon Musk Reacts

The native token of the DeFi ecosystem Hyperliquid (HYPE) demonstrated a rapid surge, recording a daily gain of 20%. In Thursday trading, the asset's price settled at $95.49, stopping one step away from its all-time high. The large-scale rally was unexpectedly triggered by Elon Musk , namely his reaction to a tweet by Druckenmiller, which, no less unexpectedly, became the Wall Street legend's first-ever post on the former Twitter, now X, which Musk owns.