Hyperliquid Burns $1.75M in HYPE as HYPE Price Targets $94 Rally

Hyperliquid bought and burned 21,790 HYPE tokens worth approximately $1.75 million in 24 hours, bringing cumulative burns to 49.69 million tokens, or 4.97% of the maximum supply. Meanwhile, analyst Crypto Warrior sees a potential recovery toward $94 if buying momentum strengthens and a sustained uptrend develops.

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