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. The platform's owner quoted the post with the laconic word "Interesting." In his debut post, Stanley Druckenmiller, who managed billion-dollar funds in the traditional market, announced that he had become an investor in the fintech startup trade[xyz].

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