Trump name-drops Hyperliquid, and history suggests HYPE holders should be careful

HYPE jumped 21.3% after a White House mention, but past Trump crypto endorsements were followed by an average decline of about 60% President Donald Trump mentioned Hyperliquid at the White House, and its token did what tokens tend to do after a presidential shoutout. It went up fast. The catch is that Trump-linked crypto rallies have a track record. That record is less victory lap and more round trip. On August 19, 2026, Trump spoke at a White House meeting with crypto and finance executives. He referenced Hyperliquid by name and pointed to work by Commodity Futures Trading Commission Chairman Michael Selig. Selig’s effort, as Trump described it, centers on bringing the platform to the US in a compliant way.

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