The recent wave of hyperliquid buybacks has created a strong bullish setup for investors, as the cryptocurrency HYPE aims to reach a price target of $54. This surge in buybacks not only indicates increased confidence among traders but also suggests a growing demand for HYPE, positioning it for potential growth in the market. With positive sentiment surrounding this token, many analysts believe that the combination of strategic buybacks and keen market interest could lead to significant price appreciation in the near future.
source: https://blocknews.com/hyperliquid-buybacks-fuel-bullish-setup-as-hype-eyes-54/