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Hyperliquid HYPE Token Skyrockets to $98 Due to Trading Bot Glitch

Hyperliquid's HYPE token experienced a dramatic price surge, reaching $98 following a technical glitch in automated trading systems. The trading bot malfunction caused significant market volatility, highlighting the impact of algorithmic errors on cryptocurrency prices. This incident demonstrates how automated systems can unexpectedly influence token valuations in decentralized finance markets.
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