Hyperliquid Will Stay Above $40 Despite August Weakness

Hyperliquid will not dip to $40 in August, leaving HYPE above that threshold even amid near-term weakness. Blockchain.news showed HYPE at $52.03 on August 3 and Meyka reported the token was trading $1.75 above the lower Bollinger Band at $50.69 on August 2, which gives a short-term cushion. Coincod…