While Tesla shares crashed 14% and Bitcoin briefly dipped to $101,00 during Thursday’s political chaos, HYPE showed resilience. The token held its key support around $32 and is now trading above $34, making it one of the best crypto to buy right now for investors looking for strength in a volatile market.
The highly anticipated Coinbase Features listing didn’t move the price much, likely because the unfolding Elon-Trump drama overshadowed all headlines.
The market turbulence was born out of an explosive political drama. After harshly criticizing a new spending bill, Elon Musk escalated tensions by publicly tying President Donald Trump to the Epstein files. In response, Trump lashed out, calling Musk “CRAZY” and threatening to strip his companies, Tesla and SpaceX, of billions in government subsidies.
Time to drop the really big bomb:@realDonaldTrump is in the Epstein files. That is the real reason they have not been made public.
Have a nice day, DJT!
— Elon Musk (@elonmusk) June 5, 2025
“The easiest way to save money in our Budget, Billions and Billions of Dollars, is to terminate Elon’s Governmental Subsidies and Contracts,” Trump posted on Truth Social. “I was always surprised that Biden didn’t do it!”
Musk fired back immediately on X with, “Go ahead, make my day,” and later declared that SpaceX would begin decommissioning its Dragon spacecraft, a threat he later walked back.
The drama sent Tesla’s market cap tumbling by $150 billion in a single day. But in crypto, HYPE held firm while everything else dropped.
Hyperliquid’s Second Airdrop Sparks Excitement in June 2025
Hyperliquid reportedly launched its second airdrop in June 2025, following a massive $1.6 billion HYPE token distribution in November 2024. The second drop is potentially allocating 38% or more of the token supply to the community.
The airdrop rewards on-chain activities like staking and trading, building on Hyperliquid’s community-driven approach. And maybe it’s also one of the reasons why HYPE is holding so well despite the rest of the market tumbling.
infinite $hype accumulation continues pic.twitter.com/tp4GQsPAmm
— Enguin 🐧 (locked/in) (@penguin_curator) June 5, 2025
HYPE is retesting its trading range’s lower boundary and mid-channel support, following a steady pullback from its recent swing high. If buyers defend the $32-$34 zone, the price may attempt another move toward the 39.5–40.0 target area, which aligns with previous resistance. The bullish structure remains valid if the price exceeds the green support zone.
DISCOVER: 15 Best Crypto to Buy Now in June 2025
Bitcoin Hyper Presale Gains Momentum as HYPE Defies Market Chaos – Is This the Best Crypto to Buy Right Now?
While much of the market was rattled by political drama and a $150 billion crash in Tesla stock, crypto investors were unfazed regarding one altcoin: Hypeliquid (HYPE). Despite Bitcoin briefly dipping to $100K, HYPE bounced cleanly from its $32 support and is now trading above $34.
That resilience is helping investors in early-stage utility projects, especially those pushing crypto into its next frontier. In this scene, Bitcoin Hyper (HYPER) represents a game-changing Layer 2 for Bitcoin.
Still in presale and priced at just $0.011775, Bitcoin Hyper has raised over $540,000, signaling strong early demand. But this isn’t just another sidechain or L2 rebrand. Hyper integrates the Solana Virtual Machine (SVM), enabling sub-second transactions and near-zero fees, all on top of Bitcoin.
Slow speeds and high costs have kept BTC locked in a store-of-value role for years. Bitcoin Hyper aims to break that mold by unlocking cross-chain DeFi, dApps, and even meme coins directly on Bitcoin.
Like HYPE, which recently made waves with its Coinbase listing and volatility-resilient price action, HYPER rides a similar wave: high performance, community-driven, and ready for the next bull cycle. Bitcoin Hyper scales and upgrades Bitcoin.
Through its SVM-powered tech stack, full Ethereum-Solana compatibility, and fast bridge mechanics, it positions itself as the new execution layer for Bitcoin-native apps.
The momentum behind both HYPE and HYPER signals a shift away from speculative hype alone toward real, scalable crypto infrastructure. As analysts call HYPER one of the best crypto presales in June, its mix of tech, timing, and tokenomics could make it the best crypto to buy right now.
DISCOVER: The 12+ Hottest Crypto Presales to Buy Right Now
Key Takeaways
- Hyperliquid crypto, HYPE, holds strong above $34 despite market drama caused by Elon Musk and Donald Trump. This resilience makes it a standout in the hunt for the best crypto to buy now.
- Hyperliquid’s second airdrop fuels HYPE demand, rewarding active users and reinforcing its resilience in volatile conditions.
- As the market stabilizes, a new presale is catching investors’ eyes. Bitcoin Hyper (HYPER) is a next-gen Bitcoin Layer 2, using Solana tech to deliver fast, cheap, scalable transactions.
- Bitcoin Hyper presale surpasses $540,000 in few days, offering early access to what analysts call one of June’s best crypto to buy picks.
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