According to KookCapitalLLC, a new treasury company focused on HYPE token ($HYPE) is about to launch, leading to an increase in price targets among traders. The announcement signals growing institutional interest in $HYPE, which may drive higher trading volumes and increased volatility in the short term. Traders are advised to monitor order books and on-chain activity for $HYPE, as treasury-backed tokens often experience rapid price movements following such developments (source: twitter.com/KookCapitalLLC/status/1935347545296736765).