Here is what moved. HI took $188,417, which dwarfs everything else on the chain. NOCEX sat at $2,051. PULSE itself landed at $1,988. Then 444 at $1,281 and HYPERDATA at $6. Ten pools are already trading across these names. Two new pools opened in the last day, one of them PULSE.
The context matters. HyperEVM pushed $224 through its own wrapped and stable pairs—the pipes, not the positions. Real token movement sat at $194,817 total across all five names I listed. PULSE carried $1,990 of that. It was the only token riding the "PULSE" theme, and it moved the money it moved. Nothing synthetic got thrown out. This was not a crowded trade. One token, one theme, thin liquidity. That is what the data says.
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