HYPER Token Soars 46% After Token Unlock and Airdrop, Trading Volume Hits $872 Million
HYPERUSDT experienced a significant price increase of 46.15% over the last 24 hours, rising from 0.3549 to 0.5187 USDT on Binance. This surge is primarily attributed to heightened market activity following the recent token unlock and airdrop on July 22, which drew increased community attention, as well as continued momentum from earlier exchange listings on Upbit and Bithumb that previously drove substantial price gains. The asset also benefited from notable trading volume, with Binance reporting 149.36 million HYPER traded (62.47 million USDT equivalent) and overall 24-hour volumes reaching up to $872.4 million according to CoinGecko. HYPERUSDT’s current market capitalization is estimated between $77.8 million and $89 million, with a circulating supply of approximately 175.2 to 180 million tokens out of a 1 billion maximum supply. The price volatility and elevated trading volumes reflect strong market interest and ongoing developments surrounding the token.
📊#BTC Ascending Triangle📊
🧠From a structural perspective, we are still in a sideways consolidation phase. We have already built a short structure. If we want to continue to rise, we need to break through the blue turning point 119240 and stabilize before we can usher in a big surge.
➡️From a morphological perspective, an ascending triangle is forming. After breaking through h, it is confirmed that the upward breakthrough will occur. The subsequent pullback is worth our participation.
⚠️If we fall below the low point near 116000, we cannot blindly go short, because the sideways consolidation time is too long. After the selling pressure is exhausted, the lows that appear are all opportunities for us to participate in long transactions.
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#Wolf_king88 $BTC
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