Attention, attention! If you thought the cryptocurrency market was boring, think again! The Hyperlane coin (HYPER) just broke all records and hit an all-time high, an ATH as the experts say! So why all the fuss? It turns out this thing got listed on the largest exchanges in South Korea, and that's like throwing gasoline on the fire, literally!
Imagine that the trading volume of HYPER skyrocketed by more than 1,600% in 24 hours! It's like suddenly, out of nowhere, everyone wanted a piece of this coin. Insanity! 🤯
For those who are a bit lost, Hyperlane is like the "bridge" between different blockchains. It allows coins and information to travel from one network to another seamlessly, without anyone getting in the way. Its coin, HYPER, launched at the end of April and, boom!, Binance listed it and it shot up to $0.366. But watch out, after that spike, it deflated a bit. Then, at the end of May, it rose again with listings on Upbit, but the joy was short-lived!
But yesterday, things changed! HYPER bounced back with a double whammy: it got listed with the Korean currency (KRW) on Upbit and also on Bithumb. That was like a bombshell! The price surged 500% in just one day! From $0.116 it jumped to $0.668. Serious stuff! And today, it reached a new high of $0.689! Although, to be honest, at the time of writing this, it has already dropped 21% from that peak and is at $0.54, but it still has an 88.88% increase in the last day! So the party continues! 🎉
With this surge, HYPER moved into second place among the cryptocurrencies that have gained the most in the week and in the day among the top thousand. And the market capitalization also soared from $20 million to over $95 million! Not bad at all!
Analysts are beside themselves with excitement. One of them said, "HYPER exploded in the last 24 hours... Momentum like this doesn't lie. Narrative + access = ignition. Keep your eyes on it." Even on Google Trends, people are frantically searching for "Hyper Token" and "Hyperlane"! This means that interest is at an all-time high.
And hold on tight! Those with deep pockets, the HYPER "holders", have been buying more and more. The top 100 have accumulated 93.2 million tokens since July 8. That shows they have a lot of faith in this coin! 💪
But like in every good gossip, there's always a part that makes us think. An analyst out there is saying that HYPER could crash like other coins that rose a lot and then plummeted. Plus, we need to be alert because the coin is still in an early "unlocking" stage, meaning they will release more tokens to the market starting July 22. And that, my dear friends, could put pressure on the price and make it drop. So, although the party is on, we must not let our guard down! Stay informed!⟨c-71⟩
