HYPER Token Hits All-Time High After Binance Launchpool Debut, Faces 10% Pullback Amid Volatility

HYPERUSDT has experienced significant price volatility over the past 24 hours, primarily driven by renewed buying interest following its listing on Binance Launchpool and major South Korean exchanges. This activity led to a sharp rally, with the token reaching a new all-time high, but was quickly followed by a notable correction as exchanges such as Bybit and KuCoin adjusted funding rate intervals and leverage limits for HYPERUSDT perpetual contracts to manage risk. These measures, combined with profit-taking after the rapid price surge, contributed to the observed price decline.

Currently, HYPERUSDT is trading at $0.4725 on Binance, reflecting a 10.51% decrease over the past 24 hours from an opening price of $0.5280. The 24-hour trading volume remains high, with substantial market participation and a market capitalization of approximately $80.8 million, highlighting both strong interest and ongoing volatility in the asset.