HYPER Token Soars 342% After Bithumb Listing and Derivatives Market Surge, Hits $0.52 on Binance

HYPERUSDT experienced a significant price surge in the last 24 hours, with the price on Binance rising from $0.1173 to $0.5192, marking a 342.63% increase. This sharp upward movement is attributed to several key factors: the recent listing of HYPER on Bithumb, one of Korea’s largest exchanges, which expanded market access and visibility; adjustments to perpetual contract funding rates and intervals on major derivatives exchanges such as Bybit, KuCoin, and Bitget, likely increasing speculative trading activity; and heightened social media and analyst attention pointing to bullish breakouts. The combination of new exchange listings, derivatives market adjustments, and increased trading incentives contributed to intensified demand and volatility.

Currently, HYPERUSDT is trading at $0.5192 on Binance with a 24-hour trading volume of 120.15 million USDT and a market capitalization ranging from $20.03 million to $56.27 million, based on a circulating supply of 175.20 million HYPER. The token’s price has shown extreme volatility, with a 24-hour high of $0.35999 and a low near $0.1000, reflecting elevated trading activity across multiple platforms.