🚀 HYPE Token Explodes 285% – Targeting $47 Soon?!
A Rare Chart Pattern + Surging Volume = Bullish Frenzy
The crypto world is buzzing as HYPE, the native token of Hyperliquid, skyrockets to a new all-time high of $37, up a staggering 285% from its April low of $9!
Why’s everyone watching HYPE?
Because the numbers are mind-blowing:
📈 $67.7B in 7-day trading volume (beating even Uniswap & PancakeSwap)
💰 $17M in weekly fees — an all-time high
🔥 $1.53T in total perpetual futures trades — leagues ahead of competitors like Jupiter
What's fueling this rally?
A booming crypto bull run ignited by Bitcoin’s recent surge
Traders piling into perpetual futures with leverage
A rare and bullish cup-and-handle pattern forming on HYPE’s chart
Technical Breakdown:
The chart shows a classic cup-and-handle, hinting at a breakout toward $47 — a potential 35% upside from current levels. If it hits this target, HYPE’s market cap could approach $15B.
Why it matters:
Perpetual futures are becoming the new battleground in crypto. With Coinbase acquiring Deribit and HYPE dominating volumes, this space is heating up fast!
> “Hyperliquid is no longer just a platform — it’s a DeFi juggernaut shaking up the entire derivatives market.”
#HYPEtoken #CryptoSurge #PerpetualFutures #DeFiBoom #TrumpTariffs
