Detailed view for this entity.

βif you're a long-term holder of Hype, then you benefit because you you guys are directly aligned to, you know, sharing some of the interest in buying back Hyperliquid.β

βHype hit $43 and a 10 billion plus market cap surpassing Cardano on the rankings.β

βAnd the thing that's driving it is oil perpetual doing 1.2 billion as Iran tensions escalate.β

βExchange tokens like Hype token actually performs best when the market is messy or moving sidewaysβ

βI do think Hype token can break its previous all-time high at $60 easily.β

βHYPE is the native token of the hyperliquid blockchain.β

βOf course, it's at this point of time it's one of the only coins year-to-date that has actually done extremely well, right?β

βBut basically since the start of the year, we're up about 68% right?β

βHyperliquid at this point of time is nearing some major resistance levels, right?β

βRight? We are holding the breakout right now.β

βObviously, hype corrected to a low of about 20 in Jan.β

βyou could see right now Hype is around $38, which is the same price that it was back in October and even in November.β

βHype is the token HYPE. It's already done a 10x in the previous cycle and based on a lot of recent factors, it doesn't really show any sign of slowing down.β

βAnd in terms of price, we have Hype right now, HYPE, which is at about just under, I guess, $41 uh $40.90 as I record, which you can see is up uh 18% in these last seven days.β

βyou can see is up uh 18% in these last seven days.β

βthis thing launched around $3, $4 and you know, in not very much time, it's already done basically a 10x move.β

βThe hype chart has been rejected from the 100 38% extension. You might ask what is that level? It is the level that I highlighted as the first ideal target for yellow wave three.β

βhype is in the broader sector, maybe even the only coin at the moment that is rallying in an impulse. At least the only one I'm aware of.β

βSo here's the deal with Hype token. It's not just a governance token. It's the gas for the network. It's used for staking to secure the validators.β