HYPE
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Security timeline
- In the news by CoinGapeHYPE rises over 4% as Bitso expands access to Hyperliquid perpetual futures
- In the news by CryptoPotatoHyperliquid's HYPE token falls 15% in a week to a three-month low near $70
- In the news by U.TodayHyperliquid burns $1.53 million in HYPE tokens in 24 hours
Recent news
HYPE rises over 4% as Bitso expands access to Hyperliquid perpetual futures
HYPE, the token of Hyperliquid, rebounded more than 4% from its daily low after Latin American exchange Bitso expanded access to perpetual futures. The integration lets Bitso's more than 10 million users trade over 200 Hyperliquid markets through the existing Bitso platform.
Hyperliquid's HYPE token falls 15% in a week to a three-month low near $70
HYPE has fallen roughly 15% over seven days to around $70 per CoinGecko, a three-month low, with a market capitalisation of $16.8 billion. Analysts cite support levels around $75 and $67 to $69 and warn of possible drops to the low $60s or $51 to $53, while Lookonchain reported an investor depositing 512,010 HYPE (about $40 million) into FalconX. The RSI has fallen below 30, which suggests oversold conditions, and exchange netflow has been negative over four days.
Hyperliquid burns $1.53 million in HYPE tokens in 24 hours
Hyperliquid burned about $1.53 million of HYPE in 24 hours, buying back 21,200 tokens, while the price dipped below $70. Lifetime burns have now pushed past 5% of total HYPE supply.