2024

Million

Hyperliquid

Coin

The Hyperliquid price soared 45% in the last 24 hours to trade at $8.90 as of 08:19 p.m. EST on trading volume that plunged 15% to $361 million, according to CoinGecko.
HYPE, the newly launched token of Hyperliquid, a decentralized perpetual trading platform and Layer 1 chain, has continued to surge just two days after its launch. 
This comes after the project distributed a massive 310 million HYPE tokens to its community, valuing the giveaway at $1.2 billion based on the initial token price of $3.90.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 $1.2B 🪂 from Hyperliquid, Largest crypto airdrop, did really some hype. Did you got any? <a href="https://t.co/dgbuDLPxWb" rel="noopener noreferrer nofollow">pic.twitter.com/dgbuDLPxWb</a>
 — Gem Wallet 💎 (@GemWalletApp) <a href="https://twitter.com/GemWalletApp/status/1862901294773498105?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">November 30, 2024</a>
</blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
<h2 id="b-hyperliquid-price-could-continue-surging-b">Hyperliquid Price Could Continue Surging</h2>
The <a href="https://www.coingecko.com/en/coins/hyperliquid" rel="noopener noreferrer nofollow">Hyperliquid price</a> is currently moving within an ascending channel, as evidenced by the blue lines marking higher highs and higher lows. This reflects a bullish trend on the 1-hour timeframe, with the HYPE price steadily increasing over the observed period.
The RSI is currently at 70.68, which is near the overbought territory. This suggests that the asset might be overextended and could experience a short-term pullback or consolidation as buyers take profits. However, in a strong uptrend, RSI can remain overbought for extended periods.
HYPE has respected the channel’s boundaries. A breakout above the upper line would be a bullish signal for continuation. If the current trend is sustained, the price of Hyperliquid could still surge, as the bulls aim at breaching the $10 resistance, as they target a new all-time high (ATH) at $11.
<img decoding="async" class="aligncenter wp-image-605976 size-full" src="https://insidebitcoins.com/wp-content/uploads/2024/12/dexscreener.com_HYPE_USDC_2024-12-01_04-19-34.png" alt="Hyperliquid Price" width="1120" height="525" srcset="https://insidebitcoins.com/wp-content/uploads/2024/12/dexscreener.com_HYPE_USDC_2024-12-01_04-19-34.png 1120w, https://insidebitcoins.com/wp-content/uploads/2024/12/dexscreener.com_HYPE_USDC_2024-12-01_04-19-34-300x141.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/12/dexscreener.com_HYPE_USDC_2024-12-01_04-19-34-1024x480.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/12/dexscreener.com_HYPE_USDC_2024-12-01_04-19-34-768x360.png 768w, https://insidebitcoins.com/wp-content/uploads/2024/12/dexscreener.com_HYPE_USDC_2024-12-01_04-19-34-104x50.png 104w, https://insidebitcoins.com/wp-content/uploads/2024/12/dexscreener.com_HYPE_USDC_2024-12-01_04-19-34-83x40.png 83w" sizes="(max-width: 1120px) 100vw, 1120px">
HYPE/USDC Chart Analysis (Source: Dexscreener)
A breakdown below the lower channel line, especially with increasing volume, might trigger a short-term correction. Furthermore, the RSI near the overbought zone suggests some consolidation or minor pullback is likely before the next big move.
If a minor pullback could push the Hyperliquid price down, the $6.2 support could act as the next possible level for a cushion against downward pressure.
As the Hyperliquid price soars, some investors are turning to presales like the newly launched <a href="https://insidebitcoins.com/visit/flockerz" rel="noopener noreferrer nofollow">Flockerz (FLOCK)</a> to capture the more explosive upside potential that’s frequently found in meme coins.
According to 99Bitcoins, a popular crypto channel on YouTube with over 706K subscribers, $FLOCK has the potential to soar 100X after its launch.
<iframe title="NEXT 100X Meme Coin?! Flockerz Vote-to-Earn Crypto Review" width="640" height="360" src="https://www.youtube.com/embed/o0OSkCqnm9k?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
<h2 id="b-flockerz-rockets-past-4-million-in-blockbuster-presale-b">Flockerz Rockets Past $4 Million In Blockbuster Presale</h2>
Flockerz is an innovative meme coin project that has introduced a unique concept called Vote-to-Earn (V2E). This initiative allows token holders to actively participate in governance decisions while earning rewards for their engagement.
The project has raised over $4 million in its presale, highlighting strong community interest and support.
Its V2E platform allows community members to determine the project’s future and get compensated for their votes on key decisions. Flocktopia, the decentralized governance framework of FLOCKERZ, is at the center of the project and allows every holder to have a say in decisions.
Token holders can vote on critical decisions, including treasury management and project upgrades, fostering a sense of ownership.&nbsp;
<h2 id="b-buy-and-stake-flock-for-597-annual-staking-rewards-b">Buy And Stake $FLOCK For 597% Annual Staking Rewards</h2>
Another reason investors are flocking to the presale of its native token, $FLOCK, is its mouth-watering staking rewards, currently perched at a dazzling 597% annually.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 In the turbulent skies of crypto, it’s all about flying together. Strength in numbers, success in unity—fly with the flock! <a href="https://t.co/vPwC75koVx" rel="noopener noreferrer nofollow">pic.twitter.com/vPwC75koVx</a>
 — Flockerz (@FlockerzToken) <a href="https://twitter.com/FlockerzToken/status/1846328864299274575?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">October 15, 2024</a>
</blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
Investors interested in joining the presale can <a href="https://insidebitcoins.com/visit/flockerz" rel="noopener noreferrer nofollow">visit the official Flockerz website to buy FLOCK tokens</a> at the current price of $0.0061997 per token using BNB, ETH, or USDT. You can also make a purchase using your bank card.&nbsp;
Buy before a price hike in less than 2 days to secure the best deal.
<h2 id="b-related-articles-b">Related Articles</h2>
<ul>
 <li style="font-weight: 400;"><a href="https://insidebitcoins.com/news/bitcoin-price-analysis-as-btc-flirts-with-100k-this-meme-coin-staking-ico-zooms-past-7-million" rel="noopener noreferrer nofollow">BTC Flirts With $100K As Crypto All-Stars Zooms Past $7 Million</a></li>
 <li style="font-weight: 400;"><a href="https://insidebitcoins.com/buy-cryptocurrency/flockerz-price-predictionhttps://insidebitcoins.com/buy-cryptocurrency/flockerz-price-prediction" rel="noopener noreferrer nofollow">Flockerz Price Prediction – FLOCK Price Potential in 2024</a></li>
 <li style="font-weight: 400;"><a href="https://insidebitcoins.com/buy-cryptocurrency/best-cheap-crypto" rel="noopener noreferrer nofollow">Best Cheap Crypto to Buy Now In 2024 – Low Cost Coins</a></li>
</ul>

Hyperliquid Price Prediction: HYPE Soars 45% After $1.2B Airdrop, While This New Vote-To-Earn Meme Coin Blasts Past $4 Million

Table of Contents

Inside Bitcoins

Other articles published on Dec 1, 2024

Elon Musk Seeks Court Order to Block OpenAI From Becoming Fully For-Profit

Elon Musk Challenges OpenAI and Microsoft in Antitrust Court Battle

Dogwifhat Took the Meme World by Storm, But BTFD Coin Promises More!

Ethereum Ready for a Massive Rally? Analysts Predict 100% Surge by 2025

Best Altcoins to Buy for 2025: Last Chance to Buy $TICS as Tron and Cronos Set New Records

Sheikh Musk (SHEMUSK) Solana Memecoin to Explode Over 16,000% Before Exchange Listings, While Shi...

Join our free newsletter for daily crypto updates!