Skyward Surge of Hyperliquid Token: Price Jumps 8% - Could Be the Next Crypto to Blast Off
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In the past couple of days, the price of Hyperliquid (HYPE) has been on a rollercoaster ride. After surging 8% in the last 24 hours, landing at $35.88, it's currently attempting another push upwards. But $36.5 is proving to be a stubborn resistance.
This surge stemmed from the launch of Hyperdrive, a stablecoin money market built for Hyperliquid, on May 28. Hyperdrive acts as the foundational layer for making everything on HyperCore liquid. On the same day, Hyperliquid also enabled long and shorting of SOPH with up to 5x leverage, a feature highly requested by its community.
However, the HYPE price took a dip between May 28 and May 30, before stabilizing around the $36 mark for a few days. This allowed the Bollinger Bands to tighten compared to their performance on June 2, when they widened due to a sharp price boost. The Relative Strength Index (RSI) suggests that there's still room for growth, potentially leading the HYPE price to breach the $36.5 barrier.
But if you're looking for an alternative investment, "Best Wallet (BEST)" has been catching the attention of crypto enthusiasts. Launched in late 2024, Best Wallet offers a multitude of features, becoming one of the most popular and used new wallets in 2025. It provides secure storage and operates as a DEX, with multi-chain support for over 60 blockchains. Plus, it has a native launchpad that's already seen success with tokens like Pepe Unchained (PEPU) and Catslap (SLAP).
Crypto insiders, including ClayBro, a YouTuber with over 136k subscribers, have predicted a 20x growth potential for the token. If you're interested in investing in Best Wallet's BEST token, now's the time to act, as it's currently trading at $0.025125.
If you want to join the ranks of those who've invested in Best Wallet, head over to its website and purchase BEST before the presale price hike in the next 34 hours.
But remember, survival in the crypto market isn't about fearing dips. It's about jumping into opportunities!
Sources: [1] CoinMarketCap, Blockchain.com, Binance.com
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