Since 2024, only 8 out of 113 crypto tokens with market caps over $100 million trade above their initial token generation event (TGE) prices, showing a median loss of 95.7%. Hyperliquid leads gains with a 1,519% return, driven by revenue from its perpetuals platform. Most tokens suffer from inflated debut valuations and selling pressure from scheduled unlocks, with notable drops like Worldcoin's 97% decline from its peak. The market now watches upcoming token unlocks to gauge supply absorption for new launches.
Hyperliquid's HYPE token reached an all-time high of $82.43 on August 22, 2026, driven by significant market interest and trading volumes exceeding $1 billion. The token closed slightly lower at $77.94 after the peak, reflecting some profit-taking. M...
Zcash (ZEC) surged 47.1% to around $810, leading a wide rally in altcoins including Bitcoin Cash, Cardano, Dogecoin, and Chainlink, all posting double-digit gains. The rally is driven by optimism around the U.S. Digital Asset Market Clarity Act and e...
HYPE cryptocurrency encountered significant selling pressure as whales and institutions sold $77.38 million worth of tokens near the $75 resistance level, complicating its recovery efforts. Large transfers to exchanges increased supply, making a sust...
Ark Invest's crypto research director suggests Hyperliquid acquire Gemini exchange to secure a regulated U.S. platform and expand its market presence. With Gemini recently obtaining key CFTC licenses, the acquisition would give Hyperliquid a strong r...
Hyperliquid's native token HYPE is holding near $73, driven by its fee-burn system that has already burned $1.27 billion worth of tokens since November 2024. The upcoming AQAv2 upgrade, launching August 26, will channel USDC yield into additional tok...
