Hyperliquid's native token HYPE has overtaken Dogecoin (DOGE) to claim the 9th spot in global cryptocurrency rankings, reaching a market cap of $16.03 billion. This rise follows a 47% weekly gain driven by Hyperliquid's automated DeFi buyback mechanism, which uses 97% of trading fees to buy back tokens, creating strong demand. Institutional investors and spot ETFs have also boosted HYPE's growth, while Dogecoin remains supported by loyal retail investors despite dropping to 10th place. The shift highlights a trend favoring fundamentally structured DeFi projects over meme-driven coins.
XRP is struggling near the $1 mark despite $116.74 million inflows into U.S. spot ETFs, with a potential drop to $1.05 unless a U.S. Senate vote on the CLARITY Act reverses the trend. Bitcoin, despite $1.26 billion in weekly ETF outflows, has held su...
Dogecoin dropped 5.84% to a monthly low of $0.099, breaking its $0.1 support level for the first time since April. This decline triggered $16.4 million in long position liquidations as traders who were bullish and leveraged exited their positions ami...
Bitcoin fell below the key $75,000 level, sparking a sharp selloff across major cryptocurrencies including Ethereum and top altcoins. This drop triggered around $400 million in liquidations of leveraged long positions, intensifying market panic. The ...
Dogecoin dropped to $0.10, its lowest since April 30, marking a 10% weekly decline. Despite the price fall, large holders (whales) have accumulated over 525 million DOGE in four days, indicating strong buying interest and reducing immediate selling p...
Dogecoin (DOGE) is approaching a crucial resistance zone between $0.10 and $0.11 after forming a rounded base on its weekly chart. Traders are watching if DOGE can break above its descending trendline and hold this level, which could confirm a bullis...
