Hyperliquid's native token HYPE is trading at $88, about 10% below its $98 record high, driven by ICE's plan to launch Hyperliquid perpetual futures in the U.S., pending CFTC approval. The token's market cap would need to grow by $2.3 billion to reach $100 due to increased circulating supply from recent token unlocks. Despite initial excitement and a price jump, large whale selloffs totaling $109 million and lack of ETF demand have pressured the price. HYPE must overcome regulatory delays and selling pressure to hit $100 by the end of 2026, with risks of falling below key support levels if challenges persist.
Hyperliquid's token HYPE is nearing $100, with market context from Pluang as of Nov 02, 2026 02:02 WIB: Among 150 US stocks, 47 rose and 103 fell. Notable movers include MRVL at USD 196.40 (-10.05%), HPQ at USD 28.78 (-9.58%), and BB at USD 8.42 (-8.38%).
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