CryptoWorld News: Hyperliquid’s HYPE token reached a new all-time high of nearly $70 on May 31, with a monthly increase of more than 67%. The HYPE token first hit $69.97, before slightly retreating into the $67 to $68 range. The latest data shows that HYPE ranks 11th in the market, with a market cap of over $15 billion, and a fully diluted valuation exceeding $65 billion. HYPE’s 24-hour trading range is between $66.35 and $69.94, indicating that after a modest pullback the token remains close to its all-time high. Demand for HYPE ETFs is one of the main factors driving its price higher. May ETF data shows that the weekly inflow of HYPE tokens has remained in positive growth for three consecutive weeks, with cumulative net inflows reaching $100 million.

HYPE2.42%
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GateUser-dce566e8
· 2h ago
Market capitalization exceeds 15 billion, a true leader has emerged in the derivatives track
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JieGeVisitsTheCurren
· 2h ago
Just charge forward 👊
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MosaicBowtieRealm
· 2h ago
HYPE's trend, airdrop enthusiasts should all be financially free.
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TransparentGlassFeather
· 2h ago
A rebound to 67-68 is considered healthy; the concern is a direct market crash.
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LiquidityLullaby
· 2h ago
Is the number 69.97 intentional?
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VinylRadio
· 2h ago
Is a weekly inflow of 100 million dollars a signal that institutions are starting to build positions?
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GateUser-f85bc167
· 2h ago
Ranked 11th, with SOL ahead. Want to push a bit more?
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