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via Cointelegraph · By Cointelegraph Staff
Hyperliquid’s HYPE Breakout Puts $100 Price Target in Play
HYPE
HYPE/USDT
$57.356
+2.54%
$57.356
+2.54%
(24s)24h Volume
$246,113,369.15
24h H/L
$57.61 / $55.95
Change: $1.66 (2.97%)
Funding Rate
+0.0054%
Longs pay
Data provided by COINOTAG DATALive data
CS
Cointelegraph Staff(02:42 PM UTC)
1 min read
Hyperliquid’s native token, HYPE, has rallied more than 30% in five days to a record high near $74, with a bullish chart breakout now pointing to a potential move above $100.
HYPE/USD daily chart. Source: TradingView
Key takeaways:
- HYPE has broken out of a bull pennant pattern, putting its measured upside target near $105.
- Hyperliquid has become the second-largest blockchain by app revenue on a…
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