Hype Jumps 11.6% to New High as Hyperliquid Extends Rally and Triggers $11.5M Squeeze
Key Takeaways On June 16, HYPE jumped over 11% to hit a record $76.90, recovering from a recent marketwide drop to $53. Hyperliquid secured its spot as the 10th-largest crypto asset, hitting a market cap of nearly $17 billion. Analysts warn Hyperliquid’s buybacks may not match the massive scale of upcoming contributor token unlocks. Supply…
