Jump in the price of the HYPE token today, +20% in less than 24 hours
Yesterday the price of HYPE tokens was around $39. Today it jumped above $45, but during the night it nearly touched $47. This is a +20% move in less than 24 hours, followed by a small pullback. The trend of HYPEs price HYPE is the token of the HyperLiquid DEX. It landed on crypto markets less than two years ago at an initial price of $3. In fact, throughout the first month it kept rising until it even exceeded $30, but this initial boom was then followed by a correction that brought it back down to $10. This is probably the reference price that makes sense to use to analyze its subsequent performance. After touching $10 it started a new rally that in September last year pushed it to an all-time high of almost $60. Since then it seems to have entered a long period of very volatile sideways movement, but with medium-term trends rather than short-term ones. For example, as early as the end of September 2025 a new correction began, lasting a full four months, but it only brought the price back down to $20. At the end of January 2026 a new upward trend began which, after more than four months, still seems to be underway. Although less