silosili

06/08 12:00

HYPE closed the week with a 7% gain, which makes

HYPE closed the week with a 7% gain, which makes it the best performer on our list. This comes after HYPE was listed on several major exchanges. 

While this news was bullish in the short term, the price action seems to show the opposite. Based on the weekly candles, we can see that HYPE appears to have topped around $40 and is making lower highs since then. This could be the start of a longer consolidation or pullback around $30.

Looking ahead, HYPE remains a very competitive coin that has reached the top 10 altcoins by market capitalization if we exclude stablecoins. This is an impressive achievement, but also shows that exponential growth from here on will be more difficult, considering its $11 billion market cap.

#Claim1,200 USDT in the Monthly Creation Challenge#New Listings on HTX#Do you think EDGEN is promising?

2Share