HYPE, a cryptocurrency token from Hyperliquid, has experienced a remarkable price increase, more than doubling since its launch. This rapid rise in value occurred following the token generation event, notably on November 29.
The HYPE token's impressive performance in the market has seen it trading at $12.30, marking an increase of over 36% just in the last 24 hours.
This surge has pushed the token’s fully diluted valuation (FDV) to exceed $12 billion, placing it among the noteworthy assets in the cryptocurrency market.
