- On April 22, Hyperliquid (HYPE) price soared by around 4% on a daily chart, soaring its value to around $41.23 with a market capitalization of $10.52 billion.
- The current price chart for HYPE is confirming a reversal pattern after a downfall in the currency following the Kelp DAO Hack
- The upward momentum in cryptocurrency was witnessed after Bitcoin (BTC) soared above $79,000, sparking bullish sentiment across the crypto market.
Amid the bullish sentiment in the overall crypto market, the Hyperliquid (HYPE) token has also gained an upward momentum with a 4.5% surge on a daily chart.
However, despite today’s surge, Hyperliquid is still down by around 7.8% on a weekly chart after facing liquidation in the last week following the Kelp DAO hack that shook the entire DeFi sector.
At present, the HYPE token is trading at around $41.23 with a market capitalization of $10.52 billion, according to CoinMarketCap. The daily trading volume revolves around $350.48 million.
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