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Bullish
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$PTB
open and printing profit.
$NIGHT
bleeding as sellers take control.
$FOLKS
dumping hard, market clearly favors shorts.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.
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PTBUSDT
Perp
0.003588
-31.73%
FOLKSUSDT
Perp
6.775
-30.34%
NIGHTUSDT
Perp
0.0618
+1.98%
956
0
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š Hyperliquidās HYPE Token Hovers Near $20 as Massive Burn Proposal Looms The price of Hyperliquid's HYPE token is sitting just above the critical $20 mark, experiencing a broad decline alongside the wider crypto market. However, a major proposal on its network could significantly alter its supply-and-demand dynamics. The proposal, put forth by The Hyper Foundation, is to burn 1 billion HYPE tokens currently held in the "Assistance Fund." This supply shock, if passed, could be a powerful catalyst for price. Validators will begin signaling their support on December 21st, with the official vote concluding on December 24th. Despite the potential positive impact, analysts point to challenges. The token is facing a clear drop in trading activityāspot and futures volumes have plummeted from their October peaks. Furthermore, an upcoming token unlock in December will release an additional 10 million $HYPE into circulation, potentially creating short-term selling pressure that could counteract the positive effects of the burn. The $20 level is viewed as a key support zone. It represents a significant previous high from April and is a major psychological level for traders. The outcome of the burn vote and the market's reaction to the December unlock are seen as the decisive factors for whether this support will hold or break.$ORDI |$KAVA
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My open $ALCH trade holds firmly in the green, securing gains while the market struggles with $PTB declining and $FOLKS trending lower.
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$WLD leading the AI dip at -6.25%. The face of AI identity is feeling the pressure. Sector-wide weakness: $HOLO -6.12% $MIRA -6.12% When sector leaders like #WLD slide, do you see opportunity or caution?
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"Real World Assets" meeting real world volatility. šā” Today's RWA reality check: š»$EDEN : -11.16% š»$TRU : -9.68% š»$PENDLE : -8.76% The bridge between TradFi and DeFi is being stress-tested. Strong hands only.
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