🚀 HYPE Token Rally Alert
HYPE surged 50%+ recently, fueled by the booming HIP-3 markets and growing derivatives activity.
Key signals:
• Open interest in HIP-3 markets hits ~$790–800M — rare for decentralized markets 💥
• Trading volumes & perpetual contracts are climbing, showing real demand
• Expands trader options beyond the usual crypto basket
⚠️ Caution: High open interest = bigger trends but also risk of sudden liquidations. Short-term gains depend on whether growth is organic or leverage-driven.
$HYPE
| $HIPPO
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$ARPA #cryptotrading #defi #PerpetualMarkets #Openinterest