Hyperlan (Hyper) has reached a summit of all time (ATH) today, fueled by its recent announcements on the main exchanges of cryptocurrency from South Korea.
In addition, the 24 -hour token trading volume jumped more than 1600%, highlighting a significant increase in market interest and commercial activity.
Hyperlan (Hyper) records a new summit of all time
For the context, Hyperlan is an interoperability protocol which allows communication and transfers of transparent assets on different blockchaines without centralized intermediaries. It supports several virtual machines, offers deployment without authorization and provides customizable security features.
His native, hyper token was launched at the end of April, and Binance listed it. Registration led to $ 0.366, marking an ATH. However, the momentum fogled shortly after.
In addition, the Upbit list of Hyper against Bitcoin (BTC) and the pairs of Tether (USDT) sparked a brief wave at the end of May. Again, the climb was short -lived. Thus, the prolonged downward trend continued.
At the end of June, Hyper has reached a hollow of all time. Nevertheless, yesterday, the token came out of its crisis with the addition of a Upbit of a KRW commercial pair and the parallel list of Bithumb. This double registration catalyzed a price leap of 500%, with a hyper going from $ 0.116 to $ 0.668 in a single day, according to Beincrypto data.
The rally continued today, with Hyper Peaking to a new record of $ 0.689 about seven hours ago. However, the token has since decreased 21% compared to its peak.
At the time of writing this document, the hyper token was negotiated at $ 0.54, up 88.88% during the last day.
This increase provided hyper a second place among the best weekly and daily winners in the first 1,000 cryptocurrencies on Coingecko. The latest data shows that market capitalization has also increased from around $ 20 million to more than $ 95 million.
Aside from the price, the list also catalyzed an increase in commercial activity. Coinmarketcap data showed that, on June 10, the hyper trading volume exceeded $ 1 billion for the first time.
In addition, at the time of the press, the negotiation volume was recorded at 3.87 billion. This represented an increase of 1,663% compared to the day before.
“Hyper exploded during the 24 hours of the last … A momentum like this does not lie. Narrative + Access = ignition. Keep your eyes on it,” published an analyst.
The growing thrust of research requests for terms such as “Hyper token” and “Hyperlan”, also serves as evidence of increased market interest. Google Trends The data has shown that the interest of research for both terms has reached 100, indicating increased curiosity and commitment.
In addition, Hyper is currently classified among the most trendy coins on Coingecko, solidifying its focal point of attention position on the market.
Meanwhile, the best hyper token holders have increased their participation. Nansen Data stressed that the 100 best holders have accumulated 93.2 million since July 8. This strong increase reflects increasing confidence in the prospects of hyper.
Nevertheless, not everyone is convinced of the hyper potential. An analyst suggested that he could undergo an accident similar to the Mantra (OM) or Kinto (K).
“The hyperlan hypern is the next OM or K,” says the post.
In addition, the project is still in its early unlocking phase, with only 8% of the total offer currently unlocked. The chip unlocking calendar will extend in the coming decades.
Tokenmics data have shown that the team will publish a new supply from July 22. This could potentially have downward pressure, which calls into question the latest hyper gains.
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