Hyperliquid (HYPE)$USUAL $SLF $PENGU

For several weeks now, HYPE has maintained its position as one of the trendiest altcoins. However, this time it did not show significant growth over the last 24 hours. Instead, the price slightly decreased by 3.40%.

The decrease in value is linked to low demand for the native token of Hyperliquid. Previously, demand was high, and forecasts suggested that the altcoin could reach $50 in the short term.

However, at the time of writing, its value was $27.15. If demand continues to fall, the price of the altcoin may drop to $20. Nevertheless, if buying pressure and volume in the Hyperliquid market increase, the trend may change. In this case, the price will have a chance to rise.#2024withBinance