HYPE, SUI, and OM surged to new all-time highs in the past 24 hours.
HYPE surged 29.77% in the past day with the largest-ever token airdrop.
SUI rose to $4.86 amid the surge in its TVL and increasing investors’ interest.
Altcoins reached new highs as Hyperliquid (HYPE), Sui Network (SUI), and Mantra (OM) surged to all-time price records in the last 24 hours. The broader digital asset market recovery, led by Bitcoin’s (BTC) climb above $100,000 to a peak of $101,913.36, has driven these altcoin rallies and strengthened bullish momentum.
Hyperliquid (HYPE)
HYPE jumped 29.77% in the past 24 hours and is trading at a new all-time high of $17.48, giving it a market cap of $4.73 billion after rising 446.07% in the last 30 days, according to CoinMarketCap data. The crypto project launched the largest-ever airdrop, worth $1.2 billion, contributing to the price surge.
The Relative Strength Index (RSI) for HYPE is currently overbought, reading a value of 77.98. Such overbought levels are often followed by a price correction and investors need to be careful while opening a position.
Sui (SUI)
SUI surged 30.51% in the past 24 hours and dropped to $4.8…
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