HYPE
In December, the cryptocurrency with the largest increase is HYPE, the native token of the decentralized perpetual exchange Hyperliquid. This week, the price of HYPE rose by 48.60%, reaching a historical high of $21.48, recently retracting to $20.70. This development may be related to the growing demand for cryptocurrencies. Additionally, the fact that some HYPE airdrop recipients did not sell and that it has not yet been listed on any centralized exchanges has also contributed to the surge.
If this situation continues, the value of HYPE may continue to rise. The market cap is also approaching $7 billion and may rise further, as it is calculated as the product of price and circulating supply. However, if altcoins face selling pressure in the coming days, this may not happen. Conversely, that value may erase some of its recent gains.
XRP
If Trump is elected and promotes XRP as a payment tool, the price of $XRP is expected to break $2.9, setting a new three-year high.
LINK
LINK, the dominant player in the oracle space, is to blockchain what the internet is to computers; oracles can make blockchain applications much more diverse, and the future holds vast imaginative potential.
In just the third quarter of 2024, its infrastructure has added $5.3 billion to the market cap of stablecoins and driven a quarterly growth of 26.2% in tokenized U.S. Treasury bonds.
It involves not just infrastructure but also possibilities.
Imagine an Ethereum $3,414 ETF supported by Chainlink's PoR, allowing investors to view real-time reserve verification.
Or imagine a lending market where tokenized real-world assets are seamlessly integrated, creating new revenue streams for DeFi platforms.