#MarketNewHype

The crypto market is experiencing a surge in activity, marked by Bitcoin's recovery above $91,000 and the total market capitalization reaching a new all-time high of $3.14 trillion. This rally is driven by strong buyer interest, with Bitcoin dominating at 60.2% of the market share. Altcoins, however, show more modest gains, and meme tokens like DOGE, SHIB, and PEPE have seen significant increases, with their combined market valuation exceeding $117 billion.

Additionally, the newly launched HYPE token by Hyperliquid has gained over 200% in value since its release, now valued at $12.30. Its decentralized nature and features like staking and a deflationary model have contributed to its popularity, alongside a $12 billion fully diluted valuation.