{"id":24272,"date":"2025-04-29T09:17:18","date_gmt":"2025-04-29T09:17:18","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=24272"},"modified":"2025-04-29T09:17:18","modified_gmt":"2025-04-29T09:17:18","slug":"hyperliquid-price-targets-20-and-beyond-as-hype-airdrop-rumors-resurface","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=24272","title":{"rendered":"Hyperliquid Price Targets $20 and Beyond as HYPE Airdrop Rumors Resurface"},"content":{"rendered":"
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Hyperliquid\u2019s token price is trading at around $19 at the time of this writing and all eyes are on the major technical and psychological resistance located at $20. The cryptocurrency is up almost 4% for the past 24 hours and currently sits on a market capitalization upwards of $6 billion, according to CoinGecko.<\/p>\n

\"\"<\/a>
Source: CoinGecko<\/figcaption><\/figure>\n

HYPE Price Eyes $20<\/h2>\n

HYPE has been one of the best-performing altcoins throughout the past 24 hours. This comes on the back of a massive increase in trading volume, which is up almost 100% on the day.<\/p>\n

Beyond that, though, Hyperliquid\u2019s open interest<\/a> copared to that of centralized exchanges has reached<\/a> an all-time high according to data from\u00a0Hypeflows.\u00a0<\/em><\/p>\n

\"Screenshot<\/a>
Source: Hypeflows<\/figcaption><\/figure>\n

Some analysts seem to believe<\/a> that open interest is a better metric to gauge the number and engagement of the flow of new users, which means that Hyperliquid is getting a more organic flow of retail users compared to major centralized exchanges.<\/p>\n

In any case, Hyperliquid<\/a> currently accounts for 83% of the total trading volume across decentralized exchanges with almost $6 billion in the past 24 hours.<\/p>\n

Second Hyperliquid Airdrop Rumors<\/h2>\n

In addition to apparently strong fundamentals over the past couple of weeks, there are also rumors circling around social media that the team might be preparing to launch a second season of Hyperliquid points, which is the system used to reward users with HYPE tokens through an airdrop.<\/p>\n

According to a popular social media user and a frequent Hyperliquid commentator, the points page has seen its user-interface updated on testent.<\/p>\n

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New season of points farming on HL?<\/p>\n

Points page UI updated on testnet.$HYPE<\/a><\/p>\n

Hyperliquid. pic.twitter.com\/F82BMCqTYb<\/a><\/p>\n

\u2014 NMTD.HL\/BTC (@NMTD8) April 28, 2025<\/a><\/p>\n<\/blockquote>\n