Hyperliquid (HYPE) has surged to $39.20, up by 5.41% in the last 24 hours with a trading volume of $13.08 billion and a 3.58% weekly increase.
Over $40 million worth of HYPE tokens have been unstaked by whales ahead of the Kinetiq launch, fueling institutional interest in the Hyperliquid platform.
CoinCodex forecasts a potential profit of 30.81% by July for HYPE with a bullish trend, despite anticipating a price dip.
While Hyperliquid shows promising growth and market indicators suggest short-term momentum, investors are advised to remain cautious of potential volatility in the coming months due to market adjustments.