Hyperliquid\u2019s native token, HYPE, is going through a correction in the past couple of days after charting a new all-time high at almost $46.<\/p>\n
At the time of this writing, the cryptocurrency is trading below $37, marking a decline of around 20% in the past 48 hours.<\/p>\n
<\/a>Source: Hyperliquid<\/p>\n Many have taken to X to speculate on the ongoing correction. Some traders outline the serious nature of the move and predict<\/a> prices as lo as \u201clow-mid 20\u2019s.\u201d<\/p>\n Commenting on the matter was also Altcoin Sherpa, who said<\/a>:<\/p>\n \u201cHYPE is pulling back a bit, I think that this thing goes to low $30s if BTC continues to bleed and chop around. Still, it\u2019s 1 of the best coins this cycle and I think it\u2019ll eventually go much higher. I\u2019ll still keep a bunch of it staked for now.\u201d<\/p>\n Byzantine General also chipped in on the matter, outlining the importance of the long-term trendline that started forming in April. He\u2019s of the opinion that breaking below this trendline won\u2019t be a good sign, especially as open interest is building up.<\/p>\n Pretty important level for $HYPE<\/a> with a serious OI build up.<\/p>\n It better not break that trend. pic.twitter.com\/Xp5jJqr5s6<\/a><\/p>\n \u2014 Byzantine General (@ByzGeneral) June 19, 2025<\/a><\/p>\n\n Data from HyperDash shows that the majority of the traders (51%, at the time of this writing) are short, with 31% of the open interest covered.<\/p>\n It\u2019s also worth noting that the Hyperliquid<\/a> Assistance Fund bought back another $2 million worth of HYPE today, as reported<\/a> by Tobias Reisner. This is because 97% of the fees generated by traders on the platform go back toward buying back the token.<\/p>\n The post How Low Can the Hyperliquid (HYPE) Price Go?<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Hyperliquid\u2019s native token, HYPE, is going through a correction in the past couple of days after charting a new all-time high at almost $46. At the time of this writing, the cryptocurrency is trading below $37, marking a decline of around 20% in the past 48 hours. Source: Hyperliquid How Low Can HYPE\u2019s Price Go? […]<\/p>\n","protected":false},"author":0,"featured_media":74623,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-74622","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/74622"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=74622"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/74622\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/74623"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=74622"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=74622"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=74622"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}How Low Can HYPE\u2019s Price Go?<\/h2>\n
![<\/a>Source: Hyperliquid<\/p>\nHow Low Can HYPE\u2019s Price Go?<\/h2>\nMany have taken to X to speculate on the ongoing correction. Some traders outline the serious nature of the move and predict<\/a> prices as lo as \u201clow-mid 20\u2019s.\u201d<\/p>\nCommenting on the matter was also Altcoin Sherpa, who said<\/a>:<\/p>\n\u201cHYPE is pulling back a bit, I think that this thing goes to low $30s if BTC continues to bleed and chop around. Still, it\u2019s 1 of the best coins this cycle and I think it\u2019ll eventually go much higher. I\u2019ll still keep a bunch of it staked for now.\u201d<\/p>\nByzantine General also chipped in on the matter, outlining the importance of the long-term trendline that started forming in April. He\u2019s of the opinion that breaking below this trendline won\u2019t be a good sign, especially as open interest is building up.<\/p>\nPretty important level for $HYPE<\/a> with a serious OI build up.<\/p>\nIt better not break that trend. pic.twitter.com\/Xp5jJqr5s6<\/a><\/p>\n\u2014 Byzantine General (@ByzGeneral) June 19, 2025<\/a><\/p>\n\nData from HyperDash shows that the majority of the traders (51%, at the time of this writing) are short, with 31% of the open interest covered.<\/p>\nIt\u2019s also worth noting that the Hyperliquid<\/a> Assistance Fund bought back another $2 million worth of HYPE today, as reported<\/a> by Tobias Reisner. This is because 97% of the fees generated by traders on the platform go back toward buying back the token.<\/p>\nThe post How Low Can the Hyperliquid (HYPE) Price Go?<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"Hyperliquid\u2019s native token, HYPE, is going through a correction in the past couple of days after charting a new all-time high at almost $46. At the time of this writing, the cryptocurrency is trading below $37, marking a decline of around 20% in the past 48 hours. Source: Hyperliquid How Low Can HYPE\u2019s Price Go? […]<\/p>\n","protected":false},"author":0,"featured_media":74623,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-74622","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/74622"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=74622"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/74622\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/74623"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=74622"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=74622"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=74622"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}](\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/06\/Screenshot-2025-06-19-at-16.17.15.png\"){kind=link}