Presales

Hyperliquid Just Flipped ETH… Kinda: Best New Crypto to Buy After HYPE Price Pump?

By Akiyama Felix

Last Updated: Jan 31, 2025

Fact checked

By Sam Cooling

Hyperliquid's HYPE token has just done the unthinkable against Ethereum. Also, discover a new hidden gem for your crypto portfolio.

Hyperliquid has made headlines by flipping Price Volume in 24h Price 7d in daily fees and revenue in January 28, 2025.  The layer 1 chain, Hyperliquid is designed primarily for decentralized derivatives trading in perpetual futures.

Hyperliquid Price Volume in 24h Price 7d can handle up to 200,000 transactions per second with minimal latency, a centralized exchange experience with the privacy of decentralization.

This protocol attracts traders looking for efficiency and security in their trading activities. Yesterday, it showed a remarkable bump in transaction volume.

Hyperliquid's HYPE token has just done the unthinkable against Ethereum. Discover a hidden gem for your crypto portfolio.

(Source)

HYPE Overload: Did Hyperliquid Just Overtake Ethereum?  Find the Crypto You Can’t Afford to Miss!

Hyperliquid was founded by Jeff Yan and Iliensinc, both Harvard alumni. They have a background in high-frequency trading from institutions like Google and Hudson River Trading. By creating a high-performance chain, they are addressing the decentralized exchange’s privacy issue.

The Hyperliquid mainnet was launched in June 2023. Within six months, Hyperliquid achieved a total trading volume of $54 billion.

In November 2024, Hyperliquid introduced its own token, HYPE, through a massive airdrop. The airdrop distributed 310 million tokens to users, worth $1.21 billion at the time. The HYPE airdrop was the largest in crypto history by value until today.

Hyperliquid has maintained a strong community focus, self-funding its operations by aligning with its user needs rather than venture capital interests. It has also introduced EVM compatibility and staking features, tapping into another ecosystem.

By the end of 2024, Hyperliquid had over 200,000 users and daily trading volumes exceeding $1 billion across 145 trading pairs. The Hyperliquid platform’s focus on perpetual futures trading has tapped into an untapped demand for privacy trading.

In December 2024, HYPE showed its canine teeth, peaking at an all-time high of $34.96. Hyperliquid uses 54% of trading fees to buy back and burn HYPE. This setup keeps the token’s value pumped, with constant demand pushing the price up. HYPE’s tokenomics and growing platform users make it a pretty sweet investment since it’ll grow as the platform does.

HYPE has found support and is holding steady, a sign of good community backing. Furthermore, the platform’s user base and trading volumes continue to grow with each passing day. After HYPE’s initial price took off, it came back down to $26, a good spot if you are looking to enter.

Hyperliquid is doing very well by outperforming Ethereum in fees, and they are still building. With all this growth and the new features coming, HYPE has both immediate and future potential.

Thanks to the HYPE airdrop and its first mover platform, it flipped Ethereum in its trading fees and revenue. But can Hyperliquid grow above its current $26 billion fully diluted value?

Will Mind of Pepe Flip Both Hyperliquid and Ethereum?

Mind of Pepe (MIND) stands out with its presale success, raising over $6 million. This project combines AI with meme culture to offer utility beyond trading, unlike Hyperliquid’s focus on trading infrastructure.

Mind of Pepe provides staking with an APY over 491%, significantly higher than Hyperliquid’s offerings, incentivizing holding.

Investors participating in the presale can benefit most from $MIND’s price of $0.0033188.

Mind of Pepe’s AI agent offers real-time market analysis and can participate in the crypto ecosystem by launching tokens. This contrasts with Hyperliquid, which focuses on trading rather than providing these additional opportunities.

The AI component of Mind of Pepe is designed to evolve with how the crypto communities engage with market data. This positions Mind of Pepe as a first-mover project compared to HYPE’s more traditional approach.

Check out Crypto Gains, the 150k followers crypto YouTuber with bullish prediction on $MIND.

At its current stage and price, $MIND is an appealing investment with high returns.

Go to the MIND of Pepe website, connect your wallet, and purchase MIND using ETH, USDT, or your bank card.

For more information, visit the MIND of Pepe website or follow MIND of Pepe on X or Telegram.

EXPLORE: Crypto Trends For Bullrun – January 2025

Join The 99Bitcoins News Discord Here For The Latest Market Updates

Free Bitcoin Crash Course

  • Enjoyed by over 100,000 students.
  • One email a day, 7 days in a row.
  • Short and educational, guaranteed!

Why you can trust 99Bitcoins

10+ Years

Established in 2013, 99Bitcoin’s team members have been crypto experts since Bitcoin’s Early days.

90hr+

Weekly Research

100k+

Monthly readers

50+

Expert contributors

2000+

Crypto Projects Reviewed

Google News Icon
Follow 99Bitcoins on your Google News Feed
Get the latest updates, trends, and insights delivered straight to your fingertips. Subscribe now!
Subscribe now
Disclaimer Icon
Disclaimer
Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital. 99Bitcoins may receive advertising commissions for visits to a suggested operator through our affiliate links, at no added cost to you. All our recommendations follow a thorough review process.
Akiyama Felix
Akiyama Felix
Crypto Journalist

Crypto Class 2018, Visual effect artist turned to onchain degen. ETH maxi, naturally left handed. Enjoy Japanese manga, sipping coffee before bed. Dog lover who enjoys writing. Read More

Back to top