Hyperliquid Token Hits 7-Month Low as Market Share Collapses

Hyperliquid’s HYPE token slid to a seven-month low as the market reacted to a steep decline in the protocol’s dominance and renewed concern over recent token movements. According to BeInCrypto data, the token dropped more than 4% in the past 24 hours to $29. 24, its weakest level since May. Why is HYPE Price Falling? CoinGlass data showed that the drop triggered more than $11 million in liquidations, adding to pressure on a market already turning cautious source: https://beincrypto.com/hyperliquid-hype-seven-month-low/