Hyperliquid (HYPE) Plunges by 11% Weekly: Further Losses on the Way?

HYPE, the native token of the decentralized exchange Hyperliquid, has performed quite poorly lately, coinciding with the red wave sweeping through the entire crypto sector. The token has been the subject of numerous price predictions, with some analysts envisioning additional declines in the short term. Where is the Bottom? Currently, HYPE is worth roughly $26, representing an 11% weekly loss and a 56% collapse from …