Hype price, hyperliquid volume volume plan; Risks of dilution increase

Hyperlikuid, a popular lasting decentralized exchange, under the collar pressure is settled by the settlement as his token approached low and its network volume.

Hyperliquid (Hyper) The token stretched at a lower than $ 11.10, up to 67% of its record high of $ 35.20. This decline brought its market hat of 10 billion dollars in December to 3.8 billion dollars.

The Hype token collapsed partly due to significant risks of dilution. Toward CoinnmarketcapIt has a total offer of nearly billion tokens, and 333 million is in circulation.

The unlocking of the hyperliquid token will start in November this year, when the network will start releasing 216,580 hype tokens worth 2.52 million dollars a day. Finally unlocking will happen in November 2028. years. Unlocking tokens, especially without burning characteristics, lead to greater inflation and dilute existing token owners.

The hype prices has also collapsed as the network faces great challenges after Jelly crisis. In it, developers have given the token abruptly to significant losses among investors.

The crisis has led to a lower online activity. Defi Llama The data show that the constant futrris amount dropped to 175 billion dollars in March, the second consecutive month fall. This extent has reached almost 200 billion in January in January Solana Meme Coins deviated.

The seven-day amounts of hyperlikiide fell by over 27% to $ 38 billion, while everyday amount dropped by 70% to $ 2.4 billion.

The same trend occurred on the hyperlicoid network layer-1, whose volume fell by 28.5% to 702 million dollars.

Technical analysis of the hype price

4H The chart shows that the hyperlicoid price crashed from 35.12 to $ 11.6. He recently fell under the crucial support level to $ 12.11, his lowest point 13. March.

The movement below that level cancels the formation of double-bottom samples.

The token also formed a bear pattern, which characterizes a vertical line and consolidation of rectangles. This is a very popular form to continue medves in technical analysis.

The hype price moved below the average of 50 per period. Therefore, the token will probably continue to fall as vendors target their all the time of $ 10.45. The movement above resistance to $ 13.37 will undo the bear of a branch.