Hyperliquid (HYPE) in Danger: Analysts Explain Why It Could Plunge in the Short Term
Aug 6, 2026
< 1 min read
by Dimitar Dzhondzhorov
for CryptoPotato

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AI Overview
HYPE, the native token of DEX Hyperliquid, is trading around $55.50 per CoinGecko after a 22% monthly decline. Market observers expect further downside, highlighting near-term risk to token performance, DeFi adoption momentum and broader crypto market sentiment.
Bearish
HYPE – the native token of the decentralized crypto exchange Hyperliquid – currently trades at around $55.50 (per CoinGecko), translating into a major 22% decline on a monthly scale.
According to some market observers, conditions may even worsen from here, with expectations of a further downtrend.
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