Hyperliquid (HYPE) Price Declines 5% in 24 Hours, Market Cap Dips Below $7 Billion

Hyperliquid (HYPE) price has fallen nearly 15% over the last seven days, pushing its market cap to $6.8 billion and dropping it out of the top 20 cryptocurrencies to 25th place. This decline comes amid mounting criticism focusing on the project’s transparency and perceived centralization issues. Despite the downtrend, technical indicators suggest contrasting signals. The DMI points to... source: https://beincrypto.com/hyperliquid-market-cap-drops/