Hyperliquid (HYPE) Market Share Jumps as DEX Adoption Grows

The crypto market never sleeps, and the latest shake-ups are proving just that. The Hyperliquid (HYPE) market share has climbed significantly

The crypto market never sleeps, and the latest 24-hour period has brought several noteworthy updates. Hyperliquid (HYPE) market share on Binance expanded from 2% to 9% of the exchange’s perpetual trading volume, highlighting a shift in user preference. This coincided with a report from Token Terminal indicating that daily trading volume dropped from $150 million to $50 million.

On the other hand, the Pepe price prediction continues to be a subject of debate, with some predictions suggesting the meme coin could reach $1. However, others advise caution due to the volatility inherent in meme-focused tokens.

In other news, BlockDAG's X1 app has crossed the 500,000 active user mark faster than expected, and it's no small feat. The app, designed for mobile users to mine BlockDAG (BDAG) coins without needing any technical expertise, has seen a massive influx of users, especially after the successful presale.

The BlockDAG presale has now raised over $199 million, selling 18.5 billion coins since launch. The presale price currently stands at $0.0248 for batch 27, and anticipation is high for the upcoming mainnet launch, which could send the price soaring.

Active users on the X1 app have been diligently stacking 20 BDAG coins daily, thanks to the app's user-friendly interface and the simple mining process. This stands in stark contrast to the common perception of crypto mining, which often involves complex setups and technical jargon.

The app's design on Android and iOS devices kicks down barriers usually faced by crypto beginners, making it easier for them to join the crypto world. This factor, along with the successful presale, has contributed to the trust in the project's ecosystem.

As Mainnet launch approaches, analysts are predicting that the BDAG price could skyrocket, especially with mining rewards set to increase after launch.

Those who missed out on the early presale batches can still join the presale and mine BDAG coins effortlessly using the X1 app.

Visit the BlockDAG Presale

The crypto market is known for its rapid changes, and several interesting developments have occurred over the past 24 hours. Hyperliquid (HYPE) market share on Binance expanded significantly, shifting from 2% to 9% of the exchange's perpetual trading volume. This substantial increase in market share may indicate a broader preference for decentralized platforms among traders.

Furthermore, the Pepe price prediction has become a lively topic among traders, with some suggesting a wild moonshot to $1. However, others advise caution, considering Pepe's past volatility. The prediction estimates also depend on social media sentiment and broader market patterns, leaving room for both excitement and skepticism.

In other news, BlockDAG's X1 app has crossed 500,000 active users faster than expected, a testament to the app's popularity. The app allows users to mine BDAG coins without needing any mining rigs or technical knowledge, making it accessible to crypto beginners.

This unique feature, along with the successful presale, has seen a massive influx of users. The presale has now raised over $199 million, selling 18.5 billion coins since launch. The current price for batch 27 is $0.0248.

Active users on the X1 app have been diligently stacking 20 BDAG coins daily, enjoying the simplicity of the process. In contrast, the common perception of crypto mining often involves technical headaches and complicated setups, especially for new-age coins like BTC or ETH.

The X1 app's design on Android and iOS devices kicks down barriers usually faced by crypto beginners, making it easier for them to join the world of cryptocurrency, especially with the increasing interest in on-chain assets. This factor, along with the successful presale, has contributed to the trust in the project's ecosystem.

As the upcoming Mainnet launch approaches, analysts are predicting that the BDAG price could skyrocket, especially with mining rewards set to increase after launch.

For those who missed out on the early presale batches, there's still an opportunity to join the presale and mine BDAG coins effortlessly using the X1 app.

The post Crypto Market Updates: Hyperliquid Market Share Surges, Pepe Price Prediction Sparks Debate, and BlockDAG X1 App Crosses 500K Users appeared first on Benzinga.