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HYPE Breaks Above 63 USDT to New High, OKX Data Shows

The token later traded at 62.836 USDT after a 12.58% gain in 24 hours, according to OKX (crypto exchange).

USDT
HYPE

Summary

OKX (crypto exchange) data shows HYPE briefly rose above 63 USDT (Tether, a dollar-linked stablecoin) to set a new high before easing slightly to 62.836 USDT. The token was still up 12.58% over the previous 24 hours, reflecting strong short-term momentum in its market price.

Terms & Concepts
  • USDT: Tether, a stablecoin designed to track the U.S. dollar.
  • 24-hour price change: The percentage move in an asset’s price over the past day.
  • new high: A price level above all recent or recorded trading levels.