Hyperliquid's HYPE Flips Dogecoin by Market Cap, Breaking Into Crypto Top 10
HYPE, the native token of Hyperliquid's decentralized exchange ecosystem, has moved ahead of Dogecoin by market capitalization and is now listed among the top 10 cryptocurrencies. The shift follows sustained gains in HYPE alongside comparatively softer performance in DOGE. The article highlights Hyperliquid's on-chain perpetuals focus and Bitwise's BHYP spot Hyperliquid ETF as key narratives being watched as the ranking battle evolves.