Layer-1 decentralized exchange Hyperliquid (HYPE) is showing strength on November 18, rising on the 24-hour chart by 6% to hit $40. It’s also up 3% on the 7-day chart 9% over the 14-day period.
From launch on November 29, 2024, HYPE rose by 536%, highlighting the profits traders can accumulate through being early. It’s no surprise, therefore, that gem hunters are currently looking for fresh launches and presales for outsized gains, with Web3 gaming token EV2 among the standout projects currently gaining traction.
Here we take a deeper look at the current crypto market, examining where the HYPE token is headed next, and why the EV2 token sale is looking sweet.
HYPE Token’s Steady Climb
With crypto markets in a state of flux, the overall picture for HYPE holders is hugely positive.
As October closed, many infrastructure projects witnessed a price dip, and though Hyperliquid was not immune to the vagaries of crypto’s most fickle speculators, signs suggest the coin is stable at around $40.
The question now is “Where is HYPE headed to next?”
Data shows whales currently accumulating Hyperliquid’s native token even as some retail holders sold. Centralized exchange OKX launched HYPE spot trading last week, potentially explaining at least some of the liquidity inflows from whales.
Smart money is betting on HYPE for the longer play, and that is reflected in chart action, as key technical indicators point to sustained growth.
On the daily RSI, HYPE is rising to the 50 mark, having fallen to 41 on November 17. The daily MACD also shows the signal line once again crossing over the MACD line, passing it for the first time since October 23.
The HYPE token traded for as much as $58 as recently as September 19, and there’s good reason to believe it could recapture $50 in the short term. Over a longer timeframe, HYPE is predicted to more than 2x as it cements its position as the onchain perps daddy.
Market bears should examine the key support level for HYPE which comes at $36. If HYPE were to fall below this resistance line the next support level wouldn’t come until $30, although this scenario looks very unlikely.
Crypto’s Next Big Thing
With Hyperliquid accentuating the positives of the current crypto climate, attention is turning to the launch and presale market as investors seek to fill their bags on the next 10x or more.
One particularly promising upstart is EV2 from the respected Web3 development team Funtico.
Funtico is already a well-established and highly regarded developer on Avalanche. Their latest offering stands out partly because Funtico is launching the $EV2 presale on Ethereum, introducing a whole new audience to their brand and broadening the studio’s appeal right across the blockchain space.
EV2 is a space shooter set to launch as early as Q2 of 2026, with the team hoping to bring a dose of AAA gloss and high-production standards to Web3 gaming. That’s something that blockchain gaming could certainly do with more of.
Funtico stresses the blockchain elements of the project merge seamlessly with gameplay, making the onboarding process simple and seamless.
Thanks to its strong fundamentals, short development cycle, and detailed roadmap, EV2 is currently generating hype in the cryptosphere, capturing the attention of eagle-eyed investors scoping the market for the next big thing.
$EV2 can be purchased with a range of cryptos including ETH, USDT, BTC, BNB, SOL or with credit card, helping once more to onboard less crypto-savvy buyers. EV2 can also be purchased with SUPER tokens, the native token of the Web3 partner network SuperVerse.
Funtico says more on the SuperVerse collaboration, as well as major media partnerships and influencer campaigns, will come in Q1 2026.
The Bulls Have It
November has been a month of mixed fortunes for traders, with PnL naturally depending on which token investors choose to hold. While majors like Bitcoin (BTC) and Ethereum (ETH) are trading down for the month (albeit with CoinCodex predicting BTC to rally significatly by the month’s end) holders of Hyperliquid (HYPE) and privacy-token Zcash (ZEC), the latter of which is up 175% in the past month, have reason to remain bullish.
The performance of HYPE and the excitement generated by EV2 justify trader optimism concerning what comes next in November.
Website: https://ev2.funtico.com/
