Hyperliquid's HYPE Token Surpasses Dogecoin in Market Cap
As of late May 2026, Hyperliquid’s HYPE token has surpassed Dogecoin (DOGE) to enter the top-10 largest cryptocurrencies by market capitalization. With a price near $70 and a valuation between $15.4 billion and $17 billion, HYPE is gaining traction due to its utility-driven model, real usage metrics, deflationary mechanisms, and regulatory progress.
Topics: DOGE HYPE Hyperliquid meme coins utility tokens