11-20
PEPE May Rally 12-15% Amid Technical Setup Despite Memecoin Sector Decline
PEPE has traded in a downtrend since late September, but technical indicators point to a possible short-term rebound of 12-15% toward key resistance levels. The Stochastic RSI has formed a bullish crossover, while accumulated short liquidation positions have grown significantly. These conditions could trigger a relief rally before the broader bearish trend continues, according to chart analysis.
PEPE
PEPE+3.96%
11-20
10-23
HYPE Token Climbs 7% Following Hyperliquid Strategies' $888 Million Merger Completion
Hyperliquid's HYPE token rose 7.25% to $37.24 over 24 hours while Bitcoin fell 2.07% for the week to $108,848.27. Nasdaq-listed Sonnet BioTherapeutics completed an $888 million reverse merger with Rorschach I LLC on October 22, creating Hyperliquid Strategies Inc. The new entity holds approximately $583 million in HYPE tokens and plans to raise $1 billion through a 160-million-share offering to fund additional token acquisitions.
A
A+1.40%
10-23
10-23
Hyperliquid Strategies Files to Raise $1 Billion for HYPE Token Acquisitions
Hyperliquid Strategies filed an S-1 registration statement with the SEC on Wednesday to raise up to $1 billion through a 160 million share offering. The company, formed from the merger of Nasdaq-listed Sonnet BioTherapeutics and Rorschach I LLC, plans to use proceeds for additional HYPE token purchases and corporate expenses. Upon completion, the entity will hold 12.6 million HYPE tokens valued at approximately $470 million, positioning it as the largest corporate holder of the token.
A
A+1.40%
10-23
10-22
Major Holders Accumulate 13 Million LINK Tokens as Chainlink Expands Cross-Chain Infrastructure
Major cryptocurrency holders accumulated approximately 13 million Chainlink (LINK) tokens over the past week, data show. Decentralized fixed-income platform Treehouse integrated Chainlink's Cross-Chain Interoperability Protocol (CCIP) to enable asset transfers across multiple blockchain networks. LINK traded at $17.45 with a 24-hour volume of $1.2 billion at the time of reporting.
LINK
LINK+6.64%
10-22