HYPE Token Price Tests $37; Will This Altcoin Hit ATH Soon?

The Hyperliquid (HYPE) token price is currently trading at $37.65 with a notable 15.75% daily increase. High intraday trading volume of over 80.5%, suggests significant market attention for the HYPE token. Just eight days ago, the token achieved a new high of $39.930, but has since retraced by around 6.15%. Market analysts are now wondering if this altcoin will reach its all-time high (ATH) within the week.