BlockBeats News, June 1st, according to HTX market data, HYPE broke through $72 to hit a new all-time high, reaching as high as $72.955 at one point, and is now trading at $71.76, up over 6.1% in the past 24 hours, with an increase of over 80% since May 1st.

The current market capitalization is reported to be $16 billion, surpassing Dogecoin DOGE to rank 7th on the cryptocurrency market cap list (excluding stablecoins), with a Fully Diluted Valuation (FDV) of $687 billion.