While Bitcoin, Ethereum, and XRP bleed support levels, one token is printing green. Hyperliquid’s HYPE is trading at above $45, posting more than 6% gain. Meanwhile, a full leverage meme presale, Maxi Doge, is approaching its $5 million raised milestone. Coinbase’s listing roadmap announcement injected fresh optimism into HYPE’s, while speculation around HYPE-linked ETFs and ETPs, such as Bitwise, has amplified institutional attention. Hyperliquid also turned deflationary after last month’s burn of 43.4M HYPE valued at $1.96B. INSIGHT: The recent $HYPE Bitwise ETF launch has pushed the token back to an $11B market cap. pic.twitter.com/3Izp7HJAf7 — CoinGecko (@coingecko) May 18, 2026 For now, 100% of protocol fees are directed toward buybacks, generating an estimated net daily supply reduction of 16,484 tokens. Arthur Hayes publicly set a $150 HYPE target for August 2026, framing the thesis around real fee flows from on-chain perps dominance. HYPE holds 44% perpetuals market share on-chain, which insulates it from the sentiment-driven volatility crushing majors. Discover: The best crypto to diversify your portfolio with $50 or Bull Fakeout? HYPE is trading within a well-defined ascending parallel channel, having rebounded sharply from the lower support zone near $39 before reclaiming $45. The 24-hour range ran from $41 to $47, with more than $600M in volume confirming genuine participation. Technically, the structure is constructive. EMA-20 sits at $42 and EMA-50 at $40, both below the current price, delivering a bullish EMA composite. RSI (14) reads a neutral 55, suggesting momentum without overextension at the indicator level. Price is, however, pressing above the upper Bollinger Band, a short-term overextension flag worth watching. HYPE USD, TradingView Key resistance sits at $47. A confirmed close above that level opens a path toward $50, with the all-time high of $60 representing roughly +27% upside from current levels. Discover: The best pre-launch token sales Maxi Doge Targets Early Mover Upside as Hyperliquid Tests Key Levels HYPE’s 10% day is alpha, but at a $11B market cap, the upside math requires significant new capital to move the needle meaningfully. Early-stage opportunities carry different math entirely. That calculus is exactly where Maxi Doge ($MAXI) is positioning itself. Maxi Doge is an ERC-20 meme token built around a 240-lb canine embodying a 1000x leverage trading culture. It embodies gym-bro humor that meets on-chain degeneracy, packaged with actual utility mechanics. WHEN THE TIME IS RIGHT, FAM. pic.twitter.com/x4ICReH5yi — MaxiDoge (@MaxiDoge_) May 12, 2026 The presale has raised $4.7 million at a current price of $0.0002819 . Staking is live with a dynamic APY. Features include holder-only trading competitions with leaderboard rewards, a Maxi Fund treasury for liquidity and partnerships, and meme-first marketing built to spread. “Never skip leg-day, never skip a pump.” The leverage-king identity isn’t arbitrary. It mirrors the exact trader psychology driving HYPE’s derivatives dominance, aggressive, competition-oriented, structurally designed around on-chain trading culture . Research Maxi Doge before the next stage price adjustment. The post Hyperliquid The Only Green Coin: Maxi Doge Follows With Full Leverage Trading appeared first on Cryptonews .