Hyperliquid, Uniswap and Worldcoin buck crypto slump as traders chase AI, DeFi trends
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Bitcoin BTC $ 65,736.29 and the broader crypto market has cooled off on Tuesday, but a handful of tokens continued their surge.
Key facts
- In May, combined exchange volumes fell 3.45% to $4.41T; the lowest since September 2024
- He initiated coverage with a $100 price target for UNI by 2030, implying roughly 30 times upside from current levels
- HYPE surged as much as 13% to a fresh record above $76 before paring some gains
- Worldcoin's WLD token gained 12%, pushing its monthly advance to roughly 180%
Summary
HYPE, UNI, WLD posted double-digit gains while bitcoin and most of the crypto market drifted lower. Hyperliquid is benefiting from enthusiasm around onchain exchanges, while Worldcoin remains one of the market's most popular AI-linked bets. Uniswap rallied after a major bank argued decentralized finance (DeFi) could become one of crypto's biggest growth sectors. Hyperliquid's HYPE, Uniswap's UNI and Worldcoin's WLD all posted double-digit gains, extending rallies that have made them some of this week's standout performers.