Hyperliquid News Today: Speculation Drives Meme Coin Rally Despite Regulatory Alerts

The crypto market saw a significant upswing in

coin trading on November 24, 2025, with PIPPIN at the forefront after soaring 80% within just two hours. The token, which had briefly jumped from $0.027 to $0.085 the day before before pulling back, has resumed its upward momentum, now trading at $0.053 and boasting a market cap of $53.15 million . This sharp price movement highlights the ongoing excitement in the meme coin space, where speculative trades and social media hype continue to shape investor sentiment.

Other standout tokens included BANANA and TNSR, both posting notable gains. BANANA climbed over 20% in just two hours, while TNSR jumped more than 50%, reflecting a broader trend of rapid surges among smaller tokens. BANANA is currently priced at $0.0036, giving it a market cap of $36.88 million, and

to $136 million. These trends are consistent with a market where Bitcoin’s relative stability has prompted traders to seek opportunities in riskier, lesser-known assets.

The meme coin rally took place alongside broader shifts in the crypto sector.

, generating $4.24 million in protocol revenue over 24 hours—a 13.3% rise from the previous day. At the same time, , as the Federal Reserve’s changing outlook on rate cuts once again favored a reduction after a period of uncertainty. Investors are also keeping an eye on token unlocks in the last week of November, such as Hyperliquid’s $327 million HYPE unlock scheduled for November 29, which could heighten short-term price swings .

Despite these gains, both analysts and regulators remain vigilant. that volatility in the sector has intensified, advising investors to manage their risks carefully. This caution comes as authorities worldwide increase their scrutiny of fraudulent activities. In India, the government that falsely depicted Finance Minister Nirmala Sitharaman endorsing a high-return investment scheme, underscoring the dangers of deepfake technology in financial scams.

The outlook for PIPPIN and similar tokens remains unpredictable. While the recent rally has drawn in retail investors, fundamental issues persist. Unlike established cryptocurrencies or blockchain initiatives, meme coins often lack clear utility or technological advancement, instead relying on social media buzz and speculative trading. This creates a fragile market, where prices are largely driven by sentiment rather than underlying value.

The wider crypto landscape is also facing regulatory challenges.

to sever its relationship with Strike CEO Jack Mallers has reignited debates about "debanking" in the crypto industry, raising questions about access to traditional financial services for crypto firms. Such moves could further divide conventional finance and the digital asset world, potentially speeding up the shift toward decentralized finance.

As the market contends with these headwinds, the meme coin boom exemplifies the high-risk, high-reward character of the crypto space. For now, investors are weighing the potential for quick profits against the risks of regulatory intervention and sudden market corrections.

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