HyperLiquid Hits $10.1 Billion Open Interest Amid Regulatory Engagement Dogwifhat Surges 8% Outpacing Dogecoin and Shiba Inu Punisher Coin Offers Real Rewards and Deflationary Model

HyperLiquid (HYPE) has recently made significant strides, achieving an all-time high of $10.1 billion in open interest and $3.5 billion in USDC TVL. This surge in activity indicates strong trader confidence in the platform, despite a brief security scare involving the project’s Twitter-linked HyperFND account. The blockchain remained secure, and the growth momentum continued unabated. The HYPE token also saw a notable increase, reaching $38.85. Additionally, HyperLiquid Labs has shown a commitment to regulatory engagement by submitting formal comments to the CFTC on perpetual derivatives and 24/7 trading, further solidifying its position in the DeFi landscape.

Meanwhile, Dogwifhat (WIF) has also been making waves in the meme coin scene. The token experienced an 8% price surge, pushing its market cap past $1 billion. This performance outpaced other major meme coins like Dogecoin and Shiba Inu, which saw increases of just under 4% and around 2%, respectively. WIF’s strong performance signals growing interest in Solana-based meme projects and positions it as a potential contender in the meme coin cycle.

However, the most intriguing development comes from Punisher Coin ($PUN). Unlike typical meme coins, $PUN is backed by a comprehensive strategy that includes real USDT rewards through Punisher Missions, viral meme creation via the Mean Meme Machine, and exclusive perks in the War Room. These missions encourage holders to engage in creative and community-focused challenges, earning them real rewards. The Mean Meme Machine provides tools for users to create viral memes, further boosting $PUN’s visibility. The War Room offers early access to missions, exclusive airdrops, and presale perks for holders with $100 or more in $PUN.

The presale for $PUN is currently in Stage 2, with tokens priced at $0.00531. A total of 2 billion $PUN tokens are available, with 33% reserved for the presale. Each stage lasts 7 days, with 26.67 million tokens allocated per stage. The final launch price is set at $0.045, providing early buyers with a significant advantage. Weekly token burns and buybacks ensure a deflationary model, setting $PUN apart from meme coins that often fade quickly. This strategic approach positions $PUN as a potential leader among the most popular cryptos, making it a project to watch closely.