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Crypto

Dogecoin upper resistance rejected again, risk of drop to $0.0883

Dogecoin has entered a near-term turning point after slipping toward a key support area around $0.1020. Market analyst Ali Martinez said the token is being tested at a price zone that overlaps the midpoint of a parallel channel and the 50-day simple moving average. Failure to break resistance near $0.1156 has kept pressure on the price. Martinez warned that a clear loss of $0.1020 could open the way to $0.0883.

Crypto

Hyperliquid token HYPE seen at $250, but Santiment warns of overheating risk

Hyperliquid’s token HYPE has set fresh record highs and risen to ninth place by market value, overtaking Dogecoin, as some social media accounts talk as if $250 is assured. Market analytics firm Santiment warned that optimism on social platforms is running ahead of actual market conditions and urged caution over overheating sentiment. Santiment founder Maksim Balashevich noted HYPE is around $64 and would need about a 290 percent gain to reach $250.

Finance

SK Hynix market cap tops $1 trillion, second in Korea after Samsung Electronics

SK Hynix has surpassed a $1 trillion market capitalisation for the first time, becoming the second listed company in South Korea to do so after Samsung Electronics. SK Hynix shares rose 9.41 percent to 2,245,000 won as of 9:10 a.m. on May 27, the Korea Exchange said. Its market value expanded to 1.60 quadrillion won, equivalent to about $1.06 trillion at an exchange rate of 1,503.10 won per dollar.