The crypto market is showing early signs of recovery following last week’s sharp downturn, with the total market cap rebounding toward $2.64 trillion. Bitcoin and Ethereum have both moved higher, trading around $78,760 and $2,320, as investors rotate back into risk assets alongside gains in traditional markets.
While most major cryptocurrencies posted modest daily increases of around 2%, Hyperliquid (HYPE) dramatically outperformed, surging more than 21% at its intraday peak before cooling slightly. One major factor behind the rally is the platform’s upcoming prediction market feature, which will allow users to speculate on real-world and crypto-related events directly through its decentralized exchange.
At the same time, investors hunting for the New Crypto to Explode are increasingly turning to presale projects with high-growth potential. One name gathering momentum is Maxi Doge (MAXI), a meme-driven token that has already raised more than $4.5 million ahead of its exchange debut.
Hyperliquid Momentum Builds After Market Rebound
Bitcoin’s stabilization at key support levels has helped restore confidence across the digital asset space. As buyers stepped in during the dip, several altcoins began to rebound — but Hyperliquid stood out with particularly strong performance.
The Layer 1 DeFi network has been expanding its ecosystem, driving higher engagement across its trading products. Daily platform revenue recently climbed to $3.39 million, marking its strongest performance since November. At the same time, total value locked (TVL) across supported networks reached approximately $4.39 billion, while daily futures trading volume pushed close to $11.8 billion.
$HYPE has clearly played out well delivering nearly 70% move from the earlier levels. After that strong rally, it's price is now moving just above its local support showing that this zone is now being respected
The current consolidation looks goof after such a sharp move and… pic.twitter.com/VTnXwDW5c0
— Elite Crypto (@TheEliteCrypto) February 2, 2026
Market commentators have noted that HYPE is under sustained bullish pressure, with some suggesting the token has already delivered gains of nearly 70% from recent lows. If Hyperliquid pushes toward new record highs, current holders could still see significant upside from present price levels.
However, as established tokens recover, many traders are also looking earlier in the risk curve for the New Crypto to Explode — particularly among presale opportunities that haven’t yet reached public exchanges.
Maxi Doge Taps Into High-Risk, High-Reward Meme Culture
Maxi Doge (MAXI) is positioning itself as a high-energy, community-led meme project inspired by Dogecoin but tailored to modern crypto traders. Its branding revolves around a muscle-bound Shiba Inu mascot and a “go big or go home” trading mentality designed to appeal to degen-style investors.
The project blends meme appeal with interactive features, including trading competitions, community challenges, and reward-based events aimed at keeping engagement high. Token holders can stake MAXI for daily rewards, while a dedicated “Maxi Fund” allocation is used to support tournaments, promotions, and ecosystem growth.
Some market analysts covering early-stage tokens have pointed out that MAXI combines strong community marketing with structured tokenomics and completed smart contract audits, which may help build trust despite the inherent volatility of meme coins.
As risk appetite returns, speculative assets often see renewed attention — a dynamic that could help position MAXI as a New Crypto to Explode if the broader market uptrend continues.
MAXI Presale Surpasses $4.5M as Staking Locks Supply
Investor interest in Maxi Doge is already visible in its presale performance. The project has raised more than $4.56 million so far, with the token currently priced at $0.0002802. Early participants who stake their holdings before the token generation event can access yields of up to 68% APY, and nearly 11 billion MAXI tokens have already been locked.
This level of early staking reduces immediate circulating supply and signals strong community commitment ahead of launch. Compared to many other early-stage tokens, MAXI’s fundraising pace suggests growing visibility among retail investors seeking high-upside opportunities.
As Bitcoin stabilizes and major altcoins like Hyperliquid rally on ecosystem growth, capital is gradually rotating back into smaller-cap and presale assets. With its low unit price, strong early backing, and meme-driven appeal, Maxi Doge is increasingly being discussed as a New Crypto to Explode in the current market cycle.