Analyst Predicts 150% Surge for Hyperliquid’s HYPE Token
- Altcoin Sherpa, a pseudonymous analyst, forecasts a potential 150% increase in Hyperliquid’s HYPE token.
- The current trading price of HYPE is $20.10, marking a 6.3% rise in the last 24 hours.
- The analyst purchased a small position in HYPE on April 30th.
- Traditional four-year crypto cycles may be over, with altcoins expected to experience more volatile price movements.
Altcoin Sherpa suggests that Hyperliquid’s utility token, HYPE, could see significant gains if Bitcoin maintains healthy trading conditions. The token is currently priced at $20.10, reflecting recent positive movement.
Source (2.6)https://dailyhodl.com/2025/05/02/trader-says-top-30-decentralized-exchange-altcoin-could-surge-by-150-if-bitcoin-remains-healthy/?rand=59076