A crypto analyst is predicting a big jump for Hyperliquid (HYPE), a decentralized exchange altcoin.
HYPE’s Potential 150% Surge
Altcoin Sherpa, a popular analyst with a large following on X (formerly Twitter), believes the HYPE token could skyrocket by 150%. He recently bought some HYPE, noting its utility and upward trend. He suggests a price of $50 is possible if Bitcoin remains stable and market conditions stay favorable. Currently trading around $20, HYPE is already up over 6% in the last 24 hours.
The End of Four-Year Cycles?
Sherpa also suggests the traditional four-year crypto cycles, tied to Bitcoin’s halving events, might be a thing of the past. He predicts more volatile price swings for altcoins, with potential drops of 50-90% followed by significant gains within the next three to six months.
Disclaimer: This is not financial advice. Investing in cryptocurrencies is risky. Always do your own research before investing.
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