HYPE skyrocketed 1200%! A short-term correction may lure shorts, but the long-term target aims at $125!
HYPE coin is experiencing explosive growth! Current price is $42.18, up 6.5% in 24 hours, soaring 23% in a week, and a staggering 68% increase in 30 days, with a jaw-dropping 1200% rise over six months, and unprecedented market enthusiasm! Technical indicators show strong bullish momentum, and the overall trend is bullish, but investors should remain cautious.
In the past 30 days, revenue reached $64.8 million, surpassing Ethereum and TRON, with an astonishing 97% of the revenue used for repurchasing HYPE tokens, greatly enhancing the value for holders. Despite the price peaking at $44, the Hyperliquid redemption queue has become subdued, indicating that holder confidence remains rock-solid, which is extremely rare.
Analysts warn that a healthy correction may occur in the short term, potentially dropping to $30-36, which would instead present a good buying opportunity for investors. In the long term, with the rapid upgrade of platform usage and smartphone applications, and its dominating 70% share of the global DEX derivatives market, HYPE is expected to break through the historical high of $43.86, with a target set at $90.72 by the end of 2025.
Moreover, CoinCodex is optimistic about a price breakthrough of $103 in 2026, and CoinDCX is even bolder, predicting $85 in 2025, and soaring to $125 in 2026. HYPE could become the next crypto giant! Currently, the daily trading volume reaches $11 billion, with an open interest of $10.1 billion, firmly holding the position as the fifth largest derivatives exchange. Binance's attention may further boost trading volume by 20%, challenging the top exchange status.
Want to seize this golden opportunity in the crypto market? HYPE is absolutely not to be missed!
