Could $HYPE reach $300 by 2028?
Multicoin Capital believes it can. The investment firm says it's still accumulating $HYPE and considers it one of the largest positions in its liquid fund.
According to its base-case forecast, HYPE could reach $319 by 2028, driven by Hyperliquid's ecosystem growth, rising protocol revenue, and its daily token buyback mechanism. 👀
As a quick reminder, HYPE is currently trading around $63.43. From a technical perspective, the chart still looks constructive despite the recent pullback.
Of course, $300 is a very ambitious target - it would require both continued protocol growth and a favorable crypto market over the next few years.
What's your long-term target for HYPE?
Multicoin Capital believes it can. The investment firm says it's still accumulating $HYPE and considers it one of the largest positions in its liquid fund.
According to its base-case forecast, HYPE could reach $319 by 2028, driven by Hyperliquid's ecosystem growth, rising protocol revenue, and its daily token buyback mechanism. 👀
As a quick reminder, HYPE is currently trading around $63.43. From a technical perspective, the chart still looks constructive despite the recent pullback.
Of course, $300 is a very ambitious target - it would require both continued protocol growth and a favorable crypto market over the next few years.
What's your long-term target for HYPE?