In a transfer that’s turned heads throughout the crypto market, Arthur Hayes, former CEO of BitMEX and longtime market commentator, has thrown his weight behind HYPE, the native asset of the decentralized derivatives trade Hyperliquid.
Hayes didn’t simply specific curiosity—he set a daring goal: $100 per token.
The endorsement gained traction quick. Inside a day of his feedback, HYPE jumped greater than 16%, climbing to $32.50 as merchants started piling in. Market watchers rapidly tied the spike to Hayes’ vocal assist and the rising visibility of the Hyperliquid platform.
Fueling the momentum, Hayes cited a significant place by high-profile dealer James Wynn, who not too long ago opened a $1.1 billion lengthy on Bitcoin by means of Hyperliquid with 40x leverage—a present of confidence within the platform’s robustness and liquidity.
“That commerce says all the pieces in regards to the belief top-tier merchants have in Hyperliquid,” Hayes remarked. “No higher advertising for HYPE than that.”
Identified for his high-conviction predictions and blunt market commentary, Hayes has a historical past of pushing early narratives that later acquire traction. His rallying cry round HYPE has now captured the eye of speculators and retail traders alike.
Whether or not HYPE reaches triple digits stays to be seen, however for now, it has one thing many altcoins are chasing: momentum, consideration, and a strong endorsement.
