Bitwise CIO Says Hyperliquid Is Just Getting Started Despite 14% HYPE Gain
JH Kim
Summary
- Matt Hougan, Bitwise's chief investment officer, said Hyperliquid (HYPE) still has room to grow even after its price rose 14%.
- He said Hyperliquid's recent price rally is "just the beginning," underscoring its growth potential.
- He also said 99.9% of Americans are unaware of Hyperliquid, arguing that its low public awareness could leave more room for future growth.
Forecast Trend Report by Period
Matt Hougan, chief investment officer at Bitwise, said Hyperliquid's HYPE token still has room to grow despite a 14% rise in price.
Cointelegraph reported on October 29 that Hougan described the token's recent rally as "just the beginning."
He added that 99.9% of Americans do not even know Hyperliquid exists.
Hougan cited Hyperliquid's low public awareness as evidence that it still has room to expand.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.