In a move that’s turned heads across 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 exchange Hyperliquid.
Hayes didn’t just express interest—he set a bold target: $100 per token.
The endorsement gained traction fast. Within a day of his comments, HYPE jumped more than 16%, climbing to $32.50 as traders began piling in. Market watchers quickly tied the spike to Hayes’ vocal support and the rising visibility of the Hyperliquid platform.
Fueling the momentum, Hayes cited a major position by high-profile trader James Wynn, who recently opened a $1.1 billion long on Bitcoin through Hyperliquid with 40x leverage—a show of confidence in the platform’s robustness and liquidity.
“That trade says everything about the trust top-tier traders have in Hyperliquid,” Hayes remarked. “No better marketing for HYPE than that.”
Known for his high-conviction predictions and blunt market commentary, Hayes has a history of pushing early narratives that later gain traction. His rallying cry around HYPE has now captured the attention of speculators and retail investors alike.
Whether HYPE reaches triple digits remains to be seen, but for now, it has something many altcoins are chasing: momentum, attention, and a powerful endorsement.
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