Arthur Hayes, former CEO of BitMEX and one of crypto’s most influential voices, has thrown his support behind one altcoin from top 100.
In a recent social media post, Hayes made a bold price prediction of $100 for HYPE, sparking immediate market reaction.
The token surged over 17% in the past 24 hours, climbing to $32.50 as trading volume and social sentiment spiked.
“This is the best advertisement for HYPE,” Hayes wrote. “Let’s take this altcoin to $100.”
Hayes’ endorsement came as he highlighted a massive move by popular trader James Wynn, who reportedly opened a $1.1 billion long position on Bitcoin using 40x leverage on the Hyperliquid platform. Hayes cited this as a sign of growing trust in Hyperliquid’s infrastructure and execution.
“Top investors are clearly backing this platform,” Hayes noted, referencing the size and risk appetite of Wynn’s trade.
Hyperliquid has recently emerged as a high-performance decentralized exchange gaining traction among advanced traders, particularly due to its low latency, deep liquidity, and non-custodial architecture. With Hayes now amplifying its native token, HYPE may find itself at the center of the next altcoin narrative.
While HYPE remains highly volatile, its rising momentum and influential endorsements have drawn attention from traders seeking asymmetric opportunities in the altcoin market.
As the broader DeFi sector shows signs of revival, HYPE’s trajectory may depend on continued adoption of Hyperliquid’s trading infrastructure—and the voices, like Hayes’, willing to push it forward.
Kosta Gushterov
Reporter at Coindoo
Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.
Source: https://coindoo.com/arthur-hayes-backs-top-100-altcoin-and-gives-his-price-prediction/