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Can the Hyperliquid token continue to show strength? Check out our Hyperliquid price prediction below.
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Hyperliquid (HYPE), is one of the largest players in the decentralized perpetual futures trading industry. The price of HYPE has shown good strength in a time when most altcoins have made new lows in the cryptocurrency market.
Since its launch on Nov. 29, 2024, the HYPE token has seen an all-time high of $34.96 followed by a 31% drop in price. At the time of writing, it is now trading at $23.868, which is around a 19% increase from its weekly low.
In this article, we’ll discuss the Hyperliquid price prediction by giving you its short and long-term price projections, and explore whether this cryptocurrency can continue its bullish run.
What is HYPE?
Built on its own layer-1 blockchain, Hyperliquid is a decentralized exchange (DEX) that provides traders with quick transactions, cheap costs, and sophisticated trading tools including eternal derivatives.
Jeff Yan, a former co-founder of the centralized exchange Chameleon Trading, and Iliensinc, both Harvard classmates, founded Hyperliquid Labs. Their team consists of experts from Caltech, MIT, Citadel, and Hudson River Trading.
Following the collapse of FTX, which created a need for a derivatives exchange, Yan and his team decided to stay self-funded, ensuring independence from venture capital and concentrating on providing an effective, transparent trading platform.
The platform is a fully on-chain order book, which allows for transparent, real-time, and latency-free trading of digital assets, in contrast to many other decentralized exchanges.
Now let’s discuss the Hyperliquid coin price prediction for 2025 and 2030.
HYPE crypto price prediction
What can be a realistic projection for the HYPE token? Let’s dive into the Hyperliquid price prediction for 2025 and beyond.
HYPE coin price prediction: short-term outlook
According to CoinCodex’s HYPE price expectation for the near future, the token is projected to rise by 32.93%, possibly hitting $31.89 by Feb. 12, 2025.
As of Feb. 7, 2025, the overall sentiment of the HYPE coin price forecast remains bearish with the Fear & Greed index showing 44, which comes under the fear category.
Now let’s discuss the HYPE coin crypto price prediction collected from different sources to give you a diversified outlook for the token’s future.
HYPE price prediction 2025
According to DigitalCoinPrice the price of HYPE could swing between an estimated range of $21.39 and $52.22 by the end of the year.
Drawing insights from investor sentiment, CoinCodex’s HYPE price prediction for 2025 mentions the range of $ 24.42 and $116.50.
Based on the analysis of HYPE’s prices over previous months, Telegaon anticipates that in 2025, the HYPE token can range between $26.04 and $55.12.
It is a fact that the HYPE token has shown relatively more strength than other altcoins in the continued dump we are witnessing. However, this does not guarantee that it can continue its strong upside in 2025, as a lot of global events and project advancements will decide its price in the near future.
It is advisable to do your research before investing in this token or any other cryptocurrency, to avoid any unwanted surprises down the road.
HYPE price prediction 2030
As per CoinCodex’s Hyperliquid coin price prediction for 2030, HYPE’s price could vary between $66.14 and $102.01 .
DigitalCoinPrice expects that HYPE’s price could climb to $113.22 or $130.31 by the end of 2030.
Telegaon predicts that by 2030, the HYPE token could range between $137.05 and $172.58.
Before trusting any source that is trying to predict Hyperliquid price prediction for 2030, you should understand that it is a cryptocurrency and like all other tokens, the HYPE token’s price can be highly volatile.
This means that no one knows if this token can survive the next five years as there have been many instances where crypto tokens have lost their entire value while some are clear cases of rug pull. You should also note that crypto tokens experience higher volatility than other financial markets and this can cause big price fluctuations in its price.
Is Hyperliquid a good investment?
Before investing in any cryptocurrency including the HYPE token, please identify and understand the inherent risks that can come due to market volatility.
Also, it should be noted that cryptocurrencies, in general, are a highly speculative investment, and their success not only relies on market volatility but also on the constant and sustainable growth of their technology. Hence it is advisable to do your research on the token’s fundamentals which may very well decide the future of the HYPE token.
Will Hyperliquid go up or down?
Cryptocurrencies in general experience rapid price swings that are directly driven by market sentiments, community engagement, events like token burns, and so on.
While it is hard to determine how high the HYPER token will go, it is important to look out for potential buying factors that may include new partnerships, increased token holders, or viral campaigns in general.
It is also vital that you rely on financial experts and consult them for Hyperliquid crypto price prediction, but even after all that, you should remain cautious as no one can accurately predict how high or low HYPE can go.
Should I invest in Hyperliquid?
Before investing in any cryptocurrency or trusting any Hyperliquid price forecast, please identify and understand the inherent risks that can come due to market volatility. Also, it should be noted that cryptocurrencies in general are a highly speculative investment and their success not only relies on market volatility but also on the constant and sustainable growth of its community. Hence it is advisable to do your research on the token’s fundamentals which may very well decide the future of the HYPE token.
This article first appeared at crypto.news
