Sherpa, a highly followed crypto analyst, has forecasted a significant surge for the altcoin Hyperliquid (CRYPTO: HYPE).
What Happened: In a post on X, Sherpa shared his bullish perspective on Hyperliquid. The crypto analyst anticipates that HYPE, a utility token of the decentralized open financial system, could surge by at least 116% from its current level before the end of this cycle.
Despite seeing potential in HYPE, Sherpa advises his followers to gradually scale in their positions. He also mentioned, “Not one to give you a 10x at these current levels for this cycle in my opinion but could still be …
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