Arthur Hayes: HYPE token is expected to rise to $150 by August this year, approximately five times its current price.

CoinFeed reported on March 10th that BitMEX co-founder Arthur Hayes stated in a recent blog post that Hyperliquid (token HYPE) is a high-quality altcoin worth watching in the current market environment. He pointed out that Hyperliquid is the largest revenue-generating project, with 97% of its revenue used to buy back HYPE tokens from the market, the highest percentage in the cryptocurrency space. He believes that if the market believes HYPE can continue to attract trading volume from centralized exchanges and add new features to accelerate revenue growth, its price is expected to rise. Hayes set a target price of $150 by August 2026, approximately five times the current price of $30. His model assumes that Hyperliquid's 30-day annualized revenue will grow from $843 million in March to $1.4 billion in August, primarily driven by the HIP-3 protocol.