Bitwise calls HYPE a ‘Gen 2’ crypto token, says its undervalued
The Block·
60-second summary
Bitwise is calling HYPE a 'Gen 2' crypto token, indicating a new generation of decentralized finance assets. The asset manager has launched a HYPE-based exchange-traded fund, which will use some of the generated fees to buy the token, further increasing demand. This move suggests HYPE's undervaluation and potential for growth in the market.
The asset manager recently launched a HYPE-based exchange-traded fund and said it will use some of the fees generated to buy the token.