Bitwise calls HYPE ‘most mispriced’ crypto despite 77% rise this year

CoinTelegraph·

Bitwise calls HYPE ‘most mispriced’ crypto despite 77% rise this year

60-second summary

Bitwise's Matt Hougan labels HYPE as the most mispriced crypto, despite its 77% year-to-date surge, suggesting the token's value doesn't reflect its potential as a global super-app. Hougan believes the platform's scope goes beyond a traditional crypto platform, implying a significant undervaluation. This assessment could impact investor sentiment and HYPE's market capitalization.

Bitwise’s Matt Hougan says Hyperliquid’s token is not priced as if it is tied to a “global super-app,” arguing the platform is more than just a crypto platform.