Hyperliquid’s HYPE one of crypto’s most undervalued assets, says Bitwise
CoinDesk·
60-second summary
Hyperliquid's HYPE is being undervalued by the market, according to Bitwise, as it's being mispriced as a niche derivatives exchange, whereas it's actually a fast-growing "super-app" for global trading markets, with potential for significant growth and adoption. This mispricing could lead to a potential revaluation of HYPE's value in the crypto market.
The crypto asset manager argued the market is mispricing Hyperliquid as a niche derivatives exchange instead of a fast-growing “super-app” for global trading markets.