Multicoin Capital Predicts HYPE Token Could Reach $319 by 2028, Up 400% From Current Price

HYPE-1.30%
According to Multicoin Capital, Hyperliquid's HYPE token could reach approximately $319 by 2028, implying more than 400% upside from its current price near $63. The investment firm's base case assumes Hyperliquid generates roughly $8 billion in annual profit by 2028, valued at about 20 times earnings. Multicoin disclosed it has been buying HYPE aggressively since February, building one of the largest positions in its liquid hedge fund.
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