Crypto trader sees Hyperliquid, AI tokens leading next altcoin rally

CoinDesk3h agoUpdated 2h ago
Crypto trader sees Hyperliquid, AI tokens leading next altcoin rally
Smart Read

Hyperliquid’s surge and renewed interest in AI-focused crypto projects are signaling a broader return of risk appetite in altcoins, says Michael van de Poppe....

Key takeaways

  • 1Hyperliquid's HYPE token hit all-time high after two U.S. ETF launches; analyst predicts potential $100+ price if market appetite strengthens.
  • 2AI crypto tokens like NEAR and Bittensor remain undervalued versus traditional AI companies; NEAR revenue projected to grow from $10M to $100M.
  • 3European traders increasingly use Hyperliquid for perpetual futures access due to regulatory restrictions on European exchanges.

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Why it matters

Indian retail investors face similar regulatory constraints on derivatives trading; Hyperliquid's growth and AI token valuations signal emerging alternatives for accessing higher-risk crypto assets beyond traditional exchange limitations.

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