Arthur Hayes sees HYPE rising to $150

BitMEX co-founder Arthur Hayes predicted that HYPE, the token of decentralized crypto derivatives exchange Hyperliquid, could rise to $150. He noted that while computers at traditional asset exchanges are idle over the weekend, trading is always available on Hyperliquid. He added that amid geopolitical tensions in the Middle East, the asset to watch this weekend is the CL-USDC crude oil perpetual future. Hayes is known to have been accumulating a significant amount of HYPE since last year. According to CoinMarketCap, HYPE is currently trading at $31.02, up 1.43%. To reach $150, the token would need to rise approximately 400% from its current price.