HYPE, AI tokens could lead next altcoin season, says analyst

Hyperliquid's native token HYPE and AI-related cryptocurrencies could lead the next altcoin season as risk appetite shows signs of recovery in the crypto market, according to an analysis. Prominent crypto analyst Michaël van de Poppe noted that the recent bullish trend in HYPE and growing interest in AI cryptocurrencies suggest that market risk-on sentiment is reviving. He added that Hyperliquid is strengthening the on-chain asset tokenization trend by expanding into tokenized stocks, commodities, and pre-IPO assets. Van de Poppe believes HYPE could surpass $100 if market sentiment continues to improve, also stating that NEAR and Bittensor (TAO) are significantly undervalued in the AI sector.