Arete Capital partner predicts HYPE will surpass $100 within 12 months

McKenna, a managing partner at digital asset investment firm Arete Capital, predicted on X that Hyperliquid (HYPE) appears technically poised to trade above $100 within 12 months, given its recent upward trend. He noted that HYPE is continuing its rally after recently hitting a new all-time high. According to McKenna, a spot HYPE ETF has launched, and traditional finance seems willing to pay the price. He added that considering HYPE's market capitalization, the ETF inflows are stronger than those of any other ETF.