Arthur Hayes just posted a lengthy article raving about HYPE.
He's currently at $30 and sees it reaching $150.
His reasons:
Revenue could return to $1.4 billion annualized within 6 months.
The P/E ratio is only 12 (Coinbase 26, CME 40).
Team selling pressure has decreased from $10 million/month to $140,000/month.
He also said he bought in at $20 and will continue to add to his position.
Does this mean… I'm going to have to watch others reach 5x again? 🤡
$HYPE