Look at the marketcap, $14B+, expectations are high,,
The fundamentals of this token seem much stronger and more suitable to me than those that are heating up the market with hype. They are actually making something that trader are using regularly every day. If the onchain derivatives market continues to strengthen day by day and if they can properly implement their ecosystem expansion plan then this HYPE token has a chance to run much further in a strong bull market. My prediction is that it can go up to $75 to $100.
However it would not be right to jump into the current level of FOMO after such a big spike or price increase. Whenever the market starts to go down again I may buy some and wait for a healthy pullback.
This can be said to be an anomaly because the increase is outside of the bull market schedule, it is like an exception for those whose project prospects are good even in a bear market.
The fundamentals of this token cannot be underestimated, they have a very good mechanism, especially in the governance of their tokens which are consistently buying back, as innovations for their ecosystem increase and they make this Hype token have more utility, the better it should be.
$100 is too high in my opinion, at most I think it can reach $80, because honestly the market is still very sluggish and people will not be excessive fomo, unless there is news that really gives a very positive sentiment.
