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Bitwise CIO Says Hyperliquid Is Just Getting Started Despite 14% Gain

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Summary

  • Matt Hougan, Bitwise's chief investment officer, said Hyperliquid (HYPE) still has room to grow even after its price rose 14%.
  • Hougan said Hyperliquid's recent rally is "just the beginning," indicating the move is still in its early stages.
  • He said Hyperliquid still has room to grow because awareness remains low, with 99.9% of Americans unaware of its existence.

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Matt Hougan, chief investment officer at Bitwise, said Hyperliquid's HYPE token still has room to grow despite a 14% price gain.

Cointelegraph reported on October 29 that Hougan said Hyperliquid's recent price rise is "just the beginning."

He added that 99.9% of Americans do not even know Hyperliquid exists.

Hougan cited Hyperliquid's low public awareness as evidence that it still has room to grow.

Photo: Shutterstock
Photo: Shutterstock

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