A widely followed crypto analyst says that one top-20 altcoin will eventually skyrocket by 85% while updating his outlook on Bitcoin (BTC) and the meme asset dogwifhat (WIF).
In a new thread, crypto trader Altcoin Sherpa tells his 245,800 followers on the social media platform X that layer-1 blockchain Hyperliquid (HYPE) is a standout digital asset that will eventually hit a price tag of over $50.
“Some interesting looking charts out there. HYPE is a standout, I still own zero right now but this is still one of the best projects in crypto and I will continue bull posting it. Still not sure if I’d buy here given the landscape but it should go to $50+ eventually.”
Source: Altcoin Sherpa/X
However, the trader does not give a timeframe of when the asset could rise to $50, a rise of about 85%. HYPE is trading for $27.50 at time of writing, a 10.5% increase during the last 24 hours.
Moving on to the crypto king, the trader says he expects BTC and altcoins to dip sometime b
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