Arthur Hayes Long Article Shill HYPE: Target Price of $150, This is the "Highest Quality Project in the Entire Market"

BlockBeats News, March 9th, Maelstrom's Chief Investment Officer Arthur Hayes released a long article detailing his bullish thesis on the Hyperliquid token HYPE.

Hayes stated that despite the current overall pressure on the crypto market, Hyperliquid, as a leading perpetual DEX, is expected to restore its 30-day annualized revenue to its peak of $1.4 billion within six months, relying on HIP-3's permissionless listing mechanism, real trading depth, and large buybacks.

Hayes emphasized that HYPE's current price-earnings ratio is only about 12 times, much lower than traditional and crypto exchanges such as Coinbase (26 times) and CME (40 times). If the price-earnings ratio is restored to 25 times, coupled with revenue growth, the target price for August could reach $150, a 5x increase from the current $30.

He also pointed out that the team's monthly token allocation has been sharply reduced from nearly ten million tokens in the early days to about 140,000 tokens recently, significantly reducing selling pressure. Maelstrom has been accumulating in the $20 range and will continue to increase its holdings.