Arete Capital Partner: HYPE's Initial Target Is $84, Expected to Surpass $100 Within a Year

BlockBeats News, May 27th, Arete Capital partner McKenna stated that HYPE has successfully held its an all-time high. McKenna's first target for HYPE was $84, and "given recent developments, HYPE should trade at a three-digit number in less than 12 months."

McKenna emphasized the strong performance of the HYPE ETF inflows after launching in the $50 range, demonstrating strong institutional interest in entering at the aforementioned price levels.