Crypto asset manager Bitwise believes Hyperliquids native HYPE token remains significantly undervalued as investors continue to view the platform as only a decentralized crypto derivatives exchange instead of a broader financial trading super-app. In a recent blog post, Bitwise Chief Investment Officer Matt Hougan argued that the market is mispricing Hyperliquid by underestimating both the scale of its long-term ambitions and the value generated for HYPE token holders.
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