🚀 HYPE’s Wild Ride: $300 or Bust? 🤑

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Oh, the marvellous world of Hyperliquid! 🌪️ Just when you thought it couldn’t get any more bonkers, it goes and crosses a whopping $1.1 billion in annualized revenue! 🎉 Meanwhile, the price is doing a little dance at crucial support levels, like a penguin on ice. 🕺 The momentum might’ve slowed, but don’t you fret-underneath all that, the fundamentals are sizzling like a sausage on a summer barbecue! 🌭

Hyperliquid’s Fundamentals: Faster Than a Greedy Fox in a Henhouse 🐔💨

Hold onto your hats, folks! Hyperliquid just hit $1.1B in annualized revenue for July, growing 40% month-over-month! 📈 That’s right, 40%! Even the Great Glass Elevator wouldn’t go that fast! 🚀 As HYPE consolidates on the charts, the market cap to revenue ratio (MC/Rev) is back to 11.2x, a sharp rebound from its 7.2x low in April. Jon Ma says it’s like Hyperliquid’s wearing a jetpack compared to its fintech and crypto pals. 🛩️

  • Revenue growth: +40% MoM, now at $1.1B annualized 💰
  • MC/Rev compression: Back to 11.2x, offering relative value 🧮
  • Comparables: HOOD at 23.4x, SCRL at 42.6x-Hyperliquid’s practically a bargain! 🛍️

If the market wakes up and smells the coffee, it could send HYPE soaring like a giant peach! 🍑

Hyperliquid Dips into the Golden Zone: Bulls Eye a Bounce from $34 🏀✨

While the fundamentals are flexing their muscles, the chart’s setting up for a potential bounce. The $34 region, as pointed out by Crypto Anbu (what a name!), sits snugly between the 0.768 and 0.886 Fibonacci retracement levels. 🌀 It’s like the perfect spot for trend-followers to reload their cannons! 🏴‍☠️

If the price holds here and confirms with a daily close above the box, it could be the start of the next big adventure! 🗺️ But beware-if it slips, it’s like losing your golden ticket to Willy Wonka’s factory. Simple, clean, and oh-so-painful. 😢

200EMA: The Technical Backstop for Hyperliquid Bulls 🛡️

After dipping into the $34 to $32 golden pocket (sounds like a treasure hunt, doesn’t it? 🏴‍☠️), Hyperliquid’s now testing the 200-day EMA. This long-term moving average is like a trusty umbrella in a storm-it’s historically helped define macro bottoms in strong assets. ☂️ The current bounce attempt hints at dip-buyers sharpening their knives. 🦈

Altcoin Sherpa says the midterm upside might be more of a slow crawl than a sprint, but the long-term trend is as sturdy as the BFG’s ears. 🦻 If the 200EMA holds, it could be the foundation for a grind back toward previous highs. Slow and steady wins the race, after all! 🐢

Hyperliquid Price Prediction: “The Solana of This Cycle”? 🌮🚀

Atrades_02 (what a handle!) has a bold but technically grounded outlook for Hyperliquid, targeting the $260 to $300 zone. 🤑 After reclaiming the $38 level and bouncing from both the golden pocket and 200EMA, the structure’s starting to look like a bull market’s early days. It’s like watching a giant peach grow-slowly but surely! 🍑

Calling Hyperliquid “the Solana of this cycle” might sound like a tall tale, but it’s not far-fetched! 🧙‍♂️ As long as the price stays above those retracement levels, this roadmap could be as reliable as the BFG’s snores. 😴 Add in those strengthening fundamentals, and $300 might just be a hop, skip, and a jump away! 🏃‍♂️

Final Thoughts: Will Hyperliquid Hit 3 Figures? 🤔💭

Hyperliquid’s got the narrative of a Dahl story and the numbers of a wizard’s spellbook. 📚 With revenue soaring 40% MoM and the MC/Rev ratio still playing catch-up, bulls have a real shot at building a fortress here. 🏰 Whether it’s a slow grind or a rocket launch, this zone could be the start of something magical. ✨

It won’t happen overnight-unless you’re in the world of giants and dreams-but with continued growth, the $100 milestone could be the next stop on this wild ride. 🚂 All aboard the HYPE train! Choo choo! 🌪️

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2025-08-06 10:03