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AI, Hyperliquid tokens may lead altcoin rally
CoinDesk·
Crypto trader Michael van de Poppe anticipates a resurgence in altcoin markets, driven by the performance of Hyperliquid and a renewed interest in AI-focused tokens. Hyperliquid's HYPE token has reached new highs, partly due to U.S. ETF launches and its appeal to European traders seeking perpetual futures. Van de Poppe views Hyperliquid as a short-term winner, while identifying Solana as a stronger long-term infrastructure bet. He also highlighted AI-linked crypto projects like NEAR and Bittensor as undervalued compared to traditional AI companies, suggesting significant upside potential based on projected revenue growth and ecosystem expansion.
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crypto
ai
fintech
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CoinDesk — coindesk.com