Trader Says One Layer-1 Altcoin ‘Destined’ for New All-Time High, Warns of Potential 50% Correction for WIF and POPCAT

Description

A widely followed trader believes that a layer-1 decentralized exchange (DEX) altcoin is gearing up for rallies to new all-time highs. Pseudonymous analyst Altcoin Sherpa tells his 248,500 followers on the social media platform X that he thinks Hyperliquid ( HYPE ) looks very strong despite the recent marketwide correction. The trader sees HYPE consolidating close to the highs for now before igniting a fresh leg up en route to a new record high. “HYPE has insane strength right now, this one got ...