On June 16, Hyperliquid Strategies rose 9.21% in pre-market trading, trading at $9.90/share, with turnover of $259,300.
On the news front, traditional exchange ICE announced its entry into the Hyperliquid ecosystem, further strengthening market expectations for the company's long-term growth trajectory. Multiple institutions had previously issued buy ratings with a target price of $18, implying nearly double the upside from current levels.
The stock had previously declined over 35% from its high of $11.69 due to sustained selling pressure triggered by large-scale HYPE token unlocks. As the supply shock from token unlocks has been gradually absorbed, the stock has entered an oversold rebound phase. Institutional research highlights that Hyperliquid commands a 31.9% market share in perpetual DEX trading, generates annual platform revenue exceeding $600 million, and trades at only half the valuation of traditional exchange CME, suggesting significant undervaluation.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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