Is $HYPE Undervalued? Expert Analysis Shows Promising Signs

Ethereum token $HYPE has seen a significant price drop following a sharp decline from its recent highs, but experts suggest that this dip presents an opportunity for long-term investors. A recent report highlights that Hyperliquid’s (HYPE) price appears undervalued at current levels compared to past performance. 21Shares filed a proposal with the U.S. SEC for a 2x leveraged HYPE ETF which could further increase market reach and potentially drive growth.