---
title: "Multicoin: HYPE may reach $319 by 2028"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/290886566.md"
description: "Multicoin released a report stating that the market severely underestimates the value of Hyperliquid's native token HYPE. The institution expects HYPE to reach a price of approximately $319 by 2028, representing an upside potential of over 400%. Multicoin believes that HYPE is currently mispriced and has been actively buying since February of this year, now becoming one of the largest holdings in its liquidity hedge fund"
datetime: "2026-06-25T22:53:38.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/290886566.md)
  - [en](https://longbridge.com/en/news/290886566.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/290886566.md)
---

# Multicoin: HYPE may reach $319 by 2028

\[Multicoin: HYPE may reach $319 by 2028\] According to Jinse Finance, on June 26, Multicoin released a report stating that the market has severely underestimated the value of Hyperliquid's native token HYPE, believing it still has over 400% upside potential in the coming years. The institution expects that under the base scenario, the price of HYPE could reach approximately $319 by 2028. Multicoin believes that the current market is too narrowly viewing Hyperliquid as a rapidly growing decentralized perpetual contract exchange, but in reality, it is evolving into an "Everything Exchange" covering multiple assets and trading scenarios. The report states that at the current price of about $63, HYPE is significantly mispriced. Multicoin expects that by 2028, Hyperliquid's annual profit could reach approximately $8 billion, and if valued at a 20 times earnings multiple, this corresponds to a HYPE price of about $319. Multicoin also disclosed that it has been actively buying HYPE since February of this year, and HYPE has now become one of the largest holdings in its liquidity hedge fund. Recently, HYPE broke through $76 to reach an all-time high, driven by favorable factors such as ETF fund inflows, strong protocol revenue, and aggressive buyback plans, and then retraced with the market, reporting approximately $62.47 as of Thursday afternoon

### Related Stocks

- [THYP.US](https://longbridge.com/en/quote/THYP.US.md)
- [BHYP.US](https://longbridge.com/en/quote/BHYP.US.md)

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