Arthur Hayes indicates that as traditional exchanges close over the weekend, market price discovery could increasingly occur on crypto platforms. This is particularly relevant given the ongoing conflicts in the Middle East.
He notes that Hyperliquid’s perpetual oil contract CL-USDC could play a significant role in determining oil prices during this period, acting as a key reference point.
Hayes forecasts that with heightened trading volumes, the price of Hyperliquid’s platform token HYPE could rise to as high as 150 USD.
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