BULLISH 📈 : DCo projects HYPE to $190 by 2028 on 1% market share
HYPE jumps 23% this week. TD Sequential flashes sell. DCo maps $60–$190 scenarios.
Hyperliquid’s HYPE outperformed the market this week, up 23%. A new sell signal now points to a brief dip before the next move.
On March 8, the TD Sequential printed a buy on HYPE. The token then climbed 28.23%, from ~$30 to ~$38.53 Ali Martinez.
On March 13, the same tool flashed sell. Martinez warned of a short-term retrace toward ~$34 Ali Martinez.
HYPE trades near $36.37 now. A move to $34 implies ~6.5% downside after a 24h pullback of ~2.5% CoinGecko data.
Research firm DCo published a new DCF framework for Hyperliquid’s HIP-3. They model a $1.74T daily TAM with a 3‑year ramp at 20% in 2026, 50% in 2027, and 100% in 2028 DCo analysis.
- Bear case 0.01% capture. HIP-3 fees ~$32m in Year 3; total revenue with baseline ~$1.35b; EV ~$18b; implied token ~$60 DCo analysis.
- Base case 0.10% capture. Year 3 HIP-3 ~$322m; total revenue ~$1.7b; EV ~${22}b; token ~${72} DCo analysis.
- Bull case 0.50% capture. Year 3 HIP-3 ~$1.6b; total revenue ~$3.0b; EV ~$38b; token ~$124; FDV ~$124b DCo analysis.
- Max case 1.00% capture. Year 3 total revenue ~$4.6b; EV ~$59b; token ~$190 DCo analysis.
DCo adds that, at a 20% discount rate and 20x multiple, the current ~$37 sits below its bear-case ~$60 mark DCo analysis.