CEO of a Nasdaq-Listed Company Claims “10x Increase is on the Table” for an Altcoin

Hungu Jung, CEO of Hyperion DeFi, has made striking claims about the future of Hyperliquid (HYPE), one of this year’s trending altcoins.

Hyperion, a DeFi company, is implementing a strategy of accumulating HYPE tokens in its treasury.

According to Jung, Hyperliquid is not just a cryptocurrency exchange, but a next-generation financial infrastructure that brings traditional finance to the blockchain, and has the potential to reach Solana’s market capitalization.

However, it’s important to note that the HYPE price is highly volatile and lost almost 50% of its value during the last major cryptocurrency crash, falling as low as $16.

Appearing on the Coinage channel, Hungu Jung explained that the main reason Hyperliquid stands out from other projects is the variety of products it offers. Jung argued that the platform is not limited to crypto trading; it brings together commodities (gold, silver), foreign exchange (FX), stocks, and prediction markets under one roof.

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Speaking about the valuation of the HYPE token, Jung touched upon the project’s “buy and burn” mechanism. He argued that by the end of 2025, 97% of the revenue would be used to eliminate 13% of the supply from the market, claiming that this structural momentum is unparalleled in any other blockchain.

Jung stated, “The lower the price and the higher the transaction fees remain, the more HYPE is being drawn from the market. This will create a significant supply shock as demand increases.”

When the host asked, “Is a tenfold increase still on the table?”, Jung replied, “Mathematics confirms it.”

*This is not investment advice.

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