PANews reported on March 7th that BitMEX founder Arthur Hayes stated in an article on the X platform that market price discovery may shift to crypto-native platforms during the weekend when traditional exchanges are closed. He pointed out that against the backdrop of escalating conflicts in the Middle East, Hyperliquid's perpetual oil contract CL-USDC may become an important price discovery market for oil price movements over the weekend. Hayes further reiterated that with increased trading activity, the target price for Hyperliquid's platform token HYPE may reach $150.
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