Expressing his positive expectations for the altcoin Hyperliquid, which is among the top 30 in terms of market value, analyst Sherpa, XRP, Cardano $1.1 and Dogecoin 
$0.39802 He also made evaluations for. In a statement to his 239,700 followers on social media platform X, Sherpa stated that Hyperliquid is likely to rise at least 116% from its current level by the end of this cycle.
Hyperliquid (HYPE) Prospects
Sherpa expressed optimism about the future of Hyperliquid, which is part of the decentralized open financial system. Stating that Hyperliquid is currently traded at $ 23.16, the analyst emphasized the strengths of the project.
“I think HYPE is a great project and I predict it will surpass $50 this cycle. It meets many factors and that’s why it is in my portfolio. “I’m thinking of making more additions here rather than taking a position in a hurry.”
Current Status of XRP
Observing that XRP showed a strong performance just below its all-time high, Sherpa stated that XRP is not at an ideal level for long-term positions. He warned about the status of XRP, which is under Hyperliquid, currently trading around $23.16.
“I do not recommend buying any further in the current position. The former is the all-time high and this is a natural retracement point. You must be patient. “After waiting a little while, I hope to add more and the price will drop.”
Cardano and Dogecoin Evaluation
Stating that Cardano looks quite strong in the weekly time frame, Sherpa added that Cardano may continue to increase depending on the appreciation of other first-generation altcoins. Regarding Dogecoin, he noted that the largest memecoin in terms of market cap still looks strong.
“Dogecoin still looks strong. “It may trade in the range for a while before returning to the 42-month high reached in December.”
Noting that Dogecoin is currently trading at $0.412, Sherpa emphasized that the overall performance of cryptocurrencies is important for investors.
Investors should consider market conditions and the dynamics of the cryptocurrencies themselves when evaluating analyst Sherpa’s predictions. It is important to conduct a thorough analysis before making any investment decision.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
