News linked to both this project and an event.
Gate Founder and CEO Dr. Han will be invited to participate in a CoinMarketCap (CMC) live AMA on October 15 at 21:00 (UTC+8). Under the theme "One Gate, Everything Money," he will introduce how Gate Money connects crypto assets, stocks, gold, and bank accounts through a single App, and explain Gate's thinking behind its expansion into comprehensive financial services, exploring an integrated experience for asset holding, trading, and payments.This session will also focus on Gate's positioning in traditional financial assets such as stocks and ETFs, analyzing the differences between physical stocks, tokenized stocks, and stock perpetual contracts, as well as the application opportunities for stablecoins and asset tokenization in cross-border payments, on-chain settlement, and other scenarios. As the connection between digital assets and traditional finance grows increasingly close, Dr. Han will draw on Gate's product practices to share the development direction of integrating multi-asset management with everyday financial services.
Multicoin has published a report stating that the market is severely underestimating the value of Hyperliquid's native token, HYPE, and believes it still has over 400% upside potential in the coming years. The firm estimates that, in a base case scenario, HYPE's price could reach approximately $319 by 2028.Multicoin believes the current market is too narrowly viewing Hyperliquid as a fast-growing decentralized perpetual contract exchange, when in reality it is evolving into an "Everything Exchange" covering multiple assets and trading scenarios.The report states that at the current price of around $63, HYPE is clearly mispriced. Multicoin estimates that by 2028, Hyperliquid's annualized profits could reach approximately $80 billion. Valued at a 20x earnings multiple, this would correspond to a HYPE price of around $319.Multicoin also disclosed that it has been actively buying HYPE since February of this year, and HYPE has become one of the largest holdings in its liquid hedge fund. Recently, HYPE broke through $76 to hit an all-time high, driven by positive catalysts such as ETF inflows, strong protocol revenue, and aggressive buyback plans. It subsequently pulled back with the broader market and was trading around $62.47 as of Thursday afternoon.