Multicoin Partner Values HYPE at $319, Recommends Dollar-Cost Averaging Strategy on July 15

HYPE5.29%
According to BlockBeats, Multicoin Capital managing partner Tushar Jain shared his valuation thesis for HYPE on July 15, setting a base-case target of $319 per token and advocating for a phased accumulation strategy. Jain recommended investors abandon attempts at perfect market timing in favor of a "one-third, one-third, one-third" approach: immediate purchase, periodic buying over 1-2 months, and opportunistic add-ons on price dips. His valuation model assumes 35% annual growth in crypto derivatives volume, DeFi derivatives capturing 32% market share, and Hyperliquid gaining market share as subsidy-dependent platforms face headwinds.
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