Hyperliquid (HYPE) Faces DEX Competition Amidst Price Prediction
Reports indicate that Hyperliquid (HYPE) is facing increased competition from rival decentralized exchanges (DEXs). These emerging DEXs are attracting crypto traders by offering reward farming systems. Cantor Fitzgerald has issued a price prediction, forecasting a potential rally for HYPE to $200 by 2035. The increasing competition in the DEX space highlights the dynamic nature of the cryptocurrency trading environment, where platforms are continuously vying for market share through innovative incentive mechanisms.
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