HYPE Price Prediction: Hyperliquid Price Briefly Spikes to $98 Because of Bot Glitch, But Could This Become a Reality?

A faulty trading bot caused the price of Hyperliquid’s native token to temporarily spike to $100 on a single perpetual futures exchange. Even though this isolated event was not caused by a fundamental change in the project, other factors support a bullish HYPE price prediction.

Ligther, an Ethereum-based perps exchange, clarified that the incident was the result of a bot that caused a malfunction of HYPE’s order book, pushing the price higher by executing trades on a pair that had low volumes.

On chain data is not (and cannot be) modified and is on on the block explorer for those interested. But as we operate the main front end, we make decisions on presenting charts in the way most helpful to traders. Other front ends on top of Lighter can make different decisions.

— Lighter (@Lighter_xyz) October 27, 2025

According to the exchange, the incident did not triger any forced liquidations, while they adjusted the chart on users’ interfaces to eliminate the distortion.

HYPE reached an all-time high of $59.4 on September 17, back when the crypto market was pushing through its boundaries.

With a market capitalization of just $16 billion, HYPE could rise much further. For example, a peer centralized exchanges (CEXs) like Coinbase is currently worth $92 billion.

HYPE Price Prediction: Momentum Accelerates and Could Push It to $58

Looking at the daily chart, the price of HYPE on Bitget does not show this long wick to $100, as the bot’s action only affected Lighter’s order book.

Nonetheless, the token broke through a key resistance at $42, which coincided with its 200-day exponential moving average (EMA).

The Relative Strength Index (RSI) has accelerated until reaching overbought levels, which increases the odds of a pullback. However, this also indicates that positive momentum is strong. This means that the uptrend could continue after the market takes a much-needed breather.

The near-term target for HYPE, if this upward move keeps going, would be $58.

In the long-term, a move to $100, resulting in a market cap of around $40 billion, does not sound imposible either. Comparatively, Hyperliquid’s valuation is quite low relative to its peers on the CEX market.

Meanwhile, hidden gems like Pepenode ($PEPENODE) could also deliver some surprising upside during this cycle. This top crypto presale has raised $2 million to launch its fun mine-to-earn (M2E) game.

Pepenode ($PEPENODE) Makes Meme Coin Mining Easy and Hardware-Free

Mining meme coins wasn’t possible until Pepenode ($PEPENODE) arrived. This project introduces a fun way to mine these tokens without expensive hardware investments.

Players can launch virtual mining rigs by buying $PEPENODE and start mining right away. As they climb the game’s leaderboard, they compete to earn surprising airdrops of top tokens like Pepe ($PEPE) and Bonk ($BONK).

$PEPENODE tokens can be upgraded to upgrade rigs. There’s a positive twist to that, as 70% of all tokens invested in this activity will be burned forever.

As the game’s popularity increases rapidly, investors keep pouring hundreds of thousands every day to position themselves favorably to reap the highest returns once Pepenode is launched.

To buy $PEPENODE before the official launch, simply head to the official Pepenode website and connect your wallet (e.g. Best Wallet).

You can either swap cryptos like USDT or ETH for this token or use a bank card to invest.

Buy $PEPENODE here