Famous trader Altcoin Sherpa made significant statements regarding the AI-focused ZEREBRO and the decentralized exchange Hyperliquid (HYPE). Sherpa indicated that ZEREBRO presents a buying opportunity at around $0.40, while forecasting HYPE could rise to $50. These remarks have drawn investor attention towards AI and decentralized finance projects.
ZEREBRO’s Future and Investment Opportunities
Sherpa expressed that ZEREBRO will be “very strong” in the upcoming period. He stated, “The $0.50 level is still a resistance point, and I expect a pullback between here and around $0.60. However, I believe it will be very strong moving forward.”
Sherpa emphasized that the price level around $0.40 for ZEREBRO is a reasonable entry point, advising investors to be cautious. Currently, ZEREBRO is trading at $0.54, showing a 38% increase in the last 24 hours.
Investment Strategy and Price Expectations for HYPE
Sherpa indicated that HYPE offers long-term investment opportunities. He mentioned that the current price level of HYPE is suitable for accumulation, suggesting, “It would be wise to average down between $30 and $25. Additionally, consider setting aside some funds to buy if the price drops. The low $20s would be fantastic.” Sherpa believes that HYPE’s price could rise to $50, reminding investors to adjust their strategies according to market fluctuations.
These developments have increased interest in AI-based projects within the cryptocurrency market. Investors should carefully reassess their strategies regarding projects like ZEREBRO and HYPE and monitor market movements.