Hottest Altcoin Of 2026 (The HYPE Is Real)

**Nick Valdez** (0:00)
The hottest altcoin of the year just signed an exclusive deal with a major player on Wall Street. And it just bumped Cardano out of the top 10 And this altcoin has better revenue than any other crypto project. I'm talking about Hyperliquid. But how are the hype tokenomics? Is this deal actually good for the token price? And finally, what are the charts saying? And I'll show you my first target for taking profits, and I'll give you a really good entry point in case you're still on the sidelines. So definitely stick around to the end of the video. First, I just want to share three sentences here. So the owner of the S&P 500 index is licensing the world's most tracked stock index for the crypto exchange Hyperliquid. So the world's most tracked stock index is the S&P 500 And this is an exclusive deal. This is the only licensed S&P 500 perpetual futures contract. So now we have the S&P 500 and Hyperliquid joining forces. Now some are saying this is the reason why traders have rushed to bet on oil prices on Hyperliquid on weekends since the start of the US Israeli strikes in Iran. So there are some saying that S&P 500 was motivated by fear.

**SPEAKER_2** (1:02)
To launch the first official S&P 500 perpetual contracts available exclusively on Hyperliquid, guys, what this really means is the S&P 500 knows that they're cooked. That if they don't get on board with Hyperliquid, Hyperliquid is going to eat their entire lunch.

**Nick Valdez** (1:22)
And I expect a lot of Wall Street traders to get very bullish on Hyperliquid, but I ask, what about the tokenomics and what does this mean for the token price? Honestly, this is some of the best tokenomics I've ever seen. Let me show you what I'm talking about. Now, this is an article from October of 2025, but Hyperliquid at that point was crushing the competition of other blockchains because they consumed 46% of all token buybacks, meaning 46 out of every $100 for a altcoin token buyback was buying Hyperliquid. And when I started looking for some more recent numbers, this is from earlier in the month, Hyperliquid buyback just passed a billion dollars this month. And if you're wondering what the impact is on the token total supply, over 4% of the total supply. And so when you look at the top chains by fees and you see Hyperliquid is making more money in fees than any other blockchain, and then they use a large portion of these fees for token buybacks, you're seeing a very, very attractive prospect. And you can actually check the updated information. You don't have to just look from things earlier in the month or from October of last year. This is Hyperliquid's website, app.hyperliquid.xyz.
It will take you to the trade page here. And if you go to more, you're going to see stats. Click on stats. And on the left side, you're going to see a tab that says revenue. Click on revenue, it will show you the daily buybacks. And right here, you can see total supply bots. So they're at 4.24% of the total supply, or 14% of the circulating supply. And when I say a large, large percentage, it's like 99%. So total revenue, 844 million. They've used $818 million of the 844 for token buybacks. And when you look at revenue per employee, it is the most profitable company in the world, more profitable than Tether, NVIDIA, Apple Meta, you name it. So the deal is great. The tokenomics are phenomenal. What about the price? So this is something that I noticed. I noticed this a long time ago. Hyperliquid loves even round numbers. Now this is on a log chart. I'm going to come back to this. We're going to go to the regular chart.
We'll just leave this parallel channel for now. The token launched at $10. And then it would pump and it would find, you know, we got there right at $35. It would fall, find support at $20. It would then reverse at $30. It would then find support again at $10. That's right there at $10.22. Then it would pump, what would it pump to? It would pump to $40. Or like, you know, basically within $0.10. It would keep pumping. Well, what do you know? This would then pump to $60. So it almost reminds me of Solana in 2021 You saw multiples of 20 It would go to 20, it would go to 40, it would go to 80, it would go to 120 I'm seeing something similar right here. So Hyperliquid loves these round numbers. And then after it fell from 60, it went to 20 And we've been a buyer since the 20s, done a couple of videos. Hopefully you listen, hopefully you jumped in on this call. Let's go back to this log chart. This is where I'm seeing a nice, nice parallel range. Now, normally I don't like log charts unless it's a smaller time frame. If you use a log chart for Bitcoin or XRP, you'll get these like crazy 20Xs in the next 12 months, you know, when you start looking at the lines. But here, what does this lead to? Well, what if I told you it leads to another suspiciously round number? So let's run this out a little bit right here. Let's just say, you know, it happens fairly quickly. You see how fast it happened right here. I mean, this was only eight bars. I'm not saying it would go there in eight bars, but, you know, just for, just for, you know, what's in giggles, eight bars puts us at $81. So this other round number would be an $80. So this other round number would be an $80 target. So this to me, you know, if you're in the position, you got in at the 20s, I definitely like taking some profit at 80 Maybe not sell your entire position. You know, this is a strong altcoin, but it looks like there's a pretty decent odds that would come back down and then revisit. Now, if you're on the sidelines, I honestly don't think it's gonna be able to come back down this low. This would take it down to $25 depending on when it happens. I'm actually, I think it's not a terrible idea to buy below the midpoint. And so should you have got in at the 20s? Yes. Did we dip below 40 right here at $39? Yes, we did. And what do you know? Once again, you know, kind of bounce from this $40 range. Yet again, a suspiciously round number. So if I went to 40, fell back down to say 25, I would say that is a pretty good level for me. But to me, this one seems to be a story of psychological levels, meaning, all right, well, I want to buy it at $20. It's at $40. Maybe I'll just buy it at $30. I think people are going to be looking at a $30 entry for hyperliquid. Now, one other thing I want to point out, if you zoom in, you see a pretty strong parallel channel here. Let's get rid of the larger parallel channel. Let's go back to a regular chart and you can still see it there. We're going to pull up our parallel channel tool. We're going to go ahead and start our tool at the end of February, and then we're going to come through, hit this resistance, which will then take you to that resistance. And if you do this, maybe potential target here. So I personally, if I'm on the sideline, I don't have the patience to wait to $30. I don't even know if it will go to $30. But if you're looking at a short-term entry, I do like the $38 range. And that's not to say this can't break down further from that range.