Is HYPE overvalued?
>>62289577No, governance tokens that give you exchange fee discounts are, uh, a revolutionary breakthrough
>>62289577>>62289589Check how the last twitter hype token ended, SUI. Its down 80% and dead. HYPE will end the same.
It's value is too high relative to the rest of the market, but it's a bit undervalued at the moment for what it should be.
>>62289600I mean the buybacks are bullish as hell. This shit jumped today because of SpaceX speculation. Will see similar scenes before Anthropic and OpenAI. Stay poor Bobo. Biz can be handed one of the best projects in a long ass time and still try to slide it.
>>62289589Governance token that gets 99% of the revenue bought back and burned. That's 10 figures a year. That IS revolutionary coming from this shithole with guys like Hoskinsin and Richard Heart fleecing you goycattle for their blackhawks
>>62289577Yes and no.95% of perp traders have a negative pnl. They are only profitable because retards think they'll get rich quick instead of just buying spotEventually this fad will fade. HYPE only has a future as long as normies can be convinced to dump their paycheque into perps and lose it
>>62289695>buy hype as long as you think people will keep gamblinghere, I phrased it better.
>>62289695Human nature will fade? Lol. Bold bet.
People still don't even know hyperliquid is a blockchain and hype is the gas token. There are already more dapps than in fucking cardano.You're still early
>>62289657Its a new paradigmWe will all be rich
>>62289688checked, don't forget fat sirgay. he literally raped me back in 2018, and I'm continue being raped to this day. I demand raperations
Hype is going to get regulated out of existence and "they" will create a perps chain that is suitable for goys.
>>62289744Uh oh stinky
on one hand, it has very little moat. many perps dexes have already come and gone, most with tokens that had some kind of revenue share. on the other hand, it has persisted against tough pressure from binance without folding, and its revenue is among the strongest across defi protocols.
>>62289577Already a Unicorn bro
>>62289589yeah thats what i thought and then BNB pumped to 100B+. Im not missing this one, faggot.
>>62289762RAPE>>62289842surely it must go down again to 50 at least, right? right???
>>62289859no
>>62289577what is this FUD all of a sudden? is somebody jelouse?
>>62289577No, but soon Aero will be the new Hype.
>>62290356Nah, Nerva will be the new one. It can ONLY be mined via CPU and it's anonymous like crypto was supposed to be. Still a small MC so it has tons of growth potential. I haven't found any others like it yet, as anything similar has already had their growth spurt, but would love if anyone knows of some to diversify!
>token appears to be the breakout top 5 of the next cycle>will likely hit 450b mcap, be just behind btc, eth, bnb and sol (I don't care about stablecoins)>currently cheap around 15b>/biz/GENIUSES absolutely fucking hate it, probably because it uses its own oracles and doesn't rely on link and we have a thousand baggies on this board who refuse to make money because a fat man shilled them a scam once almost 10 years ago>will likely have copycats like aster that will be 'hype killers' that will do okay but ultimately fail and dieTo my infinite regert, I should have full ported this shit in feb/march when it was only 22 bucks.
>>62289695I've learned more often than not, you should not fade projects that appeal to gambling addicts.
HYPE has a bright future. My only regret is not getting into it in the ground floor. Arthur had told me to make sure to buy some but then I forgot about it. HyperLiquid took too long to release the token for general public and did it without much fanfare.