Ton of DMs so i’ll just answer it here:
Why do you still get paid on buying HYPE @ $39
- Lots of normies unable to buy, these people cannot figure out how to get onchain
- Spot not listed in any T1 exchange
- Claiming token is expensive here is not pricing in any growth, while HL’s been growing open interest double digit % WoW
- $770,000,000 at present revenues of buybacks (market buys)
- Exchanges are the most profitable businesses in the entire crypto world, you get exposure to the fastest growing one
- No unlocks from private market investors, no vesting bags and no sweet heart deals
- Most importantly builder codes, if you’re a developer building a product that wants to interact with perp trading there is only one venue to build on and that’s Hyperliquid
Still cheap, my take profit levels at $40B circulating. Not FDV.
$100 also psychological level to be aware of