Overvalued fast-track VC projects have no future. Essentially, CEX and VC are two sides of the same coin; the new paradigm in the crypto space will belong to projects capable of breaking this asset issuance chain.

The projects that are challenging this chain, in my opinion, are:

Hyperliquid

pump.fun

As HyperEVM launches a month later, I remind everyone to pay attention to the Hyperliquid ecosystem. I'm glad to see the Magpie team, whom I've been following, also embracing the Hyperliquid ecosystem.

The new launch by the MGP team, @Hyperpiexyz_io, is:

① The meme/DeFi center of Hyper, integrating meme asset issuance and trading

② Utilizing a vetoken mechanism to coordinate incentives among HYPE stakers, project/dev teams, liquidity providers, and HPP token holders

From the perspective of users/KOLs, I offer some immature suggestions for Hyperpie.

First, it is crucial to seek official endorsement from Hyper. According to Messari's research, DeFi projects that receive native L1 endorsements (such as GMX on Arbitrum) have an average user growth rate 50% higher in their first month compared to projects without endorsements. Official endorsements can garner significant community trust, thus giving an edge in the initial phase over competitors.

Second, the wealth creation effect is important, starting with the official token HPP.

Third, official cooperative projects on DEX should undergo strict scrutiny; they may not need to be profitable, but they absolutely must not run away.