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ThinkingUSD
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I was going to buy hyperliquid but then I just realized someone can just build another hyperliquid making it UNINVESTABLE.
Dodged a bullet there.
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People freaking out about 500,000 hype probably don’t understand that if you did more than $90,000 of volume in 2024 you would have received an airdrop worth $19,000,000. Excited for the next airdrop 🚀
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If you’re trying to farm the next HYPE airdrop and it doesn’t include something that actually generates fees for the platform, you’re going to be really disappointed. The L1 is interesting but doesn’t benefit Hype that much. Interesting L1 protocols are still yet to come, an AMM doesn’t benefit HYPEcore much if at all, it just fragments liquidity. Perp trading and spot trading are all that matters, spot trading arguably much more. Liquid spot markets are a critical component of a standalone T1 exchange. Hyperliquid.
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No more Tweets until next Hyperliquid ATH. Have a good weekend everyone.
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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
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Noticed how there’s hardly any press on @HyperliquidX? That’s because there aren’t insider private investors desperately trying to generate retail enthusiasm to dump their tokens on. Just a cult of degens, a lot of who just hit their first home run.
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