[HYPE] Hyperliquid Speculation

[FinneysTrueVision]

HYPE has pumped more than 20% in the past 24 hours after Coinbase and Circle announcing that USDC would be more closely integrated in the Hyperliquid ecosystem. USDH, USDT0 and USDe never really gained enough traction to challenge USDC’s dominance on Hyperliquid.

People are criticizing Native Markets for selling out, which is a fair and valid complaint, but ultimately, Circle and Coinbase are capable of doing far more for HYPE the token and the platform overall.

[shinratensei_]

HYPE has pumped more than 20% in the past 24 hours after Coinbase and Circle announcing that USDC would be more closely integrated in the Hyperliquid ecosystem. USDH, USDT0 and USDe never really gained enough traction to challenge USDC’s dominance on Hyperliquid.

People are criticizing Native Markets for selling out, which is a fair and valid complaint, but ultimately, Circle and Coinbase are capable of doing far more for HYPE the token and the platform overall.

People are paranoid, USDC has been dominating in hyperliquid since long ago, Native Market the issuer of USDH is also getting acquired by Coinbase. So whether it's USDH or USDC that won't make any difference.
On the other hand it will have the potential to boost liquidity into hyperliquid, the sole reason why market is bullish and HYPE is pumping 20% maybe extending support to various blockchains because of Circle's seamless CCTP bridge.

[tokeweed]

HYPE has pumped more than 20% in the past 24 hours after Coinbase and Circle announcing that USDC would be more closely integrated in the Hyperliquid ecosystem. USDH, USDT0 and USDe never really gained enough traction to challenge USDC’s dominance on Hyperliquid.

People are criticizing Native Markets for selling out, which is a fair and valid complaint, but ultimately, Circle and Coinbase are capable of doing far more for HYPE the token and the platform overall.

What the...   

I never expected something like this to happen tbh.  This is starting to make me think that HL could operate in the US in a couple of years or so.  They also have a legal team set in place to talk with the proper authorities and figure out what they could do legally.

This is really exciting times for HL users and the community behind it...  As for the price of HYPE, I like what I see but I think it could still go down for a bit.