[HYPE] Hyperliquid Speculation

[tokeweed]

^  Lol no...  But they gave me a decent airdrop.    It isn't as high as what the other guys in the Hyperliquid community got but I'm very happy.  It's by far the largest airdrop I ever got and it's waaay bigger than the second biggest airdrop I got. 

Anyway, sure I might be too bullish but let's see what's in store for HYPE in the next couple of years...  And I think it could trend up to 100 USD this year.

[dwyane36]

And I think it could trend up to 100 USD this year.

Now that HYPE has corrected to $50 and then bounced off that level, everything on its chart looks very promising. At the very least, the uptrend that began in February of this year is still ongoing, and $100 per HYPE is likely the target for the next bullish rally. It’s worth noting that there are also signs that HYPE could reach $140, but that will likely happen only next year.

[tokeweed]

^  USDC fees accrued by Circle will be used in a revenue sharing deal to buy HYPE starting on October 3.  It will be a monthly thing and I heard that the purchases will be 10k USD increments via the twap feature in HL spot market.

It will def help support the price a bit.    If some of you guys haven't gotten in yet but are interested, I think now is a good time as any.

Hyperliquid

[dwyane36]

Well, HYPE is looking very strong again, considering that it has already been pumped up by 22% over the past 24 hours on the back of news from the US.
I wonder how Loracle is doing. Oh, he’s still holding a short position with an entry point near the bottom of the correction. I wouldn’t be surprised if he closes it soon; after all, he’s already down more than $12 million.

[tokeweed]

^  Pretty sure Loracle will be fine.  They guy prolly still has upper 8 figs even after the loss of more than 20m USD from fooling around with perps. 

I mean yeah it still hurts but he's set for life if he doesn't do anything stupid.  He's prolly in the top 10 of who got the largest airdrop in Hyperliquid.

[asriloni]

^  USDC fees accrued by Circle will be used in a revenue sharing deal to buy HYPE starting on October 3.  It will be a monthly thing and I heard that the purchases will be 10k USD increments via the twap feature in HL spot market.

It will def help support the price a bit.    If some of you guys haven't gotten in yet but are interested, I think now is a good time as any.

Hyperliquid

The total USDC circulation in hyperliquid is more than 6.2b at this time. So we can expect nine figs sharing revenue to fully allocated for the buyback purpose. I consider it's huge consider binance's last burn was not even touching 1b. So it's only matter of time Hyperliquid may be reaching three digits like BNB. 

Apart from that i'm feeling more interesting to see the implementation of HIP1, which let stock token holders to receive dividend directly to their account.

I've been doing trade on variational, and i received dividend from any stock tokenization hold in my wallet. It's gonna be interesting to see the same feature to be available in hyperliquid as well.

It seems hyperliquid is to be as big as binance.

[dwyane36]

It seems hyperliquid is to be as big as binance.

Hyperliquid has already become a fairly large and prominent trading platform in the market. Although Hyperliquid hasn’t yet reached Binance’s levels, at least in terms of trading volume, it nonetheless has enormous potential. Personally, I wouldn’t be surprised if Hyperliquid were even able to surpass Binance in certain metrics within the next 2-3 years.

[tokeweed]

^  Not really sure if Hyperliquid will get to the level of Binance in terms of volume, traffic and liquidity but it's eating away at Binance's market share in the perps market for sure.

And with this continued growth, having almost 50% of Binance volume, traffic and liquidity would def be a win for Jeff and co.

You guys notice that Binance started offering tradfi perps when Hyperliquid launched HIP 3..?  That's not a coincidence folks.  It's Hyperliquid leading the way...