Bear markets are the worst because you’re losing money constantly while seeing the entire TL brag about 1 asset that makes up 1% of their portfolio being up 30%
The low valuation of $HYPE & HyperEVM tokens is just proof that this entire industry is built on money laundering & crime Dead L1s with 3 daily transactions worth billions while protocols making millions on HyperEVM can’t break $50M FDV? Hyperliquid is the truth 🫡
in France… server: *tries talking to me in French me *visibly confused, replies in english server: *continues speaking french … why are they all like this?
Over the past 90 days Hyperliquid made $91M Annualized, that’s $1.1B Using FDV; that’s a P/E of 25… Using market cap (including ALL team unlocks); P/E of 15… Pulling numbers like this in a market slump & when competitors have peak attention & incentives HyperUndervalued🫡
I do not think Hyperliquid metrics improve for a while bc market is down & metrics on exchanges with no incentives are also down & I think exchanges with incentives will see a similar drop off post-TGE According to Lighter bulls, this is me hating & being an insufferable maxi ?
Over the past 7 days, Hyperliquid with no incentives has made 7x more revenue than Lighter with heavy incentives & peak attention $HYPE trading at $28B FDV Fair value for $LIGHTER is $4B If we account for the volume drop post-incentives then fair value for $LIGHTER is ~$1B
guy who thinks government can’t be trusted with tax revenue due to incompetence yet somehow believes the same government would be competent in mass surveillance and overreach