So basically perps product on Hyperliquid L1 was accruing 2M in fees on some days this week. What if volumes 10x? All is going to buying $HYPE back. What happens when evm launches and tvl multiplies? These valuations are silly, has to go so much higher.
If only Jeff airdropped $HYPE tokens to megaeth, bera and monad devs.
Wouldn't see them fighting and stressing out about launching their tokens soon since VCs need to unlock during bull that might end a year from now.
Would just be buidling on Hyperliquid.
Interesting what 100M bitcorn long whale on hyperliquid uploaded. You would assume he got more points. But no. And people think hyperliquid perps volume is mostly points farming. Nope.
If my memory is correct (probably not), this is third day of around 10B volumes on hyperliquid. That prints more than 2M in fees that are mostly sent to buy $HYPE. 10M weekly will become norm.
You all gonna be rich pimps. PnL is from fees accrual address.
On a more serious note roughly 120k of $hype tokens. Thank you @HyperliquidX and @chameleon_jeff and everyone involved. Much much much more than generous.
Next large $HYPE selling event should occur in April (marked orange). Some selling pressure might occur on days marked blue as well. This was leaked in Belgian.
Imagine what a massive win this is for Osmosis and Cosmos in general.
Levana and Vertex are Terra survivors. Vertex relaunched on Arbitrum, Levana on Osmosis and other Cosmos chains.
Levana on Osmosis will launch/launched at a higher FDV than Vertex did on Arbitrum. $LVN
Now remember Senpai Jeff (may Lord bless his soul) didn't push us over 14 buckarinos with stimulus from Assistance fund. Which means we are due for one soon. Expecting Monday 3M buckarinos boost. $HYPE
The mistake that many will make is selling at these levels and sending those monies to trade themselves on perps to zero. Assistance Fund spent 3M to buy $HYPE at these levels and you selling? Makes no sense.
Frens, don't be discouraged by this price action. Our gigabrain thinker Cryptocito predicts $Atom price to reach 350-400$ per $Atom. That's a rough estimation, it might overshoot and reach 500-600$ or 800$ or more. Easy money.
Some ideas about hyperliquid fdv.
When multicoin released their thesis on drift, they started comparing themselves to hyperliquid. And just putting themselves in the same conversation allowed their mcap to add 75M.
Thinking $hype starts trading at multiple billions fdv.
Don Cryptonium will be the first person that makes a million from a Cosmos coin (except devs, contributors, advisors, cabal, insiders, early investors, Zaki and his boyfriends).
Soon Mr. Dragon will find out that there as many Ninjas in defi as there are Seilors (and Neutroids).
Why we putting these ghost networks that no one will use when we could put everything under one Osmosis network (since it's largest). Better UX.
You all bull posted hyperliquid so much that Senpai Jeff has to spread some fud by delaying the airdrop to restore the balance.
You did it to yourself!!!
The only way people start pricing Osmosis as an L1 is if the token launched on it pumps.
Then people say oh look this nice token. What is it? Oh it's a token launched on Osmosis L1.
Sunny better pump it. $LVN
Seen this many times. Once there are news about a coin, hyperliquid volumes spike. Quite a bit of users using it because it's the best place to trade, not because of points.
To all my Cosmos friends concerned with the recent price action .... remember there are:
156 confirmed airdrops for $Atom stakers.
254 confirmed airdrops for $Tia stakers.
372 confirmed airdrops for $Inj stakers.
555 confirmed airdrops for $Osmo stakers.
๐ฅฉ๐ช๐พ
There is no point in selling at these levels. Just exchange fees spent by Assistance fund will sustain these levels. Plus still no evm (tvl will expand by a lot after), no staking (less available supply to sell after). These are silly price levels. Has to go much higher. $HYPE