Undervalued altcoins? 👀
Bitwise analysts believe $HYPE , $UNI and $AAVE are undervalued.
Their view: the market hasn’t fully priced in the link between real protocol revenue and token value.
Meanwhile, Hyperliquid is spending ~99% of its fee revenue on HYPE buybacks - and has already bought back and burned $1.3B worth of tokens.
If the connection between revenue and token valuation strengthens, these valuations could double.
#hype #UNI #AAVE #Hyperliquid #BinanceSquare
Bitwise analysts believe $HYPE , $UNI and $AAVE are undervalued.
Their view: the market hasn’t fully priced in the link between real protocol revenue and token value.
Meanwhile, Hyperliquid is spending ~99% of its fee revenue on HYPE buybacks - and has already bought back and burned $1.3B worth of tokens.
If the connection between revenue and token valuation strengthens, these valuations could double.
#hype #UNI #AAVE #Hyperliquid #BinanceSquare