Sustainability fee doubled doesn’t mean the coin will rise.
On $HYPE , daily fees were about 4.65 million; the previous day about 2.22 million; month-over-month about +110%.
Marked at 92.5, down 0.8% day-on-day. Holdings about 2.02 billion; daily nominal about 660 million; inventory squeeze about 3.1x.
Rent is burning, while the face value cools first.
#永续费用 #HYPE bill