Binance opened spot trading for $HYPE
And the chart is cracking 👀
Something similar happened with these Altcoins after their Binance listing.
→ $TAO ↓ 45%
→ $SEI ↓ 45%
→ $SUI ↓ 58%
Each of them bled for weeks as early holders finally got the exit liquidity they had been waiting for.
HYPE printed a new ATH near $96 three days ago and is already slipping after the spot debut.
So is a 50% drawdown next?
Here's the part the fear crowd skips. Those tokens were small when Binance listed them.
SUI and SEI were under $1B in circulating market cap, and TAO sat around $4.5B.
HYPE walks in at roughly $21B, backed by $429M in protocol revenue this year and automated buybacks that burn supply.
Moving a $21B asset 50% takes far more selling than dumping a sub-$1B launch.
Binance does bring liquidity. It also hands every early holder a deep, easy exit, so a shakeout is likely, just not a repeat of those charts.
Would you buy this dip or wait it out?
#BinanceWillListHyperliquid(HYPE) #FedOctoberRateHikeOddsRiseTo69.7%
And the chart is cracking 👀
Something similar happened with these Altcoins after their Binance listing.
→ $TAO ↓ 45%
→ $SEI ↓ 45%
→ $SUI ↓ 58%
Each of them bled for weeks as early holders finally got the exit liquidity they had been waiting for.
HYPE printed a new ATH near $96 three days ago and is already slipping after the spot debut.
So is a 50% drawdown next?
Here's the part the fear crowd skips. Those tokens were small when Binance listed them.
SUI and SEI were under $1B in circulating market cap, and TAO sat around $4.5B.
HYPE walks in at roughly $21B, backed by $429M in protocol revenue this year and automated buybacks that burn supply.
Moving a $21B asset 50% takes far more selling than dumping a sub-$1B launch.
Binance does bring liquidity. It also hands every early holder a deep, easy exit, so a shakeout is likely, just not a repeat of those charts.
Would you buy this dip or wait it out?
#BinanceWillListHyperliquid(HYPE) #FedOctoberRateHikeOddsRiseTo69.7%
