Just saw someone post a message and I was a bit shocked:
They said HyperliquidX token $HYPE has a market cap exceeding the combined total of Nasdaq and the London Stock Exchange.
I went through the math carefully. I think what they’re saying is that the FDV isn’t the current circulating supply—though it’s not far off 😅😅
Now, the FDV of $HYPE is $91.4 billion by the Coinbase standard. CoinGecko, using a cap of 1 billion tokens, puts it at about $96.0 billion.
Nasdaq, Inc.: as of September 18, its market cap is about $52.29 billion.
London Stock Exchange Group (LSEG): market cap is about £39.8 billion, which is roughly $53.0 billion (using an exchange rate of 1.34).
As long as $HYPE goes up another 10%–15%, then it will truly achieve this a little scary milestone.
Back in August, I bought in while going against the institutions’ unlock-and-sell pressure. I sold quite a bit around 90+, but for the remaining position I plan to hold on for dear life. I feel like breaking 100 is basically a sure thing.
When I was chatting with friends in Bhutan, someone said if it can break 100, then breaking 200, 500 could also be possible. I can’t even imagine that big, but I hope this bull market can at least touch 200 😍🥰
Without saying anything else—Hype’s main trait is that it’s stable! This bull run will definitely be one of the main storylines.
They said HyperliquidX token $HYPE has a market cap exceeding the combined total of Nasdaq and the London Stock Exchange.
I went through the math carefully. I think what they’re saying is that the FDV isn’t the current circulating supply—though it’s not far off 😅😅
Now, the FDV of $HYPE is $91.4 billion by the Coinbase standard. CoinGecko, using a cap of 1 billion tokens, puts it at about $96.0 billion.
Nasdaq, Inc.: as of September 18, its market cap is about $52.29 billion.
London Stock Exchange Group (LSEG): market cap is about £39.8 billion, which is roughly $53.0 billion (using an exchange rate of 1.34).
As long as $HYPE goes up another 10%–15%, then it will truly achieve this a little scary milestone.
Back in August, I bought in while going against the institutions’ unlock-and-sell pressure. I sold quite a bit around 90+, but for the remaining position I plan to hold on for dear life. I feel like breaking 100 is basically a sure thing.
When I was chatting with friends in Bhutan, someone said if it can break 100, then breaking 200, 500 could also be possible. I can’t even imagine that big, but I hope this bull market can at least touch 200 😍🥰
Without saying anything else—Hype’s main trait is that it’s stable! This bull run will definitely be one of the main storylines.
