Honestly, whenever I write about $HYPE , I feel like I’m running out of things to say. It always comes back to the same old story about token burns. But Hyperliquid really does have strong fundamentals, and it also has a regular buyback-and-burn mechanism funded by profits—basically, using its own profits to fuel the burns. On top of that, financial institutions are also accumulating HYPE as a reserve asset. So even though 9.92M tokens are scheduled to unlock on October 6, the price is still up quite strongly today. That shows it’s not just a reflection of the market’s ability to absorb the supply, but also the confidence that large investors have in the platform.
$HYPE
#Hyperliquid
$HYPE
#Hyperliquid