🎯 Even the strongest chain has fallen back to $78; the hype has faded
📰 HYPE is now at $78, down 0.6% in 24 hours. It has slowly slid 40% from its $126 peak, with daily trading volume down to just $3.18 billion—a clear drop in activity.
💬 Here’s something interesting: last year, it was the star of the show; now it’s fallen to fifth in trending searches. Its on-chain perpetuals business is still making money, but its premium is being gradually squeezed away. It’s the valuation taking a hit, not the underlying thesis. With this kind of token, you can only wait for sentiment to recover—there’s no rushing it.
🏷️ #Hyperliquid #HYPE #DeFi #ValuationReset
📰 HYPE is now at $78, down 0.6% in 24 hours. It has slowly slid 40% from its $126 peak, with daily trading volume down to just $3.18 billion—a clear drop in activity.
💬 Here’s something interesting: last year, it was the star of the show; now it’s fallen to fifth in trending searches. Its on-chain perpetuals business is still making money, but its premium is being gradually squeezed away. It’s the valuation taking a hit, not the underlying thesis. With this kind of token, you can only wait for sentiment to recover—there’s no rushing it.
🏷️ #Hyperliquid #HYPE #DeFi #ValuationReset