Even listings on both of South Korea’s biggest exchanges today couldn’t pump it: $HYPE Upbit opened three markets—KRW, BTC, and USDT—at 3 p.m., and Bithumb followed with KRW at 4 p.m. The reference price was $74.03, opening 2.4% below the previous close of $75.81; it has since slid to $72.09. Buy $10,000 worth at the reference price, and it’s now worth just $9,738. It’s barely up 0.73% over 24 hours, while the broader market fell 2.47% over the same period, so it has held up against the trend. It’s still down over 12% from a month ago, and 24% below its September high. Deposits and withdrawals are only available via HyperEVM, and buy orders are disabled for the first 5 minutes after opening. Polymarket puts the odds of it reaching $100 by year-end at 24.5%, up from 20%. Even a listing on Korean exchanges didn’t send it soaring—would you still chase it at this price?#Hyperliquid #HYPE
