$HYPE went live on Binance spot yesterday with three pairs, and it dropped 4.6% instead of rallying.
That's not the reaction most tokens get from a major exchange listing.Binance also attached a Seed Tag, meaning traders must pass a risk quiz every 90 days just to trade it. Meanwhile Hyperliquid itself keeps performing, $9 billion in open interest and $59 million in revenue over the past 30 days, with part of that funding token buybacks.
Sometimes a listing is priced in before it happens, and the real news gets sold rather than bought.
Did the Binance listing change your view on $HYPE or was this expected?
#Hyperliquid #hype #Binance #CryptoNews #BinanceSquare
That's not the reaction most tokens get from a major exchange listing.Binance also attached a Seed Tag, meaning traders must pass a risk quiz every 90 days just to trade it. Meanwhile Hyperliquid itself keeps performing, $9 billion in open interest and $59 million in revenue over the past 30 days, with part of that funding token buybacks.
Sometimes a listing is priced in before it happens, and the real news gets sold rather than bought.
Did the Binance listing change your view on $HYPE or was this expected?
#Hyperliquid #hype #Binance #CryptoNews #BinanceSquare
