A largely followed cryptographic strategist thinks that several fundamental factors conspire to send the hyperliquid of the layer 1 (hype) protocol to much higher assessments.
Pseudonym analyst Flood told its 255,500 subscribers on the X social media platform that it is optimistic about decentralized exchange even after Hype printed a new summit of $ 39.68 yesterday.
According to the analyst, the threshing media is “always cheap” when you take into account the growth trajectory of the platform in the decentralized exchange space.
“Why are you still paid on the purchase of media threw at $ 39:
– many standards unable to buy, these people cannot understand how to get in chain
– not listed spot in a level 1 exchange
– The token complaint is expensive here does not priced any growth, while hyperliquid has increased its open interest in two figures for percentage of week on weekdays
– $ 770,000,000 at present, buy -back income (market purchases)
– Exchanges are the most profitable companies of everyone in cryptography, you get an exhibition to the fastest
– No unlocking of private market investors, no acquisition bags and no dear offers
– Most importantly, manufacturer’s codes, if you are a developer building a product that wants to interact with permanent trading, there is only one place on which to rely and it is hyperliquid.
Always cheap, my profit levels at $ 40 billion in circulation. Not fully diluted assessment.
$ 100 also at the psychological level, namely. »»
The beaten media has a market capitalization of 12.402 billion dollars, indicating a potential of 222% if the layer 1 platform reaches the level of profit from Flood.
At the time of the editorial staff, the media is worth $ 37.07.
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