For everyone wondering why crypto is pumping despite rising yields and rate hikes:
The market prices in the "saving." Smart money knows the US will not default, and money printing will become huge.
@alex_hunter20 It would be overpriced at $200, unfortunately. P/E based on FDV would be closer to 100 without revenue rising to $2B/year.
$100–115 is a great price today, I believe.
But in 2028, $200 will very likely be a fair price.
@HypedLaunches There is no business behind it. Classic Ponzi. Once attention fades, it will be dead.
I'd buy purr-2:native instead, the pure meme created by the Hyperliquid team. No misleading or fake flywheel.