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Every single DAT is in the red...
Except one.
Hyperliquid Strategies (PURR)
Bitmine: down $7B 📉
Strategy: down $1.9B 📉
Twenty One Capital: down $1.5B 📉
Meanwhile $PURR: up $608M buying $HYPE 📈
Hyperliquid.
Paging all .HL's...
Introducing Proof of HYPE
Drop a handle and find out who's actually been spreading the word about @HyperliquidX on X / Twitter
Who's really been putting in the work? 👀
The Unit chads are selling the tokens they got as fees for providing spot assets on Hyperliquid right now.
They usually buy back $HYPE with it.
Alignment in the HL ecosystem is unmatched.
Selling on Coinbase is hitting extremes.
The CB premium index has only been this negative 4 times since 2024.
A lot of sell pressure is probably coming from ETFs. They sold $2B worth of bitcoin:native this month!
Solana went from $14B to $87B market cap in just 5 months.
What if $HYPE pulls the same move?
SOL came right out the bear market.
JTO and BONK airdrop revived the ecosystem.
Pump launched and the rest is history.
Context is different for HYPE, sure. But the similarities are there: massive attention, builders grinding and a real userbase.
Tl;dr: People forgot how to dream.
Hyperliquid.
The Unit chads are selling the tokens they got as fees for providing spot assets on Hyperliquid right now.
They usually buy back $HYPE with it.
Alignment in the HL ecosystem is unmatched.