Every Thursday I talk about what's happening on @HyperliquidX
This week was actually interesting let me break it down for everybody, whether you know crypto or not🌺
First thing: imagine being able to invest in $HYPE through your regular bank or stock app.
No crypto wallet, no technical stuff.
A company called @Grayscale just made that possible. That's a big deal because it means way more people can now get in without the stress.
Second thing: a major firm quietly moved $12.6M worth of $HYPE somewhere they control long term. When big money moves crypto OFF exchanges, it usually means they're not planning to sell. That's them saying "we believe in this" with their actual money.
Third thing: while most of crypto was dropping this week, $HYPE stayed up around $72. The platform uses its own trading fees to buy back tokens regularly. Less supply, price holds. The machine is running.
One thing to watch: June 6, about $684M worth of locked tokens become available. If those holders sell, price feels pressure. If they hold, that's another confidence signal. We'll see.
No big news this week, Just a quiet, steady growth.
My question for you is when big traditional money starts entering a crypto project like this, does it make you more confident or more cautious? 👇
Every Thursday I talk about what's happening on @HyperliquidX
This week was actually interesting let me break it down for everybody, whether you know crypto or not🌺
First thing: imagine being able to invest in $HYPE through your regular bank or stock app.
No crypto wallet, no technical stuff.
A company called @Grayscale just made that possible. That's a big deal because it means way more people can now get in without the stress.
Second thing: a major firm quietly moved $12.6M worth of $HYPE somewhere they control long term. When big money moves crypto OFF exchanges, it usually means they're not planning to sell. That's them saying "we believe in this" with their actual money.
Third thing: while most of crypto was dropping this week, $HYPE stayed up around $72. The platform uses its own trading fees to buy back tokens regularly. Less supply, price holds. The machine is running.
One thing to watch: June 6, about $684M worth of locked tokens become available. If those holders sell, price feels pressure. If they hold, that's another confidence signal. We'll see.
No big news this week, Just a quiet, steady growth.
My question for you is when big traditional money starts entering a crypto project like this, does it make you more confident or more cautious? 👇
Guess what guys? The Myle app is now live on the App Store🌺
https://t.co/mpVwPa3iCC
Your runs are finally private, encrypted, and yours alone.
The NYC Run Club is this Sunday, June 7th.
And don't forget if you're not in NYC you can run from wherever you are, log it on Myle, and still get that Fhenix swag