$SPCX will be the talk of the town this weekend and there will only be one place to check live price
The "in the know" kids will show their friends this shiny new platform. Mainstream retail adoption remains in the earliest of innings
$1.4B volume day btw
Hyperliquid
Elon just created 4,400 millionaires in a single day.
400 of them are now worth over $100 million.
These aren't VCs. They're SpaceX employees, and the list includes welders, technicians, and cafeteria staff, because for two decades the company paid every level of the workforce in stock instead of higher salaries.
Juan Hernandez immigrated from Mexico and took a $28 an hour contractor welding job in 2015. He says he didn't even know what SpaceX was. The company gave him a $10,000 equity grant and let him buy more shares through payroll deductions. That stake is now worth $880,000.
Trevor Hise's parents wanted him to take a stable job at General Electric. He picked SpaceX instead, stayed 12 years, and accumulated over 100,000 shares. At the $135 listing price that's $13.5 million. He's 37 and semiretired. His words: "The magnitude of this has been ridiculous."
The most telling detail came before the listing. Over 100 employees quietly banded together and negotiated a group wealth management deal covering up to $5 billion, because none of them had ever needed a wealth manager before.
Software IPOs have minted millionaires for 30 years. This is the first one where the money went to the factory floor.
We've exited the era of crypto as niche experimental technology for hobbyists and ideologues.
We've entered the era of crypto as a real upgrade to the financial system, a challenge to incumbents using regulatory moats to defend old products against innovation.
Innovation wins.
Total call open interest continues to rise on $PURR as volume compresses for the next move
I still believe we will see a gamma squeeze in $PURR because it's the only way to buy calls in size on Hyperliquid
This stacks on top of the Hyperliquid thesis I have been laying out
The best part about it is that we just had a small pull back where everyone lost all belief. We took out all of the weak hands and now setting the stage for a larger rally in my view
I make no apologies for my conviction. When you map flows and positioning, conviction is research based and has ZERO to do with sentiment or vibes. This is pure flows
Welcome to global macro
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If you are long Hyperliquid or $PURR you need to watch this clip with @JacobRobinsonJD
The stage is being set for a massive run and no one understands the potential