It's official:
Crypto has now erased more than HALF of its value in just 8 months.
On October 6th, 2025, the total market cap of crypto hit a record $4.3 trillion.
Today, 261 days later, crypto is worth just $2.0 trillion, marking a -54% decline in value.
This means crypto markets have erased an average of -$8.8 billion PER DAY for 261 days straight.
Crypto is in desperate need of a new narrative.
Why is $HYPE down? Same reason as every time.
Buybacks prop the bid until insider vesting unloads into it.
534k tokens unstaked May 29, distributed June 6. This was the call. It will keep being the call.
Take profits stop holding.