On November 29th, 2024 HYPE began trading with a starting price of $2. On that day:
- BTC was $98K
- ETH was $3600
- SOL was $240
Fast forward a year and a half, HYPE is up more than 35x and is even trading at the same price as SOL at $72.
Hyperliquid
Grayscale Hyperliquid Staking ETF (Ticker: $HYPG), the $HYPE ETP with the lowest gross management fee in the U.S.¹, starts trading tomorrow.
$HYPE is the asset powering 24/7 onchain markets, with @HyperliquidX driving trillions in perpetual trading volume²
Direct $HYPE exposure and staking. In your brokerage account tomorrow.
Hyperliquid.
Hyperliquid, a decentralized crypto platform, is open 24 hours a day, seven days a week. The exchange has emerged this year as a go-to spot for Wall Street’s weekend warriors. https://t.co/3RFisC8oso
Sold 100% of my spot $HYPE here at $73.
Not saying it won't go higher. I believe it will be the #1 runner of the next cycle. And yes, I love the product. But at the end of the day, Vitalik is writing a privacy novel, and I genuinely believe it will onboard the next 100 million users. You simply cannot compete with narrative-driven literature as a go-to-market strategy.
Fully allocated into $ETH now. Will DCA back into HYPE around $5-10, or after the book tour, whichever comes first.