HERE ARE MY HONEST THOUGHTS ON HYPE COIN !!!! | TIME FOR A COOL OFF? | HYPE COIN CRYPTO NEWS TODAY🔥

本站添加: 2026-06-02

[00:00:02]Welcome back to the CryptoZX channel. As you guys can tell by the title of the video, we're going to be talking about Hype Token, which of course is the native token for the decentralized exchange Hyperlid and its ecosystem.

[00:00:17]Um, I wanted to talk about Hyperlid for some time now, specifically over the last week or so, because I've been getting requests on the channel. Uh but I decided to kind of wait a little bit and what better time than today, the last day of the month of May to talk about this. I'm going to share my personal thoughts with you guys and of course uh you know just talk about uh you know the prices and so on so forth.

[00:00:41]So if you're looking at hype token um let's kind of go back in terms of timeline. Uh we've been in a bare market. There's no secret about that.

[00:00:51]And this is one of the very few tokens that has performed insane. And I would say it's the best performer over the course of the last, you know, five, six months. And I'm going to be honest with you, you know, it has uh exceeded my expectation. It has exceeded sorry, it has exceeded my expectations by a long shot. The reason why I say that is because with the performance of the token itself, yes, there are some key factors to kind of keep in mind which kind of makes sense, you know, why the project itself has gained so much popularity and the token itself. Uh but again, you know, we're in a bare market.

[00:01:28]Um over the last 8 n months, you know, we've been in this downtrend, but this token has literally gone full send mode.

[00:01:35]We're going to take a closer look at it, but before we do that, as always, just a quick disclaimer. Anything on this channel is not financial advice. always do to your own due diligence and research when you are investing in crypto. So, shout out to the few viewers on my channel that have requested for me to talk about Hyperlquid. And again, if you want to see some other updates, let me know in the comments. But Hyperlid today alone is up 6%. But before we look at that, let's kind of talk about the numbers, valuation, uh volume, tokconomics, so on so forth. So, the price itself in just the last one year alone is up 113%.

[00:02:09]um in the Bitcoin comparative not so much. Uh valuation 16 and I think this honestly this is a little behind. This makes no sense. I think it's up obviously in the Bitcoin comparative but valuation $16.1 billion and FDV guys fully diluted valuation is sitting at $70 billion.

[00:02:32]Uh but of course you know we got to be looking at the valuation which is current with the current circulation supply which is about a 222.4 million coins. Um 24hour trading volume about 1.3 billion. Again not a major shocker. Uh but with that said let's really look at the performance of this asset. Over the course of the last one week alone it's up about 18.3% but a month time frame is what I want you guys to focus on. 75.6%. And when you look at it on a yearly time frame, it's only one of the few coins that is up. So, a little bit of a backstory on Hyperlid, it's obviously is its own layer one. And on top of that, one other factor is that it is a decentralized uh per exchange. Um the beauty of that is no KYC and on top of that, you know, people can actually uh per trade um crypto assets. they can do um you know even the likes of oil uh trade so stocks so it's like pretty much like a one-stop shop on the blockchain decentralized and people are loving it but with that said the way the thing is set up it's a proof of stake so pretty much I would say last time I checked 45% of the supply so about 222.4 4 million with the time of recording this update about almost 45% give or take uh of those coins are staked. So supply and demand factor when pretty much basic economic rule when demand is high supply is low what happens to the price tends to go up quite sharply. Hyperlid has recently gotten an ETF this month as well which itself has brought in a lot of interest recently in terms of the token itself which has really caused the price to go up sharply. So now the question is could this really hold off?

[00:04:27]One way to look at Hyperlid and um again we're going to kind of get a little bit more into that. Let's kind of talk about the price but uh compare it to Binance now uh you know in terms of price prediction. This is my first update that I'm kind of making. So with the current obviously not all-time high valuation for Binance with the current valuation uh of BNB token uh if you take that into consideration and if hype were to claim that that would be about a $427 hype coin uh and that is obviously considering the circulation supply stays the same. So give or take around 400 a pop. So how I look at it is could this become a reality? To be quite frank with you, I was quite hesitant, but now I'm looking at it from a completely different um you know lens. The reason why I say that is because of course um a lot of activity. At the end of the day, this token is only going to gain value when there is interest on um the platform itself and it's gaining interest and it's like again a one-time like it's pretty much like a one-stop shop uh for trading purposes. You know, people can just do that all on hype hyperlid and you need hype coin, you need the hype token and of course incentives, right? um to actually hold the coin. And as this um platform gets used more, this is only going to um you know increase the value of hyperlquid and again a lot of coins being off circulation and if the demand is there pretty much look at what is happening.

[00:06:05]So let's take a look at the price itself and then I'm going to kind of get I'm kind of going all over the place but let's kind of take a look at the price first. So again the dominance is pulling down. This is giving a lot of coins a room to push towards the upside. I kind of shared uh some statistics regarding stable coins and the biggest stable coin which is USDT uh had seen like a decrease of about $1.3 billion uh from its market cap. What does that mean?

[00:06:30]Money hasn't actually been leaving the crypto space if you've been paying attention. That money is flowing into altcoins and you can clearly see that.

[00:06:37]Just take a look at the last one week.

[00:06:39]Take a look at the last day as well or even the last one month. there is a lot of positive price action out there. Uh so again, dominance pulling down. It's giving altcoins more of a room to push.

[00:06:51]Uh you know, BTC on the other hand, yes, it's sitting at about $74,000. Again, we're in a weekend as of recording this update. Um so CME futures are closed.

[00:07:00]That's something I want you guys to kind of keep in mind. But nonetheless, you know, Bitcoin is going to make a move, a very important move as we do start off this new week. Um so that's where my eyes will be on. Bitcoin is not anywhere near where it needs to be. I'd say, you know, Bitcoin's knocking the door at a very key level and breaking below here could mean lights out for Bitcoin, which could impact the party that we're seeing right now. But with that said, let's kind of go back down to Hyperliquid. And again, I'm showing you guys KCoin chart.

[00:07:28]Um, I'm not going deep into uh, you know, November of 2024, but this coin has been in the markets from November of 2024. So it's not this I would say this is its first actual run. Um it got launched at pretty much the peak of the bull market. I would say it would got launched. But anyhow look at kind of the cycle. I haven't really drawn the fib levels or anything like that. It's just going to kind of go based off of this.

[00:07:59]It's literally sitting at an all-time high as of recording this update. Uh but you could see for yourself. It has had a massive run. specifically speaking just this last May. So again, ETF got announced. Boom. This thing has doubled.

[00:08:15]The valuation literally has doubled just this month alone.

[00:08:21]Just this month alone. And what a lot of people will forget, and I'm not saying Hyperloop cannot go up with the demand that it has right now, especially with the ETF. that has really been the catalyst in my opinion for this massive move that we have seen double and that really should be a wakeup call for people to see how fast things can go up.

[00:08:42]Um because just a few weeks ago you could have picked up Hyperlid at $38 a pop and then it has literally doubled and we're talking about in a bare market. Yes, it is a bare market. So pretty much after it reached an all-time high, after the all-time high, it has gone up an additional 25.56%.

[00:09:03]But the question now is can it realistically, you know, get up to that $400, $500 coin, um, if obviously everything goes as planned, yes, I wouldn't, you know, doubt this because again, if demand is still there and we go into a bull market, you know, this could become the biggest decentralized exchange. But with that said, it does have competition, right? Uh I know it is that first mover. It has that first mover advantage and now it got that ETF.

[00:09:30]It has that institutional interest. Um obviously a lot of onchain activity itself. But there is still that factor that you need to keep in mind which itself is that there are compet there are competitors out there. You can't make the statement that oh well other uh decentralized exchanges are not going to be listing u the likes of uh you know you being able to trade uh you know stocks uh bet on stocks long short um and you know that's not what you can say and with the clarity act I think this is going to become an very very easy way barrier entry is not not that high as you guys might think it's very low barrier of entry so you know you can see a lot of new competition coming in and Aster is one but obviously Aster is still very very low in terms of valuation compared to Hyperlquid. Uh but in all fairness that project hasn't really had a move. It's pretty much stuck at bare market levels right now.

[00:10:32]But this is has been a very impressive move nonetheless. Uh but with that said, you want to be realistic. I know there are big hyperlquid uh you know fans and I'm just going to be honest I don't I've been in the space for a decade if you guys been following the channel for quite some time. I've been in this space for a decade. I am not going to be correct on everything. But, you know, this could be one of those projects.

[00:10:57]Again, when you look at it from that first mover advantage, you got that ETF, you could be seeing something different.

[00:11:04]And this could be one of the projects to be looking forward to, but it has already had a very big run. Uh, literally look at from the beginning of the year, uh, from $20 a pop, it's up about 268%.

[00:11:17]So, almost almost, not exactly, almost 4x. And I'm very happy for the people that caught this. So, with that said, now, you know, it's sitting at an all-time high. Uh, valuation is, it's already top 10, $16.1 billion. You might think, if you're a Hyperlid fan, oh, you know what, Hyperl is just going to continue to go up. Uh, but you want to be realistic here. If BTC lights out here, uh, we could see Bitcoin going down to $70,000. That's my next target.

[00:11:46]Um and um again you got to look at it from a psychological standpoint as well.

[00:11:51]This project has already gone up about 100% over the course of the last two and a half weeks. There are a lot of projects out there in the crypto space that have haven't moved. So people that have caught this move um that might be happy to you know let go of their holdings and these some of these people could be massive whales. So if some of these whales start selling obviously the snowball effect you could see the price start to correct. Next major support nonetheless is around $59 a pop, but it has built up obviously a little bit of support here and there. Uh we could see it come down to $65, that would be the next level, but major support if you were to ask me is around $60 a pop. Um would I be uh confident getting in Hyperl? If you are a long-term accumulator for Hyperlid um and you understand that you know it has pumped and obviously the chance of it going down is there people locking in profits if you're okay with that dollar cost averaging in is your best friend but if you're just a short-term trader I would be very very cautious. Uh I'm not saying it cannot go up but let's be cautious here. thing has pumped up quite a bit and um I think you know we could see we are due for some sort of a pullback and um you know if one some sort of a pullback were to come uh you know $65 uh could be the next level which only is about a 13.7% move but we really want to see how it holds up its ground right um if it's able to hold up its ground here and Bitcoin were to push back below this range and Hyperlid were to obviously retrace and it holds its ground here.

[00:13:28]That would be a very very impressive um you know sign in my opinion because pumped up 90 94% give or take a 13% blowback. Very normal. Nothing is going to go up straight forever. It's not sustainable. Even Hyperlid, I know there's a big fans of Hyperlid out there. Uh yes, September 2025 was its all-time high at $59. Uh but look, it did have that impact. We did fill this wick and then obviously it has had this massive move towards the upside, but I'd be cautious here. Um maybe we could go right now. Obviously there's no resistances. There's no support. So sky's is the limit at this point. Uh we could maybe push up to 75 80 bucks a pop. Wouldn't be surprised. Uh maybe it reaches 20 billion valuation depending on what Bitcoin does. If dominance continues to pull down, um that could be the case. But I want you guys to be cautious. um about Hyperlquid in the immediate short term. Um let me know in the comments what you guys personally think. What's your overall take on Hyperlid? Why are you excited about Hypecoin? And do you think there could be another kid on the block like Astro or maybe another one coming uh in the near future that could overtake uh Hypecoin? Let me know that in the comments. Uh, and again, if you want to see more of these videos right now, you know, I kind of rambled a little bit too much in this update, but I'll bring you guys technical analysis if you want to see those. Those would be short and concise. Thank you so much. We'll see you later. cryptos and pieces.