Post
SaniaETH
Not entirely sure why people are becoming disgruntled and angry with how $HYPE is trading.
It is valued at ~$60B FDV while making ~$600M annual revenue... 100x P/E while achieving 0 revenue growth over the past 2 years.
I like Jeff and Hyperliquid as much as anyone but at what point do we admit that a sell off doesn't mean anything other than that the token was overvalued a few weeks ago
companies take time to grow, you can not expect the token to just 2x every single month without any drawdown while fundamentals stay the same.
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