Just my two cents: Hype itself looks pretty bad based on TA right. If we are not bullish on BTC, it's hard to think that Hype should do well. Many of these DATs can trade below 1.0x mNAV. It seems the only two Cos that have the ability to fundraise are MSTR and BMNR and even those 2 are struggling
I've never seen an altcoin do well in a bitcoin bear market (which we're likely going into at the moment). If you get this correct, it'll be a 1 in a million call. I'm not touching HYPE with a 10-foot pole until at the very least, the 2028 BTC halving
Did you miss the unlock that started on November 29, 2025 and will run for 24 months? The potential unlock exceeds the buyback and seems to credibly be a massive headwind for the token price. You didn’t list it as a risk and I think it’s probably the biggest one. Would like to hear how your thesis still holds with that unlock in place.
As far as I can tell we have not seen the final 8k with some true ups
The above was drawn from the proxy provided for the vote on SONN shares. Obvii huge value destruction owning through that even with the held "profits" from previous trade.
How do you think about recent team unlock of $HYPE? Seems like the unlock is steady and the % being dumped to the market is unpredictable(founder may choose to hold longer but who knows). Unlock schedule can be find on Defillama.
Just my two cents: Hype itself looks pretty bad based on TA right. If we are not bullish on BTC, it's hard to think that Hype should do well. Many of these DATs can trade below 1.0x mNAV. It seems the only two Cos that have the ability to fundraise are MSTR and BMNR and even those 2 are struggling
Holding this thru the volatility you expect?
24 months of 10m HYPE weekly unlocks just began recently. Shouldn’t that be included in the risk portion of the assessment?
I am bullish HYPE longterm. Personally I rather own the coin outright.
I think this was a sponsored post.
Why does it have such a retarded name
Part of Hyperliquid lore.
Also the ticker works well with hype. Hype + Purr = Hyper
I've never seen an altcoin do well in a bitcoin bear market (which we're likely going into at the moment). If you get this correct, it'll be a 1 in a million call. I'm not touching HYPE with a 10-foot pole until at the very least, the 2028 BTC halving
Interesting fundamental piece on hype https://x.com/i/status/2001297056774619390
Did you miss the unlock that started on November 29, 2025 and will run for 24 months? The potential unlock exceeds the buyback and seems to credibly be a massive headwind for the token price. You didn’t list it as a risk and I think it’s probably the biggest one. Would like to hear how your thesis still holds with that unlock in place.
Proxy-Based Model
Cash: ~$61M
HYPE: ~12.57M tokens
Treasury Value @ HYPE $33: ~$476M
NAV/share: ~$3.07 (on 154.8M shares)...
As far as I can tell we have not seen the final 8k with some true ups
The above was drawn from the proxy provided for the vote on SONN shares. Obvii huge value destruction owning through that even with the held "profits" from previous trade.
You're numbers are not the number I got when pulling from the Proxy voting docs for SONN conversion
Sorry I meant monthly not 10m a month. EDIT: didn’t realize that paradigm was involved with this.
How do you think about recent team unlock of $HYPE? Seems like the unlock is steady and the % being dumped to the market is unpredictable(founder may choose to hold longer but who knows). Unlock schedule can be find on Defillama.
Is this the PURR you're referring to?
https://www.coingecko.com/en/coins/purr-2
Has a kitten as it's logo...
No its Nasdaq: PURR
It’s an equity on nasdaq
Thank you!
Do you have visibility on 1) insider ownership of the shares, and 2) salaries for key executives? Thx
Are you adding?