HYPE

Backrus

Think about it, Tom Lee has bought 5% of supply and price barely moved. Without him, it's sub $1000 token. Nothing more than a premine which doesn't know what exactly it is. If you wanna gamba, just go BTC/HYPE, work out ratios, but last time I check it was something like 90/10 split. You can buy HYPE etf, and cashflow is quite easy to plug into tradfi models. Hyperliquid got integrated into Bloomberg Terminal recently, it's the defacto crypto killer app (and the only real world use case aka trading).

000wintermute000

I also have $HYPE .

AutoModerator

Post is by: chainglance_cm and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1x0udgi/why_hype_is_surging_and_what_could_crash_the/ If you've been on crypto twitter at all lately, you've probably seen the hype around HYPE (yes, I did that on purpose). And since it started pumping, everyone's doing the usual thing, zero research on what it is or why it's going up, and just shilling the fuck outta it or getting shilled.  If you've been watching from the sidelines with some FOMO but want to understand what's actually driving this before you make a move, I did some research and here's why HYPE is suddenly so big (feel free to add or correct anything).  **What Hyperliquid is** Hyperliquid is a perp DEX, and it's the one that finally made on-chain perps feel as smooth as trading on Binance. Instead of building on top of an existing chain, the team built their own L1 designed purely for trading, with a fully on-chain order book. That's what lets it match CEX speed and fees while you still keep your own keys and skip KYC entirely. That combo is why volume migrated over so aggressively, and today it handles a huge share of all on-chain derivatives activity. It makes money the way any exchange does, through fees on every trade. **What HYPE is** HYPE is Hyperliquid's native token. You can stake it to help secure the chain, use it to vote on protocol changes, and holding it gets you lower trading fees. The real reason people care, though, is what the exchange does with its revenue. **How the buybacks work** Hyperliquid uses its trading fees to buy their own token, HYPE, off the open market and then burns it, which means those tokens are gone for good. It's basically what Apple does with its stock as well. Buy back shares, fewer left in circulation, each one owns a bigger slice of profits.  So more trading means more fees, more fees mean more HYPE bought, and the circulating supply keeps shrinking. There's a buyer in the market every single day that never sells. And since in HYPE’s case, the bought tokens get burned, there are fewer HYPE left over time. If demand stays the same but there are fewer tokens to go around, the price goes up.  In one recent 24-hour window, Hyperliquid bought and burned 112,580 HYPE, worth about $10.15 million. Total removed so far is roughly 49.25 million HYPE, around $4.45 billion worth. **The second, bigger buyback engine** This is the main catalyst behind the recent run. Every leveraged position on Hyperliquid needs collateral, and most traders use USDC for that. Add that up across the whole platform and Hyperliquid is sitting on billions in USDC at any given time, all of it earning yield. For a while that yield wasn't doing anything for HYPE holders. Then in August, Hyperliquid switched on a system called AQAv2, which sends 90% of the yield from roughly $5 billion in USDC reserves straight into automatic HYPE buybacks and burns. It went live on August 26, with the first payout scheduled for October. So now HYPE has two buyers working at the same time, one funded by trading fees and the other by yield on deposits. The more the platform gets used, the harder both of them buy. **What else added fuel** While AQAv2 is the biggest catalyst behind the recent surge, a few other events added even more momentum. Hyperliquid launched tokenized NVDA, QQQ and SPY that trade 24/7, pulling in people who'd never used a perp DEX. US regulators also gave tokenized stocks a lot more legitimacy this year. The SEC and CFTC put out guidance in January and March, and in September the SEC announced a five-year exemption for platforms trading tokenized securities. None of it approves Hyperliquid directly, but it took the whole category out of the gray zone. On the TradFi side, Bitwise and Grayscale launched spot HYPE ETFs (huge credibility booster), so every dollar going into them buys real HYPE. And Bloomberg just listed Hyperliquid's perps on its Terminal, putting it in front of basically every fund manager (more credibility). All of this means more volume, more fees and more USDC sitting as collateral, which all ends up as more HYPE bought and burned. Open interest just hit a record $18 billion. **What could go wrong** Things look really promising right now, but there are a few risks that could stall the run or kill it entirely. Hyperliquid Labs is selling 3.75 million HYPE (about $340 million) OTC to a single unnamed institution. The whole bull case is built on supply shrinking, and this adds more than a month's worth of burned tokens back into circulation in one go. It won't hit the order book directly, but OTC buyers often get a discount and can sell for a quick profit once they're able to.  On top of that, the team selling a big bag right as the price nears ATH doesn't exactly scream confidence. And plenty more supply is still locked, so this won't be the last time. All USDC on Hyperliquid comes in through a bridge, and bridges are among the most hacked contracts in crypto. A hack would hit user funds and the reserves funding the new buybacks. The validator set is small and closely tied to the team. In March 2025, they delisted the JELLY token and settled positions at a price they picked to stop a manipulation attempt. It protected the platform, but showed a few people can override the market. The same SEC guidance that legitimized tokenized stocks also says they're securities, and Hyperliquid offers them offshore without SEC registration. Stricter enforcement could turn that growth driver into a problem. And it all depends on activity. If volume dries up, both buyback engines slow down. With all that said, what you do with this info is up to you. And if I missed something or got anything wrong, drop it in the comments. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

vandalizethethief

I disagree. I started the year with 0% exposure to crypto and not a believer then I discovered Hyperliquid in February. I bought at thev time a small stake in HYPE at a cost basis of \~$38-$40. Ive 2.5X my money this year. Its bc it was trading at the equivalent of an 18 P/E with massive upside

KamikazKid

What are you on about? Private block chains are taking over, visa has its own chain not to mention Base, robinhood is launching its own chain as well as HYPE chain doing record tokenization of stocks. Blockchains are winning, even bank of America is developing a Blockchain. Private blockchains are proving to be faster, more secure, and cheaper than their current electronic payment systems.

SuleyGul

This is a bad take. This time around there is actual protocols with significant revenue generations and RWA applications that are set to do extremely well this cycle. Projects like HYPE, PUMP, AAVE, UNI, ASTER, SKY, LINK to name a few. IMO this is the cycle where crypto is maturing from memes to actual real world utility and revenue generation. I don't expect a broad based alt season but projects with actual utilityz revenues and adoption to significantly outperform.

SpontaneousDream

HYPE's total cap is \~$90B vs. ETH's $300B. Let that sink in. Facts: * Last month, ETH burned about $5.7M, yet its total supply GREW by about $235M due to new staking issuance because of its infinite supply. * Last month, HYPE burned $55M worth of tokens, which was removed from total supply due to a hard cap of 1B total HYPE tokens. ETH burn yesterday was literally $60k USD. New issuance was $8.1M USD. * On average, Hyperliquid consistently makes about $2M per DAY, 99% of which is programatically bought back and burned by the protocol. HYPE is up over 200% vs ETH this year alone. It will eventually flip ETH, mark my words. Like, why the fuck is anyone actually holding ETH at this point? Honestly.

pitalik

Usdc issuer circle just deposited $14.5m into hyperliquid, to fund HYPE buybacks and burn. $14.5m is the monthly yield on over 6b in USDC on hyperliquid. That is more than 10% of all usdc in existence, on hyperliquid

Peturio

A little late, but hopefully still useful: ran your positions our portfolio risk analysis tool at [Sentralis.io](https://sentralis.io), the portfolio risk analysis I'm building, with no price trend assumed. In a one-year 25k path Monte-Carlo simulation on the past year's volatility and correlations, the worst 5% of outcomes lose 57% or more, and the median path passes through a 45% drawdown. About one path in six ends the year below the 1100.- paid. One path in seven doubles and one in eighteen for the same money in BTC alone. BTC is 35% of the money but only 25% of the risk. PENDLE, AAVE and HYPE are 34% of the money and 43% of the risk, because they run at 85% to 102% annual volatility against 44% for BTC. HYPE is still your best diversifier, with a correlation of about 0.5 to the other five coins, while BTC, ETH and SOL move together at 0.87 to 0.91. For your sell ladders, the same data puts monthly volatility at about 13% for BTC, 17% for ETH, 19% for SOL, 25% for AAVE, 28% for HYPE and 29% for PENDLE. All figures are model estimates, not predictions

polyamerica

SOL, TAO, ZEC, NEAR, ENA, HYPE, and CC. Trust me bro……

Temporary-Cause730

Depends if you want higher returns with more risk, or a "safe" play. ZEC for higher upside, HYPE for a safer investment. 

mixedfeelingz

HYPE

PuzzleheadedBell4057

HYPE. I don't think any coin has better tokenomics.

tourbladez

How about HYPE?

tourbladez

I just sitting on BTC, ETH, HYPE, and TAO. Doing a little DCAing into BTC....

DanielTheTechie

I already did my homework during the floor of the bear market: when BTC touched the weekly SMA200 I did all my purchases using this distribution: 40% BTC 20% ETH 10% SOL 10% HYPE 10% PENDLE 10% AAVEE These are my current returns: https://preview.redd.it/cdvliuyryesh1.jpeg?width=1366&format=pjpg&auto=webp&s=5b1c56e2e4e2613a21ec3e3dd3db1456244805d9 And I already opened the limit sell orders too based on each coin's monthly volatility and in two different levels per coin. So when it comes to the long-term investing part, I'm done until 2027-2028. And in a separate account, in a different exchange too, I'm doing my weekly trading activity.

GesturalAbstraction

Sorry you said the cycle for hyper liquid went crazy yesterday? Checks notes - ETH 1 day, down 0.58. HYPE 1 day, down 1.33% … ETH 1 week, up 3.04%. Hype 1 week, down 0.59%. Are you not seeing what I’m seeing somehow?

Backrus

Performance this year vs benchmarks (BTC and MSTR); performance since we started bull on August 24 (close above weekly ema50), whales' positioning, ETFs flows, and narrative simple enough that even average redditor can understand it (ZEC is privacy, although honeypot lol, but number goes up, but just use Monero, HYPE is basically better CBOE/RH, although for options there's DRV, LIT is the same so it's diversification, NEAR has been he best out of AI plays). Then again, alts shouldn't be more than 5% of your overall stock portfolio. Disclaimer: I've had those since 2025, so my cost basis is infinitely small. Still, every cycle worked like that - early winners just kept running and winning even more.

Backrus

Honestly, no point for quite some time. First of all, there's no such thing as "investing" in crypto - to invest in something, it has to have fundamental value. Tokens created in 15s (yes, it takes that long) don't have any fundamental value. You can argue BTC has some, but still, you're gambling on price appreciation without any logical reason. When IBIT options launched, BTC lost its ability to generate upside volatility (in January GVZ flipped BVIV, and BVIV chart alone is just sad). Without that, it's just another stock with market like returns and much bigger downside risk. So it's hard to find honest argument to have it in your portofolio on a risk-adjusted basis. Then again, if you have to hold something, do it with BTC - there are periods when it decorrelates from stocks (but over last 3 years it decorrelated from the upside lol). Since COVID dump / post 2021, stocks have better volatility, and better risk-adjusted returns (BTC has been the worst performing asset in the world on an absolute and risk-adjusted basis since IBIT options launched on November 19, 2024; although it might change with the start of new bull market on August 24). Not to mention all the investor protections in the world. If you still wanna gamba, this cycle has already decided its winners: HYPE, LIT, ZEC, NEAR.

Right_Strength2170

Eth's been underperforming for years now. In this years bear market HYPE had about the same return as ETH had the entire prior bull, which is funny (about +300%).

yesyasmin

MINA, HYPE, and holding ZEC since it was an infant

clutchtho

ETH, HYPE, SOLANA are really the only answers imo

KidAmulet

Let's you and me come back to this comment in August 2027, when BTC is only up 3x (from $85k), and the others are up 6 to 10x and have much more adoption and use cases (which is already true). BTC legitimized the industry. It's work is done. Once the market realizes there are better digital assets, the crypto industry will be a lot better off and no longer a slave to BTC price action. Good thing is the decoupling already started this year with HYPE, ZEC, VVV, and NEAR price action while BTC was in a bear market.

Peturio

ZEC is the whole story here. It runs at about 150% annual volatility, more than twice SOL, so with 48% of the money it carries 72% of the risk and the four coins behave like 1.8 independent bets rather than four. The upside of that is real. In a one year simulation from current volatility and correlations with no trend assumed, 30% of paths double and the top 5% end above 7x. The other side is that the worst 5% lose 71% or more (BTC alone, 51%), five paths in six go through a 50% drawdown at some point, and one in three goes through 70%. This mix does not do moderate. Two things about ZEC the weights don't show. Over the last twelve months its correlation to SOL, NEAR and HYPE was 0.35 to 0.45, low for crypto, which is why the diversification ratio is a decent 1.19. Over the last 90 days that has flipped. ZEC's beta to BTC is now about 1.9, the highest in the book, so a 30% BTC drop today maps to ZEC −56%, NEAR −40%, HYPE −38%, SOL −35%, and the book −46%. The coin that diversified you last year is the one most sensitive to BTC right now. Replays on today's weights. The October 2025 to July 2026 bear, which cost BTC 51%, would have made this mix +47%, entirely because ZEC rose 152% inside that window while SOL fell 66% and NEAR 39%. The path still went to −22% first, in March. The June 2026 liquidation cascade cost 29% in five days and ZEC fell 33% in it, so in a fast deleveraging it does not hedge anything. The FTX window costs 41%, mostly SOL at −63% (HYPE did not exist yet and is filled in by beta). One number to distrust. Resample the last twelve months of actual daily moves and the median outcome is 14x. That is not a forecast, it is the 2025-26 ZEC rally dominating the sample, and what it tells you is that this book's entire track record is one event. Liquidity at retail size is a non-issue for all four, and a stock market shock on its own barely registers. As usual, there are model estimates under those assumptions, not advice.

Beginning-Stick6479

ZEC: 48% SOL: 33% NEAR 15% HYPE: 4% thanks!

Temporary-Cause730

Well, it could happen, sure. But if the bull market is confirmed, I doubt it. The fact that it's making an ATH at this stage tells me it has a lot of to grow, just like HYPE and LIT. Besides those, I have my main bag of BTC and a little bit of ETH/SOL/PUMP Btw, what are your bags right now, and what are you looking to buy soon? 

Ok_Dealer5022

HYPE

DBRiMatt

$LIT and $HYPE are both tokens which will gain value based on protocol revenue fees.

skyisfall1ng

I’d argue there’s a big difference between LAPTOP and MELANIA token compared to HYPE, SOL, hell even ADA lmao

zooka19

Eventually trimming ETH and XRP to buy more BTC and a tiny bit more of HYPE (and maybe XLM). "Last time to buy BTC @ \*insert price at the time of the post\*"

Peturio

Did run your bag through our portfolio risk analysis at [Sentralis.io](https://sentralis.io) assuming an equal dollar amount in every coin, since you gave no sizes. (You can use the free account if you want to use different weights)- Canton has under a month of price data, so the figures cover the other 21 coin. Simulated one year forward from current volatility and correlations, with no price trend assumed, the worst 5% of outcomes lose 61% or more. Just under half of the simulated paths pass through a 50% drawdown at some point in the year, and 94% pass through a 30% drawdown. One in five paths ends the year at double the starting value, and four out of five of those still went through a 30% drawdown on the way. All simulation figures are model estimates under those assumptions, not predictions. The basket runs at 66% annual volatility against 43.5% for BTC. Correlations between the 21 coins over the past year average 0.62, with the large names at 0.8 to 0.9 with each other, so the spread across 21 names removes far less risk than the count suggests. Your plan to keep only BTC and ETH cuts the volatility to 50% and the share of paths through a 50% drawdown to three in ten. As a check on which names carry the most downside, the coins that fell hardest in the bear market from October 2025 to July 2026 were ARB, SUI, AVAX and PYTH at 77% or more, while HYPE and Morpho ended that window higher.

WicasaNapayshni

If I wanted to pump my bags, I’d tell you about Satoshi and his dog, but Hyperliquid might be the future of trading, so maybe some HYPE! Then there’s Ethereum, I own none, but Robinhood might soon have stocks trading 24/7 because of it…

jekpopulous2

Because the narrative this cycle is centered around RWAs. Outside of ETH the coins that you’re holding have zero DeFi relevance. If you look at the chains people are actually using (ETH, HYPE, SOL, LIT, ARB, etc…) they’ve all been doing pretty well.

SpontaneousDream

Hyperlend. If you prefer to do it on Hypercore, you can supply HYPE, borrow USDC at 5% and then use that to short ETH on perps. I wouldn't go that route though

SpontaneousDream

Ethereum nowhere to be found, yet ETH sits at over $300B market cap. Borrowing ETH to supply HYPE has been a craazy profitable trade

verysillyman

HYPE $90

Peturio

This is a little late reply, but hope it helps. Did run your portfolio through our portfolio risk engines at [Sentralis.io](https://sentralis.io) (free accounts are available, so you can play around with the different scenarios yourself) and this is the result: At yesterday's prices the five positions are worth about $49K, split HYPE 36%, SOL 26%, PUMP 19%, LIT 12% and SKR 7%. LIT and SKR have less than a month of price history in our data, which is too short to model. The risk numbers below therefore cover the HYPE, SOL and PUMP positions only,( 81% of the portfolio). Several commenters treated this portfolio as one single altcoin bet, and the data does not fully support that view. Over the past year the pairwise correlations between HYPE, SOL and PUMP were between 0.51 and 0.66, while BTC, ETH and SOL were at 0.86 to 0.90 with each other over the same period. The difference showed in the replay of the bear market from October 2025 to July 1. SOL fell 66% and PUMP fell 78% in that period, while HYPE gained 29%. That period on your current weights gives a loss of 26%, against 51% for BTC alone. The 26% loss in depends entirely on the rise of HYPE. If HYPE had fallen as much as SOL did, the same replay would show a loss of about 69%. The cost of holding these three coins is volatility. Together they run at about 81% annualized volatility, which is close to double the 43.5% of BTC. I simulated one year forward from current volatility and correlations, with no price trend assumed in either direction. In the worst 5% of simulated outcomes the three positions lose 69% or more. Seven out of ten simulated paths go through a drawdown of at least 50% at some point during the year, and one in five goes through a drawdown of 70%. All simulation figures in this reply are model estimates under the stated assumptions, and they are not predictions. You wrote that you can manage a drawdown and would start to DCA into it again, so the drawdown sizes matter for how much cash you keep aside. One in four simulated paths ends the year at double the starting value or more. 97% of those winning paths still went through a drawdown of at least 30% on the way. A 30% drawdown is therefore what this portfolio does even in a good year, and a 50% drawdown is what it does in most years.

Double-Code1902

This is the big take away. Being curious. HYPE is a good example I heard of it when it was still being built but didn’t get deep enough into it. I walked around and passed by Coinbase when it was just getting started and didn’t open an account. I was asking to build a billing system to accept bitcoin and didn’t look into bitcoin. Stay curious.

sigstrikes

staying curious and finding new things to try instead of 'what if-ing' scenarios from over 15 years ago. if you're talking strictly from a growth and gains standpoint even projects launched in the last year or two (HYPE) have grown to be top market cap crypto projects.

human_oil77

I think the most used chains have a chance, since they have real world use, revenue generation etc. That's the bottom line. They're treated like companies now with backers, vc etc... so look for the coins with the best product and funding. They'll survive. Same as the TRON's and XRP's of the old days still alive.... IMO I like , ENA, XPL, SUI, HYPE (not in any order as they all kind of touch on different future areas.) So in short the bets for Sui lets say working on A.I agentic scaling blockchain and finance tools, will be different than the market XPL is going after with their set of everyday neo banking products etc. I personally think XPL and ENA are primed and in great real world markets with actual products, and low marketcap relative to those products and their utilities. HYPE is ... well hyped... and Sui is awesome team and tech, but yet to find their product market fit, or accelerate their unlocks to get rid of their shit tokenomics. Keep an eye out on their october Sui basecamp for updates... But hey, Final word is this ... if BTC crashes to 50k , none of these thesis will matter. If BTC stays relatively strong however, then yes, give the next 1-3 year bull market a chance to sort out these technologies and winners. Alot of their success is almost irrelevant to how much money is in BTC anyways.

Ok_Dot4134

Look at AI plays for future. TAO being best and NEAR. If you want a totally Degen pick right now DRB launched on BASE. HYPE (if Trump actually gets it in USA).

DimeCandie

Read up on HYPE or ask someone smarter than me, but basically it has a self-funding mechanism the others don't have.

DimeCandie

The Big Three BTC SOL ETH - also HYPE

Long-Championship851

ZEC, VVV, PIPPIN, HYPE, TAO just off the top of my head. So many more. Robinhood L2 is having a mini bull run in the middle of the bear market.

jawni

Staking returns shouldn't even be factored into a decision like this, it should really only be something considered at the margins, e.g two yield-bearing assets with the same underlying asset at the core. Because who cares about a single digit yield when the principal is losing double digits and it's especially bad when that yield is coming in the form of inflation, which is the case for 99% of the staking returns for Cardano. I mean, shit, I'd take HYPE even if it had a -5% annual reverse yield over coins with positive yields, just because I know even at a 5% discount it will outperform the other coins, even when accounting for their yield.

Temporary-Cause730

Wtf i BDAG??? Invest in BTC, HYPE, ETH, SOL, stop buying these random craps.

Temporary-Cause730

And the weirdest thing is that you can actually love both! These Monero shills think that you can only have one coin in your portfolio, it's so bizarre. I have a lot of ZEC, but I also have XMR, because I believe the privacy narrative will be profitable in the next few months/years. I also have BTC, HYPE, ETH and SOL, four different L1s.

Temporary-Cause730

Honestly, with $140 I wouldn't diversify, would keep everything in LIT. Bet on the asset that has more potential to multiply (but also more risk, of course). I'm saying this as someone that has both coins, HYPE and LIT. I think HYPE is better, more established and with a clear path to the US market. But LIT could skyrocket if somehow HYPE suffers a setback, like volume decreasing if they need to add KYC.

Legitimate_Rate_660

If you like HYPE wouldn’t LIT be good for someone with not a lot of cash to invest? Appx $5.

unknowngloomth

I mine TARI and now I mine Zkas. I'm not a hurry to sell them. Plus I hold HYPE bought it around $10. Bought ZEC around $200 also hold BTC. Bought it around $16k. I'm massively in profit 😌

jawni

>Makes me nervous honestly, that level of conviction can cut both ways no idea what you're implying here, "that level of conviction can cut both ways" seems contradictory and outside of just emotional attachment, people are highly incentivized to hold ORE they've mined because it gains yield from people who sell their mined ORE. >The stock pairing stuff feels like a short lived meta, people will move on the second something shinier appears yeah I used to think that too, but: * the "shiny thing" can be popular for a long time * the last new shiny thing that was this popular was pump.fun launching with it's bonding curves and automated liquidity management and that was almost 3 years ago and is still doing great, only really losing market share to the exact thing we're talking about now, otherwise perps with HYPE would count, but that would've also been a great trade, or maybe Virtuals/AI16Z/CLANKER but even that offered great opportunities. * it's making money hand over fist and doesn't necessarily need to be a long term play to be the best trade you could make right now, tokenomics are already taking advantage of the activity.

Legitimate_Cry_5194

I'm a BTC maxi since quite a few years back. If i was forced to buy some alts they'd be ETH, SOL, HYPE, ZCASH, AAVE, BNB and LINK.

fadeddreams555

Even then, that's one exception to the rule. For every Hyperliquid, there's a NEO or some other dead alt. People that studied and guessed correctly with HYPE made good money, but identifying the handful of alts that will actually survive and outperform among the huge number that fade into irrelevance is exactly what makes holding altcoins far more of a gamble than simply investing in Bitcoin.

Dense-Cauliflower276

un autre autre vote pour $HYPE

Putrid_Trainer1516

Another vote for $HYPE

ChangeNOW_Community

SOL, LINK, HYPE and SUI would be my starting watchlist. not saying they’re going to moon, but at least there are actual catalysts to research

froz3nt

HYPE and PUMP revenue is almost entirely leverage speculation and memecoin churn, which is highly cyclical. Pump.fun's revenue fell hard once the memecoin mania cooled. And PUMP traded near $0.0015 at the end of August despite $200M of buybacks, which shows buybacks don't hold a price against unlocks and weak demand. And saying that they are businesses are laughable.

higher-steaks

comments here are kind of disgusting i really think if going to look at alts in crypto, need to look at large caps that generate a lot of revenue, and importantly the revenue gets captured into the value of the token. there really isn't many coins that fit this category, which makes things actually quite simple, yet people will twist themselves into intellectual pretzels coming up with reasons to bid vaporware instead. HYPE, PUMP, LIT. profitable stocks on NASDAQ w/ strong crypto exposure - HOOD & PURR save yourself a lot of time and money and just deeply research these. otherwise you're better off with just BTC, ETH or SOL man.

ra246

Stopped missing with Shitcoins. BTC, ETH, SOL, HYPE Thats it.

Particular_Pop_8548

Most alts still depend heavily on liquidity and narrative. When money gets defensive, it tends to concentrate in the few names showing real relative strength, rather than lifting everything. The interesting question is whether HYPE and Zcash are actually showing something sustainable or just benefiting from their own narratives right now. What would make you confident that strength can continue?

Resident_Mango_3930

I have already bought HYPE, BTC, SOL, SUI, CC (Canton Network) throughout the bear market. There is probably some corrective wave coming given all the positive moves in crypto recently

Mountain-Data-5758

HYPE and its not even close

A_Honking_Goose

Have you heard of a coin called $PONS? Take a look at it and tell me alt season is never gonna come back. Also more simple have a look at ZEC and have a look at HYPE over the last year. Like being so fucking stupid dude or continue and stay sidelined

Claybuch

Seems like a crime pump to me and once demand settles it's gonna retest lower support. I think if it doesn't rally to 1500 and hold we're gonna see a hell of a crash. This is still a bear market,technically. Only HYPE longs for me from now on

thuishaven

You should research: BTC, ETH, SOL, HYPE, SKY, MORPHO, UNI, XMR, ZEC thank me later

SpontaneousDream

People are completely sidelined still on $hype. I highly recommend trying the hype/eth trade on Hyperlend. Lend hype, borrow eth, dump eth for usd. The chart is up and to the right. [Source](https://coinmarketcap.com/currencies/hyperliquid/hype/eth/) Hype is up 228% against ETH this year, up 23% in the past 30 days alone. ETH continues to lose market share and I don't see this stopping any time soon. Hyperliquid makes DAILY revenue of \~$2 million USD, 99% of which is used to buy back the token on spot. With a fixed supply, it is quite literally deflationary. The protocol has already bought back almost 5% of its total supply since Hyperliquid first launched about 2 years ago. Meanwhile, Ethereum literally INFLATES every day (even after accounting for the burn) by about 3,000 ETH per day (on average). That means at a price of approx. $2,500 per ETH, ETH is inflating by about $7.5 million USD per day. Basic math: **ETH FDV is $300 billion, inflates $7.5 million per day.** **HYPE FDV is $85 billion, deflates $2 million per day.** ETH is going to get flipped in 1-2 years, maybe sooner, by HYPE. This is the real flippening. Save my comment. RemindMe! 1 year

Xennenial

$HYPE governs a perp dex that generates a lot of revenue. 97% of that revenue is used to buy back $HYPE tokens and permanently burn them. So the Hyperliquid perp dex is an active advertisement for $HYPE while simultaneously deflating the supply and adding buying pressure to the markets. As for $ZCASH, the answer is "narrative". The narrative is that it is a more private version of bitcoin. I don't see it fullfilling the "digital gold" role or or having any real utility long term. However, sometimes narrative can lead to stronger ROIs than strong revenue or useful and widely adopted utility. I think $ZCASH will bubble and the bubble will burst at some point much like $DOGE in 2021. While I'm not going to touch it after it pumped this hard because I make it a point not to chase pumps, it's entirely possible that it goes to $100 billion market cap at the height of the next bullrun. So it's entirely possible you can make money off of it from buying it now, but I'm not rolling the dice on it. For better or for worse I stick with my investment strategy. Sure I miss out on gains sometimes by avoiding risk, but more often than not I have avoided loss this way.

Unable_Beat_3194

If you ever used HYPE as a platform you would see that it is far ahead of its competitors especially their EVM.

Just_Cockroach_2531

that portfolio spread says you’re expecting a different kind of cycle, the HYPE and PUMP allocations are a choice

averi_fox

ETH, SOL and HYPE. Or a basked weighted by TVL.

Wonderful_Cold_3017

https://preview.redd.it/pywzpqsjlunh1.jpeg?width=1320&format=pjpg&auto=webp&s=bc9b6fa6d43c62ea33be0293216adf5153c1bb01 Just buy BTC, ETH, HYPE and SOL and forget

MakCapital

The answer is still BTC, but if Hyperliquid continues to eat on-chain trade with a near 100% burn on trading fees (Plus additional services) you have no where to go but up. Platforms, exchanges, and wallets have only just begun adding it. Many not just adding support, but deploying their own markets. It's very possible one day a sizeable percent of exchanges, wallets, and you name it are leveraging. Revenue would then far exceed any CEX, and all that revenue moves back into HYPE. Price can just keep moving up without market cap going up. We really have nothing else that's coded to move all value generated from high demand decentralized services into a single asset that acts as ownership over all future revenue. At least not to this degree and not with similar asset alignment. Closest things are governance tokens, but they don't actually have true authority and public ownership over the product. They act more like unregulated promises over a cut of future profits.

RayolCanadel

Starting out I would recommend you have at least 60-70%. Some good candidates this bullrun seem to be HYPE, ZEC, PUMP, etc. you will hear them shilled a lot. Honestly would only put 10% in an individual alt and if it runs, sell only portions instead of all and either hold in cash or reinvest into BTC

Temporary-Cause730

I don't think we will have a broad altseason where every coin pumps, like we did in other cycles. Too many coins now, so it's very important that you select good coins to hold. I also think that many dino coins from the past won't have a good performance, like XRP, ADA, XLM. The coins that will pump will be the ones that generate revenue, like HYPE, LIT, PUMP. 

Savings-Leading4618

All in on PONS until it flips PUMP, and maybe HYPE.

ChickenNecessary4602

Bought btc back in 2011-2013, been in the game for a while and made alt coin mistakes like people above have. Right now only HYPE and BTC. So 70 btc, 20 hype and 10 privacy coins for the pump.

LatinoCrypto

BTC 6k, ETH 3k, HYPE 1k

RecoverOld9545

I'm gonna start doing monthly DCA into mostly BTC but also major like HYPE, TAO, LINK, XRP. Still have ETH and SOL from last bull market that are in staking. Bear market is easy, bull markets are hell.

wallyone123

I like it. I missed HYPE and not getting in this late. I’m in PUMP and up 170%, I believe it will reach new ATH within a year. GL bro.

Hot-Efficiency7190

BTC, HYPE, maybe ZEC. Deploy everything in the next 4-6 weeks. This is the simpliest trade right now as this is the cycle bottom.

tourbladez

Mostly BTC....and maybe a little in ETH and HYPE

AutoModerator

Post is by: Bcom_Mod and the url/text [ ](https://goo.gl/GP6ppk)is: /r/bitcoin_com/comments/1w6ssl0/a_japanese_public_company_just_sold_every_altcoin/ [Remixpoint, a Tokyo-listed company, sold its entire altcoin portfolio on September 1](https://news.bitcoin.com/crypto-news/remixpoint-goes-all-in-on-bitcoin-after-5-54-million-altcoin-sale/). About 901 ETH, 13,920 SOL, 1.19 million XRP, and 2.8 million DOGE, all gone for roughly $5.54 million, booking around $743,000 in profit. What's left is only Bitcoin, roughly 1,506 BTC, and the company says both its holdings and future operations will now center on it. It's worth knowing that their ETH and SOL positions were generating staking income, about $188,000 combined over the prior period. Remixpoint looked at a diversified portfolio that literally pays them to hold it and decided concentration into a non-yielding asset was worth more than the diversification and the income. They chose the asset that pays nothing over the assets that pay something. That's the maxi thesis stated as a corporate treasury decision, and I find it genuinely interesting because it's falsifiable in public. The whole "Bitcoin only, everything else is a distraction" argument usually lives on Twitter where nobody keeps score. Here a listed company with shareholders and quarterly reporting just made the bet with real money, gave up yield to do it, and now has to answer to investors for whether concentration beats diversification. Every altcoin they sold has underperformed Bitcoin over most meaningful timeframes, ETH and SOL and XRP have all bled against BTC through this cycle, and the staking yield was nowhere near enough to make up the difference. A few hundred thousand in staking income means nothing if the underlying asset is down 40% against Bitcoin. Simplicity has value too. One asset, one thesis, one thing to custody and secure and explain to the board. Bitcoin has the deepest liquidity, the clearest institutional path, and no smart-contract or founder risk. If you believe BTC is the only crypto asset that survives every cycle, holding anything else is just tracking error. However, Remixpoint is selling diversification at what might be peak Bitcoin-dominance sentiment, right as BTC dominance sits near 60% and everyone's crowded into the same trade. Concentration cuts both ways. If an altseason actually arrives and ETH runs to Arthur Hayes's $10,000 target while HYPE and the rest rip, a Bitcoin-only treasury underperforms badly and there's no diversification to soften it. I think they're probably right over a long horizon and probably early on the timing. Bitcoin-only is the correct default for a corporate treasury that can't actively trade rotations, because most companies have no edge picking which altcoin outperforms and the honest historical answer is that almost none of them beat BTC across a full cycle. Giving up $188,000 in staking to avoid that guessing game is a reasonable trade to take. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

billybobbybrownbaby

HYPE breaking out

Fortune1111

Run away from memecoins and put your money on BTC, ETH, SOL, XRP, BNB and HYPE. Always remember to DCA. Please this is not a financial advise do your due diligence. DYOR

MakCapital

Last cycle, SOL did a 30x from bottom while paying up to 10% compounding APY along the way. Nothing came close while everyone complained about SOL or "no 🐂 for alts". There was. It happened on Solana. BTC, HYPE, SOL, HOOD, ETH. This bear is so easy even the noobs have hope. Winners couldn't be more clear.

MakCapital

Core holdings besides BTC should now be HYPE, SOL, HOOD, ETH. HYPE has been an obvious leading choice. Massive number of wallets and trading platforms not only integrating, but the largest like Phantom soon launching their own markets on HL. With majority rev burn.. come on. Been a no brainer buy. Anyone's guess if ETH as private money or Solana as the best chain for users will grab more attention this bull. UNI performing completely depends on capturing RH + Base activity. Most of this activity will be on RH L2 anyway. They win no matter what protocols dominate their L2. They win even without their L2. This and AMM rev share to token holders is garbage. All to LPs. RH L2 trench activity will eventually rotate back to Solana, but this isn't going to stop RH. SOL/ETH much easier to predict once Solana can actually get a SOL value capture proposal passed. Critical, but they already have the users. Don't fade either yet. X in profile

Temporary-Cause730

I think it would be a broad rally, all majors going up, and things like ETH, SOL, HYPE, LIT overperforming. And maybe some old coins like LINK and XRP. 

Congenital0ptimist

Right, it's a p&d. It has no earnings. no TVL. Not even and IP to bank on (open sourced) It's all promises & zero oversight. Not to mention the FDL brings realized token price down another ~20%. If it was worth $427 million dollars as just an idea or a promise or a beta version then somebody with $100 million could & would instantly spin up a copy and have no other costs but marketing. They could own it, rebrand it, hype as better, and like HYPE has shown us all - nobody would care about the lack of decentralization, only it's UVP to users would matter. And so instantly it would be cheaper and faster to run than the YMCA committee that's the original. And that's what's been happening. If you follow where the all liquidity (as stablecoin USD mostly) goes and when and how it flows there.. well you'll feel a bit like Neo seeing the Matrix. I was you in 2019 btw.

Stephoxxxx

HYPE climbing alongside BTC in spot activity is worth watching. If spot volume keeps growing, that says a lot more about real demand than another short-term move in perps.

LiquidityCompass

HYPE at #6 while BTC is #11 is pretty wild. And now spot is starting to get real volume too. Hyperliquid just keeps adding pieces to the puzzle.

FerryLunchBox

HYPE is ranked 6th and BTC is ranked 11th.

Xennenial

They are insiders for the coins they shill. If you buy their coins, you will simply be their exit liquidity. My two biggest gainers lately are a 3x on $HYPE and 3.5x on $LIT. I did not decide to make those buys by listening to any of those clowns. Furthermore, trying to go for a 50x is not smart. A 3x is an awesome ROI.

Serious_Somewhere907

I CRUSHED buying this thing up to earnings, they are making A TON of money with perpetual trading. Ill be keeping a close eye on it now , Its going to make a ton of money plus they have HYPE coin too.

Big_Percentage_7541

HYPE

billybobbybrownbaby

HYPE broke out. if you ain’t all in you ain’t black!!!

GrapefruitOwn6261

I’ve already got HYPE and got in really early around $14, so I’m well up on that. I’m looking at Lighter, TAO, Morpho, Jupiter, AERO, Virtuals, Syrup and Arweave. I’ll probably pick 2 or 3. I’m just trying to work out what could give me the best gains when the next proper bull market comes around. I did really well with CAKE and UNI in 2021, and last cycle most of my AI coins did well, but it’s harder to tell what the next big narrative will be this time. I’m leaning towards some form of DeFi again, or maybe projects that are effectively following the HYPE model. Just trying to figure out where the biggest opportunities might be. I need to sell my cvx first though as that’s my play money

Dense_Weight_633

Some alts are pumping, the ones that are doing ok on their own, for example XMR , HYPE and a couple of others. This cycle is only for tokens with revenue that treat their token holders like shareholders. Old dyno tokens like DOT, ADA, Cosmos, Avax,  and many more that were popular previously are never coming back really. 

LiquidityCompass

Pretty big deal IMO. $6.7B in USDC now generates yield, with most flowing into HYPE buybacks. Basically a second buyback engine that grows with the platform. Hard not to like those tokenomics.

OmegaLabs1

Love that the big activation day is a day where exactly zero dollars move. Very crypto. The calendar event is October 3, today is the press release. Also worth pinning down before anyone models buybacks: is the yield accruing on the full 6.74B or only the reserve slice, does the 90 percent split happen before or after Circle expenses, and does the buyback hit the market or just move HYPE into an assistance fund wallet. Buyback that never touches an orderbook is an accounting entry, not a bid.

Wide_Spideer

those numbers look pretty bullish, but October is the date I'm watching. If that revenue actually translates into consistent HYPE buybacks, this is definitely worth watching...