Aug. 6 at 12:53 PM
$HYPD one thing i been speculating with these crypto treasury related companies that came to market in the past 60 days the placement agents such as chardan are probably locking in their share compensation you can see
$VVPR $KIDZ $LGHL all who had deals had dropped to or below their price prior to announcing of the treasury programs.
These placement agents do not invest they merely want the cash compensation and receive it only after they sell the stock.
Further in
$HYPD case
$HYPE.x coin has taken a breather close to their acquisition cost in addition to jung not being able to give a number on the returns of staking outside the 2% guidance doesnt give much clarity as to what to expect with the 1.5mil coins in treasury. I do believe it should yield in the teens to double digit return but that is only in optimal and bullish condition. It makes sense why the general public will not just tag a premium to it today, but over time if you understand the eco system of why hyperliquid exists and was created in the first place you would then know why to be bullish.
Overall the only investors who i see will be buying now are those like myself who simply want to invest in hype coin in itself in a liquid and accessible manner.