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Transaction fees made a killing, but the coin price has fallen to the dogs—HYPE, are you joking?
Last week, the transaction fee revenue across all chains was dominated by Hyperliquid, with $11 million, accounting for 43% of the entire network!
Ethereum earned $3 million, Solana $2 million, Bitcoin... just a small fraction left.
So guess what?
The price of HYPE has fallen more painfully than my confidence the day before yesterday.
It's like your family opened the hottest restaurant in town, with queues every day, monthly revenue hitting a million,
and then you tell me—boss, you can barely afford to eat now???
Users are desperately opening and closing positions, paying transaction fees, the chain is busy as hell,
Money is being made, but the token HYPE is silently crying.
Vertical specialization? Fee capture strategy?
No matter how you spin it, if the price doesn’t rise, the community will only give you three words:
“What's the use?”
Either the project team is secretly dumping,
or the market simply doesn’t buy into the logic of “high income = high value.”
So here’s the question:
A chain with fee income that outperforms ETH,
why is its token worth less than crap?