Crypto KOL Ansem pointed out in a post that Hyperliquid's current circulating market cap is roughly equivalent to Solana's market cap when its price was about $20 in October 2023, and Solana has since risen from $20 to $200 in less than six months.

Awesome, I’m leaving it here, and I believe everyone should understand. It’s not that people are right or wrong; if hype can push it to $600, then it’s worth considering, but if not, better to preserve your principal! Back then, Solana was a mainstream powerhouse, even Ethereum hadn’t surpassed Solana, but times have changed. If you compare it to Ethereum and Bitcoin back then, the potential is even greater, and it could rise to $6,000.

Anyway, I’m a one-time shorter; I really don’t believe hype can double my position. Actually, shorting isn’t very profitable. If you buy at $30 and sell at $60, you make a double; if it falls back from $60 to $30, you only make 50%. If you invest 10,000U, the first scenario earns 10,000U, the second only 5,000U!