$HYPE For the vast majority of people: its trend will be like this‼️

I firmly believe in this!
And I deeply understand one thing: those currently hyping HYPE wildly, they don’t fundamentally understand what HYPE is, why it’s rising, or the logic behind its increase…
God knows: HYPE is a DEX.
Some might even know: CZ said that CEX is just a transition, DEX is the future.
So, the leeks trading HYPE have a “new understanding” of HYPE: HYPE is exactly what CZ envisions $BNB to look like‼️
Even more people might think: HYPE can replace BNB, leading to the conclusion: HYPE, at least $120 per token, corresponding to BNB’s peak of $1200 per token ❗️
HYPE, a decentralized exchange.
Before its rise, there was a more well-known one: UNI.
HYPE’s increase mainly relies on the “flywheel effect”: the more people buy HYPE, the higher the transaction fees, the higher HYPE’s profits, HYPE uses profits to buy back and burn, reducing HYPE’s supply, and HYPE continues to hit new highs…
This pattern is the same as BNB’s, the only difference is: BNB has a floor, ultimately retaining 100 million tokens, while HYPE, like its competitor ASTER, currently has no lower limit set, so theoretically, HYPE could be even less than BNB…
But…
Attention‼️
This is a mistake made by most people, including myself: HYPE’s main rival isn’t BNB, but public chains like SOL and ETH…
Decentralized exchanges can also be built on chains, but what HYPE is truly capturing is this market share, not BNB.
This leads to a critical problem: HYPE’s market cap is too inflated; currently, HYPE’s fully unlocked market cap has already surpassed SOL.
But its user base ➕ and revenue are less than 1/10 of SOL’s. In this situation, how can it continue to reach new highs ❓?
Secondly…
HYPE’s most fatal flaw is that 76% of its supply is still locked‼️
The development team could liquidate and dump at any time!
For the DEX concept, it’s safer and more proven to buy earlier and more steadily $UNI !
For decentralized trading, on-chain Nasdaq, obviously SOL better fits the standard.
For user volume, BNB outperforms all competitors…
I smoked on the balcony all night, unable to figure out: what supports HYPE’s current market cap!
I smoked half, and after the wind blew the other half, I said: dog whales controlling the market‼️