$HYPE Breaking news! Yuga Labs co-founder just issued 100k HYPE tokens, worth nearly $6 million. They say they are optimistic for the long term, but large withdrawals to external addresses—who can be sure the next second won't see them rushing into exchanges? There are also 9.1 million tokens unlocking each month, creating real selling pressure. Short-term chasing gains carries significant risk, even the founders are repositioning, so retail investors don't need to rush to the front. However, the project's fundamentals are solid, and the long-term narrative remains intact. After this wave of token digestion, it might be a better entry point. Think carefully if you want to participate, don't get caught up in short-term volatility.

HYPE-9.99%
View Original
post-image
post-image
[The user has shared his/her trading data. Go to the App to view more.]
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Repost
  • Share
Comment
Add a comment
Add a comment
A-GuiBtc
· 3h ago
Buy the dip 😎
View OriginalReply0
  • Pinned