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🚨 hyperliquid:native is still on my radar. But let me explain why I haven't bought it.
The chart is strong.
The buyback mechanism works.
The project's growth is also impressive.
But there is a huge red flag for me.
Only about 25% of the total supply is in circulation.
Moreover, the next major unlock happens on July 6. That's why I don't ignore the risk of selling pressure in the short term.
I made the same mistake in 2024 with $MANTA and $TIA. Even though they were strong projects, the large amount of locked tokens eventually created serious pressure on the price.
That's why I won't make this mistake a second time.
I'm keeping a close eye on HYPE. But I'm not ignoring the major unlock risk.
You too should definitely pay attention not only to the chart but also to the tokenomics.
#HYPE #Kripto #Altcoin #Crypto #Trading