Can $HYPE survive beyond its big holder influence and airdrops?
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Is $HYPE actually sustainable or just propped up by big holders? With 33% airdropped and low active users, is this model durable or just temporary inflation? Are these incentives driving real demand or just hype?
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Hyperliquid’s 31% HYPE airdrop is impressive, but its real strength lies in massive weekly trading volume and 136,000 active users. Beyond the hype, its success depends on maintaining true product-market fit. Since many are re-staking instead of dumping, there’s genuine optimism here. Only time will tell if this utility outweighs the speculation.
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I checked Hyperliquid's $HYPE tokenomics: 31% of tokens are allocated for an airdrop in late 2024, and 40% remain locked. I'm really wondering if they can actually grow to 1.4 million users by 2025 and maintain a steady value. Do you think those unlocks will end up dragging the price down?