HYPE/BTC - HYPE/ETH - HYPE/SOL // Q1 2025 OutperformanceWe look at Q1 2025 and want to outperform the 3 majors.
I am buying HYPE and chart against:
- BTC
- ETH
- SOL
I don't want to midcurve it and hold the 3 majors or engage in any rotation or infighting which takes place between holders of these major assets.
This chart should help to follow along the progress and if we can achieve what is set out to do.
Challenge runs from now until 1 APR 2025 when Q1 ends.
H y p e r l i q u i d.
HYPEHUSD trade ideas
HyperliquidHyperliquid will consolidate for a while, but I believe eventually we will reach 100s of dollars per token.
Total circulating supply is around 28%. I don't believe the team will need to sell for the next year, (and their team tokens are locked for that time).
This means the marketcap and FDV can be treated equivalently for the purpose of this trade, as the timeframe is short.
The EVM and native spot assets will make Hyperliquid the definitive best decentralized exchange. Orderbooks are inherently superior to AMMs. I believe short term, Hyperliquid can realistically trade 4-10b daily during its peak months. The valuation would easily reach 30-40b, by accounting for the layer 1 premium. However, this is a function of buying, therefore it is best if spot listings happen sooner than later.