What matters most to you in a #Web3 project? 🔎•Utility•Tokenomics•Community•Hype ...

Market Analysis - Two new addresses appeared in the top 10 holders of PUMP on HYPE yesterday afternoon, while the other eight were profitable traders with millions of dollars in gains [1] - HYPE held $250 million in positions yesterday afternoon, while Binance held $60 million, suggesting potential arbitrage activity [2] - After accounting for potential fake positions on HYPE and arbitrageurs on Binance, there is an estimated $200 million in real positions likely to participate in the new offering [2] - A large number of arbitrageurs are expected to participate in the new offering, reducing the number of naked shorts [2] - The potential total commitment for the new offering is estimated at $300-400 million, suggesting it will be oversubscribed [2] - Oversubscription is expected to drive up the price due to FOMO (fear of missing out) in the secondary market [2] - The offering should have been completed in 2-3 minutes instead of 14 minutes if there were no exchange issues [2]

Cryptocurrency Market - HYPE is considered a pretty good coin [1]

Market Analysis - Hype and Binance together hold $400 million (0.4 billion USD) in positions [1] - The market lacks sufficient assets, potentially leading to either a long squeeze or a short squeeze [1] - The current market dynamic is purely player versus player (PVP) [1]

Market Sentiment - Hype is a significant onchain position for some investors [1] - The market may be underpricing hyperCORE [1] - The market may be overpricing HyperEVM [1]

🤯 Would you invest in a #coin with no utility but huge hype? Yes or No? ...

You can FOMO into hype or research and invest smart. Which path are you choosing? 🤯🧐 ...