Austin Barack
CIO of RockawayX Liquid, Fundamental Long/Short Investing
Hyperliquid's HYPE is among the highest-conviction tokens likely to rebound strongest once the current chaos ends, as the category leader in 24/7 trading and the perpification of finance, alongside Venice and Grass in AI. These tokens are anchored in real fundamentals, growing extremely fast and addressing huge secular markets, and Michael Saylor's troubles have no long-term effect on that growth. x.com x.comÂ
Hyperliquid and Venice are leaders with real traction, and the market is not thinking big enough about how far they can go because of scar tissue from prior cycles. Venice simply has a great product, and Virtuals Protocol is now integrating it to power AI agent building with private, uncensored inference on Base. x.comÂ
ICE and trade[XYZ]'s planned 24/7 US perps venue could widen Hyperliquid's buyer pool. It needs CFTC approval; ICE is investing in trade[XYZ], and Druckenmiller is also joining. Per the FT, his spokesperson confirmed his post was authentic. Druckenmiller and Elon green-lighting HYPE signals TradFi allocators. Crypto natives remain underallocated due to short time horizons; HYPE is the first investable altcoin in history not reliant on belief in a monetary premium. x.com x.com x.com x.comÂ
Hyperliquid, Aerodrome and Sky generate revenue and will be rerated as crypto returns to fundamentals, even as Bitcoin's price action is unnerving. These tokens make money and reallocate it back to holders; projects without revenue, a real path to it, good tokenomics or institutional appeal will be stuck in the old era. x.comÂ
Few new hyped token launches are crypto's most bullish feature, concentrating bids in good, fixed-supply tokens without VC scams that buy back supply. Unlike mega equity IPOs and a lack of hyperscaler buybacks, good crypto is structurally healthier than equities, with fewer headwinds and better risk/reward as tokenization stays a dominant theme for the next few years. A correlation shock remains possible, but crypto could recover fastest afterward; this is not the time to turn bearish. x.comÂ
Backing the best founders wins over the long term, and the picks are Jeff of Hyperliquid, Satoshi of bitcoin and Elon of SpaceX and Tesla. Hyperliquid should outperform the others in the short to medium term, so for now it ranks first, ahead of bitcoin and then Elon's companies. Over the long term the ranking shifts to Elon first, then bitcoin, then Hyperliquid. x.comÂ
Agent payments and AI infrastructure make AI crypto one of the strongest early-bull-market narratives. Coinbase's x402 is the clearest signal: agents made 138 million-plus Base transactions, mostly under 10 cents. Bittensor subnets earn outside revenue; Render and Akash supply GPU power; NEAR builds agent rails. Grayscale's AI crypto sector rose 54% in September vs roughly 24% for the broader market. Still early and volatile; rotation may follow if Bitcoin holds a base and the narrative sticks. … Show more
Hyperliquid's HYPE remains a great token, but other coins edge it out in the near term. It has unrivaled tokenomics and value accrual, clear product-market fit and a high-trust team. Price action looks locally distributive, though within a long uptrend, and part of its value is speculative premium. Well-funded perps competitors and regulatory openings for other venues are starting to play out. It could turn around at any point and is worth buying back, possibly soon. x.com x.com x.comÂ
Hedera, NEAR Protocol, Sei, Hyperliquid, Stellar and Internet Computer look like core winners of a future surveillance CBDC finance grid. They should surge as traditional finance implodes under an AI and debt/fiat bubble into a reset, with few retail investors on board. Per @noBScrypto, Hedera is institution-ready, NEAR has fast-growing AI utility, DTCC selected Sei and Stellar for tokenization, Hyperliquid is the top-growing DeFi L1 and Internet Computer runs decentralized AI on-chain. x.comÂ
Tokens that fund buybacks from revenue gained another reason to catch a bid after SEC staff said buybacks alone don't make an otherwise non-security token a security once its protocol is live. More usage can mean more fees for buybacks: Hyperliquid fees buy HYPE, Raydium swap fees buy RAY, and Pump, Jupiter, PancakeSwap, Aster, NEAR, Pendle, Maple and Sky do similar. Uniswap burns UNI from pool fees; Lido's DAO buys LDO by accumulation. Buybacks must be big relative to market cap and new supply. … Show more
Hyperliquid is a disruptor of stock exchanges and still tiny next to the companies it is taking on, which makes it a good long-term hold. Its exchange is useful even for checking prices on weekends, and the token has held up very well while most crypto sold off. It is still early. x.com x.com x.com x.com x.comÂ
Hyperliquid is among the crypto projects proving that real revenue used for buybacks and burns drives the best long-term performance. Tokens without revenue, or whose buybacks do not offset emissions and unlocks, are inflationary assets relying on sentiment. Projects with revenue and value accrual, including Hyperliquid and GEODNET, held up surprisingly well through the bear market. x.com x.com x.comÂ
