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The moment for shorting Hype has not yet arrived. But it's coming soon.
Hype's current buyback is around 5M per day, and definitely less than 1B in a year due to bear market and cycles.
Currently, 5M in revenue is already at its peak. Growth is certainly limited.
With the second phase of token airdrop and team token unlocking, based on the fully diluted valuation of 37B, guys, the PE would be close to 40 when fully circulated, and the current circulating PE is 13, which is not expensive.
Rationalists are the ones who cannot get the emotional premium
Call me when you do it.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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