$100-150 $HYPE will come via P/E expansion while Growth Mode remains activated > Grow TradFi volumes, keep revenue consistent > Market shapes a growth story: what happens when Growth Mode ends and it makes all this extra revenue? No possible bear case anymore for "high margins priced to perfection" See P/E expand. Still far from CME, Robinhood, or Coinbase, which have, arguably, smaller growth potential relative to the industry and depend mostly on wide-market conditions.
Res
@resdegen
03-17
HIP-3 on growth mode is like "mainnet launch" in 2021.
One of the main bear takes on $HYPE on this app was that the margin was already so high that it couldn't grow more, and would only lead to more competition.
However, HIP-3 markets are highly growing on growth mode with x.com/ericonomic/sta…
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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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