Among the sea of altcoins, $HYPE stands out. @HyperliquidX
It's trading at a higher price right now compared to where it was when Bitcoin last hit the $90,000 mark on March 7th.
What's fueling this performance? For starters, there's an app behind $HYPE that's achieved PMF and has remarkable user stickiness.
This app's daily token buyback mechanism is a major plus, helping to drive up the token's value. On top of that, the launch of the HyperEVM has added a new layer of speculation.
Traders and investors exploring or farming on the HyperEVM are piling into $HYPE, which is boosting positive cash flows.
With all these factors in play, $HYPE is looking like a solid bet. The current setup is promising, and the majority of $HYPE holders seem to be in a good position as the coin continues to gain momentum.

From X
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