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HYPE at $60 vs BNB at $10: the Binance trajectory argument

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Argues that fading HYPE at $60 is the same mistake as fading BNB at $10, framing Hyperliquid as being on the Binance trajectory and pointing to the Multicoin valuation report.

Btw, just in case you missed it: Everyone telling you that hyperliquid:native is overvalued doesn’t understand it’s literally on the Binance trajectory. Imagine fading binancecoin:native at 10 dollars. Fading $HYPE at $60 is THE SAME. Don’t be stupid. Read the report. DYOR. NFA. Context: x.com/zerokn0wledge_/status/2070176171082301942?s=46
QUOTING @zerokn0wledge_
Yes hyperliquid:native will go to $300+ And when it does, I hope you’re not still sidelined. Quoting @multicoin here: “At ~$63, HYPE trades at roughly 36x TTM earnings, or approximately 30x earnings including the now-live Coinbase/USDC agreement. Under our valuation frameworks

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