just noticed hyperliquid coin finally dropped its native token. pretty wild that it launched at a $4.2B valuation and now we're looking at like 10x from there - current market cap is sitting around $40B which is insane. the hyperliquid ecosystem has been growing like crazy lately.

so basically they went from zero to a top tier market cap in what feels like no time. makes you wonder how sustainable this run is or if there's still more room. the token itself seems to be getting a lot of attention from the perp trading crowd.

anyone actually holding HYPE or still waiting on the sidelines? curious what people think about this valuation after such a massive pump from launch. hyperliquid coin definitely made some moves in the market.