is the market overindexing $hype? we saw the market do this with the massive success of blur and the gigantic failure that is blast - where many of the same figures pushing hype praised pacman as if he was god. and this is not a lone case. we’ve seen it with luca and pudgys, and the somewhat unrealistic expectations for abstract leading to unnecessary fud. the market often overhypes (pun intended) past performance of a team for the new product they are bringing out. and this is a net negative. i say this as we are seeing this now with jeff and hype evm. sure, hyperliquid is the best product we have seen recently, the dominance of market share in on-chain perps is insane. but now the market is really overhyping hype evm and hip-3 etc. everyone i see on the timeline is swapping all their alts into it. now, if anyone can do it, it’s the hyperliquid team. but we have seen overindexing at extreme levels playing out in the past which does concern me. like i have happily staked hype since last year and will continue to do so as imo it is the strongest alt by far. i just think think people need to calm down, stop overhyping something as if its the next open ai before it’s even is released lol. like not only does it create unrealistic expectations but puts immense pressure on teams. hyperliquid.
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