Simonon

I’ve been watching the development of HIP-3 with a lot of interest lately.
Many people have already talked about it, but I still want to emphasize that what we’ve been seeing over the past weeks and months isn’t just incredibly bullish for Hyperliquid.
It’s bullish for the entire crypto industry.
Sure, perp DEXs were already cool because they give anyone, anywhere in the world access to almost any asset they want to trade. But HIP-3 takes this one step further: anyone who stakes enough HYPE can deploy their own markets and participate in the economic upside.
At a time when CEXs are extracting

This might be the worst KOL campaign I’ve ever seen.
Praising a tool that helps you “find free money” just because you’re too incompetent to keep track of your own finances and don’t even notice when a few thousand dollars go missing.
Only crypto people would think this is good marketing lol.

Literally everyone over the last 12 months:
"Markets are so shitty. Literally worst bear market ever."
Meanwhile, during that exact same 12 months:
Morpho RWAs up 33x
Prediction market volume up 17x
Perp DEX volume up 4x
Stablecoin active addresses almost doubled
All while the Genius Act passed and the Clarity Act looks more likely than ever, probably the two biggest regulatory tailwinds and door openers for insitutional money this industry has ever seen.
But sure, super bearish market.
Feel free to sell.

Just came in the mail today.
You guys are chasing Pokémon and One Piece at ATHs.
I’m chasing Pudgy Penguin grails at the bottom.
We’re not the same.

Both Kalshi and Polymarket raising new rounds at 20B valuations each.
That’s not gonna end well.
Don’t get me wrong, I love prediction markets. Genuinely one of the best use cases to come out of crypto and have the highest respect for both of these teams.
But mark-up round after mark-up round, each more disconnected from reality than the last, and the gaps between rounds getting shorter every time.
We all know how this ends: IPO at an insane valuation, bleeds from day one, retail holds the bag.
Can we not, just for once, not do this again?

AI has been in up only mode for 3 years straight now and still doesn’t even show any signs of slowing down.

Think this is a chart that most people don’t have on their radar.
Tether is usually seen as the undisputed stablecoin king, and for now that’s still true in terms of total supply.
However, I was pretty surprised to see that over the last few months Circle has consistently flipped Tether in transaction volume. Last month, $USDC volumes even reached new ATHs, more than twice as high as $USDT's.
This is particularly interesting because:
1) Tether is valued roughly 20x higher than Circle’s current market cap
2) You can actually buy $CRCL on the open market, while Tether remains a private company
D

It's crypto x AI season.
Expecting this trend to continue.