Thursday, January 9, 2025

The Biggest Crypto Launch in History: Prepare Now for HyperLiquid’s HYPE Token Airdrop

The crypto community is abuzz with anticipation as one of the most awaited tokens, HYPE from the HyperLiquid project, is set to launch imminently. Alongside the launch, participants can expect one of the largest airdrops in crypto history. This event could present significant opportunities, but also requires careful preparation and understanding to navigate effectively.

Key Details About the HYPE Token Launch

The HYPE token is scheduled to launch on November 29 at 7:30 AM UTC. It's crucial to convert this time accurately to your local timezone to ensure you don't miss the event. For instance:

  • London, UK (GMT): 7:30 AM (UTC +0)
  • Berlin, Germany (CET): 8:30 AM (UTC +1)
  • Madrid, Spain (CET): 8:30 AM (UTC +1)
  • Moscow, Russia (MSK): 10:30 AM (UTC +3)
  • Dubai, UAE (GST): 11:30 AM (UTC +4)
  • New Delhi, India (IST): 1:00 PM (UTC +5:30)
  • Beijing, China (CST): 3:30 PM (UTC +8)
  • Tokyo, Japan (JST): 4:30 PM (UTC +9)
  • Sydney, Australia (AEDT): 6:30 PM (UTC +11)
  • New York, USA (EST): 2:30 AM (UTC -5)
  • Chicago, USA (CST): 1:30 AM (UTC -6)
  • Denver, USA (MST): 12:30 AM (UTC -7)
  • Los Angeles, USA (PST): 11:30 PM on November 28 (UTC -8)
  • Buenos Aires, Argentina (ART): 4:30 AM (UTC -3)
  • São Paulo, Brazil (BRT): 4:30 AM (UTC -3)
  • Cape Town, South Africa (SAST): 9:30 AM (UTC +2)

You can use time conversion tools to find the exact time in your location.

Accepting Terms and Conditions

To be eligible for the airdrop, participants must accept the terms and conditions of HyperLiquid before the deadline on November 28 at 11:59 PM UTC. If you haven't done this yet, act quickly:

  1. Visit the official HyperLiquid website.
  2. Log in to your account.
  3. Navigate to the terms and conditions section.
  4. Read and accept the terms.

Be cautious of scams — ensure you're using the official website and avoid any unsolicited messages or links.

Navigating Initial Volatility

The initial moments after the token launch are expected to be highly volatile due to limited liquidity and high demand. Here are some key points to consider:

  • Avoid Market Orders: Using market orders during this time can result in unfavorable prices due to slippage.
  • Use Limit Orders: Set limit orders to specify the exact price at which you're willing to buy or sell.
  • Beware of Low Liquidity: With limited tokens available initially, price swings can be significant.

Understanding the HYPE Token Valuation

Predicting the exact valuation of the HYPE token is challenging, but we can draw parallels with similar projects to estimate potential values.

Supply and Distribution

  • Total Supply: 1,000,000,000 HYPE tokens.
  • Airdrop Allocation: 31% (310,000,000 tokens).
  • Token per Point: Each point accumulated in HyperLiquid equates to approximately 5.35 HYPE tokens.

Comparable Projects

  • DYDX: Market Cap of around $1.1 billion.
  • Jupiter Exchange: Market Cap of around $100 million.

Given HyperLiquid's features as both an exchange and a blockchain, its potential valuation could be in line with or exceed these projects.

Potential Valuation Scenarios

  • Conservative Estimate: Market Cap between $500 million to $1 billion.
  • — Token Price Range: Approximately $1.60 to $3.22 per HYPE token.
  • — Value per Point: Roughly $8 to $17.
  • Optimistic Scenario: If HyperLiquid's blockchain gains significant adoption, valuations could increase further over time.
Figure 1: PRE-market HYPE Price

The Importance of Having a Strategy

Entering the market without a clear plan can be risky. Here are some general guidelines to consider:

  • Set Clear Goals: Determine your entry and exit points based on your risk tolerance.
  • Stay Informed: Keep up-to-date with official announcements from HyperLiquid.
  • Diversify Risks: Consider spreading out your transactions to mitigate volatility impacts.
  • Long-Term Perspective: Recognize that the project's value may evolve as the blockchain and additional features are fully implemented.

So!

The launch of HyperLiquid's HYPE token represents a significant event in the crypto space, offering potential opportunities for participants. By preparing adequately, understanding the key details, and approaching the launch with a well-thought-out strategy, you can navigate this event more effectively.

Remember to exercise caution, avoid impulsive decisions during periods of high volatility, and always make informed choices based on thorough research.

Annex



source: https://raglup.medium.com/the-biggest-crypto-launch-in-history-prepare-now-for-hyperliquids-hype-token-airdrop-c824f4738add

Posted by Tushar Surekha at 9:10 PM

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

Bloomberg - UTV

Must Watch...Ad may come initially.. wait for video.Also keep volume on

Disclaimer



This Document is subject to changes without prior notice and is intended only for the person or entity to which it is addressed to and may contain confidential and/or privileged material and is not for any type of circulation. Any review, retransmission, or any other use is prohibited. Kindly note that this document does not constitute an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction.


The information contained herein is from publicly available data or other sources believed to be reliable. While I would endeavour to update the information herein on reasonable basis, I am under no obligation to update or keep the information current. Also, there may be regulatory, compliance, or other reasons that may prevent me from doing so. I do not represent that information contained herein is accurate or complete and it should not be relied upon as such. This document is prepared for assistance only and is not intended to be and must not alone betaken as the basis for an investment decision. The user assumes the entire risk of any use made of this information. Each recipient of this document should make such investigations as it deems necessary to arrive at an independent evaluation of an investment in the securities of companies referred to in this document (including the merits and risks involved), and should consult its own advisors to determine the merits and risks of such an investment. The investment discussed or views expressed may not be suitable for all investors. I do not undertake to advise you as to any change of my views. I may have issued other reports that are inconsistent with and reach different conclusion from the information presented in this report. This report is not directed or intended for distribution to, or use by, any person or entity who is a citizen or resident of or located in any locality, state, country or other jurisdiction, where such distribution, publication, availability or use would be contrary to law, regulation or which would subject me to any registration or licensing requirement within such jurisdiction. The securities described herein may or may not be eligible for sale in all jurisdictions or to certain category of investors. Persons in whose possession this document may come are required to inform themselves of and to observe such restriction. I may have used the information set forth herein before publication and may have positions in, may from time to time purchase or sell or may be materially interested in any of the securities mentioned or related securities. I may from time to time solicit from, or perform investment banking, or other services for, any company mentioned herein. Without limiting any of the foregoing, in no event shall I or any third party involved in, or related to, computing or compiling the information have any liability for any damages of any kind.