HYPE price could suffer as Binance takes its revenue: Alice Liu — SkimNews
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- HYPE token has climbed 47.50% over the past 30 days and recently hit an all-time high of $86, per CoinMarketCap data cited by Alice Liu.
- Hyperliquid has spent over $400 million on token buybacks, leading the crypto space and directly fueling the price rally, Liu says.
- HYPE's price support hinges on continued network activity to generate buyback revenue, with only a small portion of tokens unlocked so far — making trading volume the critical variable.
- AI-crypto tokens without utility could 'potentially go to zero,' Liu warns, as they compete directly with AI stocks, memory stocks, and AI companies.
- AI infrastructure crypto projects are 'solid' with real utility, but Liu expects them to face a 'price discount' from broader market competition.
- Bitcoin could reach $500K by 2030 per Liu — a more conservative call than Coinbase CEO Brian Armstrong and ARK Invest CEO Cathie Wood, who have both predicted $1 million.
Why it matters: HYPE's rally is buyback-dependent: the $400M-plus Hyperliquid has deployed only works if trading volume keeps generating revenue, creating a self-reinforcing loop that breaks if activity cools. Liu's split stance — bullish on revenue-generating infrastructure like Hyperliquid, bearish on narrative-only AI tokens — maps to the broader divide between crypto projects with real cash flow versus those riding hype.
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