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Arthur Hayes: The only way out for HYPE is to achieve massive revenue growth, as selling pressure will still exist even if the team promises not to sell
BlockBeats News, November 24th, Arthur Hayes responded on social media to inquiries regarding the upcoming "HYPE First Unlock only 5 days away, community wants insights into token's future governance and strategic roadmap post-2026," stating:
"Just do the math, and it's clear that for HYPE to break through the uncertainty, the only way out is to achieve massive revenue growth. Even if the team promises not to sell, such a commitment is not binding at all. So we must assume, there will be selling pressure every day. The market has long seen through this—since the price hit a historic high in July, the P/FDV (Fully Diluted Valuation Ratio) has been halved."
BlockBeats previously reported, according to Tokenomist data, the initial token unlock of the Hyperliquid project will take place on November 29th at 15:30 Beijing time, with an estimated unlock of 9.92 million HYPE tokens worth $312 million, accounting for 2.66% of the circulating supply. This is the first unlock since the TGE in November 2024.
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