Bearish Narratives Ease But Crypto Still Struggles to Attract Buyers, SpaceX Does Over $1B of Volume on Hyperliquid

Strong Traction on Hyperliquid’s SPCX Market: One of the more notable developments today was HYPE starting to outperform again following strong traction on its pre-IPO SpaceX market. Trading activity for this market exceeded $1B in 24-hour volume as of mid-afternoon, much of which came prior to the SPCX listing on Nasdaq. While these volumes are not large enough to materially impact platform economics, they conti...

Finish reading this report for free

Enter your email and we’ll send the paywall-free link directly to your inbox

In addition to your unlocked report, you will receive our weekly market newsletter Fundstrat Snapshot, as well as occasional updates and offers from Fundstrat Direct. You can unsubscribe at any time. For more information, see our privacy policy.

Get unlimited access to Tom Lee’s Fundstrat research Subscribe
Already a member? Log in
Disclosures (show)

Events

Trending crypto assets in our research