Hyperliquid needs to attract developers to sustain value of HYPE token, warns asset manager.

From Cointelegraph

January 07, 2025 11:43 AM:

A successful perpetuals exchange alone may not be enough to justify the high valuation of the HYPE token, as the layer-1 chain requires more to support its value, says an asset manager.

Read more at Cointelegraph: Hyperliquid must draw developers or risk unraveling: VanEck