Follow UsHYPE price could suffer as Binance takes its revenue: Alice Liu
Bearish-2.77%
14 Sep, 13:30
Source: Cointelegraph
AI Summary
Hyperliquid's token buyback-driven rally faces potential downside risk as Binance threatens the exchange's primary revenue source.
Token buybacks have pushed Hyperliquid to all time highs, but Alice Liu from CoinMarketCap warns that Binance poses a threat to the revenue stream it depends on to pay for them.