Hype belongs to the contract exchanges, and so does GMX. GMX has a market capitalization of 300 million, which suggests that Hype's price should be $0.3.
Hype plans to launch a public chain, and currently, the market capitalization of public chains ranges from several billion to tens of billions. If we consider the valuation of the public chain, Hype's price should be in the range of $1 to $3.
This is the valuation made by others. From this perspective, my purchase of Hype at an average price of $24 may face a decline of 98.18%. Do not rush to enter the market just because of the “fear of missing out” (FOMO) information I posted; it is safer and more reliable to wait for the price to drop to around $3 before entering.
If you want to delve deeper into the crypto space but can't find a clue, and want to quickly understand the information gap, whether it's contracts or spot trading, you can 👉 learn more in my profile
