
Some Hyperliquid OGs predicted that the "Korea-Cabal" would dump everything after the BASED TGE and send the price straight to zero. However, BASED successfully completed its TGE and is now showing over 80M $BASED staked. Just look at the $SWAP and $HPL charts. Paradoxically, those holding massive amounts of $HYPE are the ones killing the Hyperliquid ecosystem. These so-called "native EVM projects" inflate their TVL by having whales deposit $HYPE, lure in retail investors, and then distribute tokens to these depositors. The inevitable end? Tada—a massive dump from day one. The established $HYPE whales are so greedy that they refuse to let go of their bags while simultaneously exploiting these projects. Even BASED was forced to buy back $14M worth of HYPE, all while trying to build an organic community. Ironically, BASED chose to list on external CEXs as a way to escape the grip of the HYPE OG Cabal. Stay tuned for the next chapter of BASED. The shift is coming.





















