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Since I published this article, HYPE has outperformed BTC by 181% and gold by 130%. Ironically, the doubtful asset in the basket ended up being the best-performing long asset out of the three.
But as I explain in the article, the competition is against the short basket, and for example against DOT, HYPE is up 280%.
This becomes clearer when looking at what it did against the dollar. HYPE is up 123% over these five months, meaning that longing HYPE/DOT was 2.28x better than longing HYPE/USDC.
x.com/CFrugho/status…

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