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Why @altdotfun could be the breakout HyperEVM product.
It’s given an opportunity for a large dedicated $HYPE holder base to finally be able to trade assets while remaining exposed to $HYPE.
Their mechanism is quite simple - you’re able to launch tokens associated with leveraged positions.
Normally, tokens are paired with stablecoin/major: ASTEROID/ETH, ASTEROID/USDC - this is a great model, however, let’s say ASTEROID stays at 100M, and ETH pumps 50% while ASTEROID stayed flat - if you aped 1E at 100m, you would only have 0.66E.
Pairing coins to leverage positions is a very interesting concept as it allows for asymmetric upside via 2 methods: leverage position, and the coin itself going up.
If HYPE were to pump and a token was paired with 3X HYPE long, the token would also go up 3x, and if the token went up 3x, it would end up being a 9x.
This platform allows for insane trades to be made, uses Hyperliquid’s core concepts and allows for people to still have exposure to HYPE upside while participating in HyperEVM ecosystem.
Overall, I think the reason previous launchpads on HyperEVM have failed is native HYPE holders do not like to trade their HYPE, this allows for them to finally do so.
I genuinely think this product can be one of the largest products we’ve seen in tokens in awhile, and am bullish on $ALT as a token.
If you’re interested in trading on HyperEVM, I highly recommend using BasedBot: t.me/based_eth_bot?…

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