PANews reported on October 21st that BitMEX co-founder Arthur Hayes stated in a post on the X platform that HYPE faces the risk of valuation compression. Annual revenue has almost returned to its all-time high, but the price is significantly lower. In the increasingly competitive perpetual swap decentralized exchange (Perp DEX) landscape, speculators are unwilling to pay a high premium for uncertain future revenue.
Arthur Hayes: HYPE faces valuation multiple compression risk
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Author: PA一线
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