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Hyperliquid must draw developers or risk unraveling — VanEck

The layer-1 chain needs more than a successful perpetuals exchange to justify the HYPE token’s lofty valuation, according to the asset manager.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Hyperliquid must draw developers or risk unraveling — VanEck

The layer-1 chain needs more than a successful perpetuals exchange to justify the HYPE token’s lofty valuation, according to the asset manager.

Why this matters

This altcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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