Dave celebrated the Knicks taking Game 1 on the road in San Antonio, calling it a huge step toward a championship and bigger than basketball. Landy praised Jaylen Brunson as clutch after a comeback win in a poor shooting game. Empress returned to the show and confirmed that outside of Hyperliquid, crypto is dead.
AlphaGamer said SpaceX and other huge IPOs are sucking up liquidity, causing capitulation across Bitcoin with Mark Cuban dumping as the indicator that a bottom is near, possibly in September. Kantorcodes noted around 5T in upcoming IPO valuations with poor AI unit economics and questioned where the liquidity will come from. Landy described an impending liquidity crunch amid IPOs that will trigger frequent market shocks, capital rotation, and eventual decentralization after the bubble pops.
0:24:002x HYPE ETF
0:30:50Cantor
A speaker highlighted Google's dual Gemini subscription and open Gemma model approach as uniquely playing both lanes to keep users in its ecosystem.
0:39:44Taj
0:42:58Ryan, don't sell BTC to chase IPOs
Empress laid out the HYPE bear case including CME Group concerns but countered with Grayscale's rebuttal and Hyperliquid's new DC policy center writing legislation. On Hyperliquid versus Coinbase, Ryan said do not be surprised if Hyperliquid buys Coinbase given its higher volume, while Empress theorized a partnership or front end integration to ease regulation and VPN issues, with Landy adding it is mostly about accessing US markets and state level battles.
Empress shared the ongoing HYPE buyback of 3080000, yield tools like Liminal and Volantis for swinging, and top portfolio trackers plus protocols to use. Ryan noted Hyperliquid did 13B in revenue last year with 11 employees and pointed to PURR as the Hyperliquid Strategies play run by TradFi veterans. Ryan explained pre IPO tokens on platforms like Hyperliquid are being used for price discovery ahead of listings such as SpaceX, with closing prices often within 5 to 10 percent.
“What's going on? Cool. This is not just one game. Do you understand? This is one finals game on the road in San Antonio. Okay? We are three... Hear me out. We are three wins away from burning this motherfucking city to the ground and bringing a championship back to New York finally. You know what this was like as a ...”
Dave0:04:33Share on X
“Hey, Dave. Before you transfer to hype, can I just say one thing? If you are not in any of these IPOs on the primaries and secondaries already, you are late. Okay? Like, that's the one thing I wanna just make that x... I wanna make that so glaringly clear to everybody. Like, are no OGs selling Bitcoin right now to…”
Ryan0:42:58Share on X
“IPO'd, there was a Cerebus token that launched on, I I think it might have been Hyperlikbid or one of the other platforms. And what they did, they launched a week to ten days early, and they used it for price discovery. And it's amazing. Like, the day before Cerberus IPO'd, that token closed at, like, $7 less than ...”
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