Guy says he’s bearish on HYPE because the fees are slightly higher, and he can’t point to any other real issue.

Then he claims wealth effects and loyalty don’t exist, completely ignoring that wealth effects are one of the only real moats in this industry because they’re almost impossible to replicate well.

After that, he turns around and shills a zero-fee product where he’s farming points, not realizing his own logic implies everything he’s backing should also trend to zero, with the incumbent just dying more slowly.

And on top of it, he brings up unlocks as if that’s some unique flaw. They all have unlocks. So the whole thing becomes a rotating game of chicken where you jump to the new shiny thing until its locks hit, and then repeat the cycle again.

If everyone is like this man the every token goes to 0 except Bitcoin, ETH and Sol because they have grown beyond hot potato morons as holders.