You've got a point about the memecoin market, but Hyperliquid's memecoins are a different breed. The key differentiator? Buying and holding these coins currently accrues points for their upcoming token launch. This adds a layer of utility beyond mere speculation.

I'm personally bullish on Hyperliquid for two main reasons:

• It's a high-performance DEX with significant volume and TVL
• Zero VC or outside investment. The team is 100% self-funded, which is rare in this space.

That second point is particularly intriguing. In the current altcoin landscape, we often see investor token unlocks creating significant sell pressure, which can hinder proper price discovery. Hyperliquid's approach eliminates this issue. Moreover, the absence of investor allocations potentially means a larger piece of the pie for airdrops and community initiatives.