In the midst of a bearish crypto market, where many are feeling the pinch, influential trader Ansem—better known on X as @blknoiz06—is making a bold call on Hyperliquid's $HYPE token. For those new to the scene, Hyperliquid is a decentralized exchange (DEX) specializing in perpetual futures, or "perps," which let you trade assets with leverage without an expiration date. It's like betting on price movements of stocks, crypto, or even commodities, all running 24/7 on the blockchain.

Ansem's tweet quotes a post highlighting how Hyperliquid enables seamless trading of events like NVIDIA ($NVDA) earnings reports anytime, day or night. He confidently states that piling into $HYPE now, while the broader market slumps, is a smart move—if you're patient enough to ride out the ups and downs. "Accumulating hype while rest of crypto market is bearish will work out if you have patience to hold through some volatility," he wrote.

What makes this so compelling? Ansem points out that the ability to trade perps on virtually any asset around the clock isn't fully baked into the market's growth story yet. In simpler terms, people aren't pricing in how revolutionary this constant access could be for traders worldwide. Plus, with U.S. regulations potentially easing up over the next year—thanks to a more crypto-friendly administration on the horizon—Hyperliquid could see even more adoption.

He also touches on the sour taste left by recent events on centralized exchanges like Binance, including a massive "10/10 liquidation event" that wiped out positions en masse. Liquidations happen when leveraged trades go south, forcing sales to cover losses, and they've been brutal lately. Ansem believes this dissatisfaction will drive more trading volume over to decentralized platforms like Hyperliquid, which offer better transparency and no single point of failure.

For meme token enthusiasts, this is particularly intriguing. While Hyperliquid isn't strictly a meme platform, its $HYPE token has that community-driven vibe often seen in meme coins, and the DEX itself supports trading perps on volatile assets—including popular memes. As volumes shift, $HYPE could benefit from increased network activity, potentially boosting its value. Replies to Ansem's thread echo the sentiment, with users like @HYPEconomist noting how "obvious" the opportunity looks, and others calling Hyperliquid the "AWS of liquidity"—a nod to its scalable, infrastructure-like role in crypto trading.

If you're into blockchain tech and looking to enhance your knowledge base, keeping an eye on projects like Hyperliquid is key. It represents the next wave of decentralized finance (DeFi), where meme-level hype meets serious utility. As always, do your own research—crypto markets are unpredictable, but insights from veterans like Ansem can light the way.

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