Hyperliquid NFTs.
- every OG will hold at least one, no matter the price (until some crazy valuations). There will be expectations from the market that it will be working as a ticket for events, GCs with other OGs and more social benefits;
- airdrops will be way more significant than the ones to
$HYPE;
- most people from S1 were farming it on 1-2 wallets. People from S2 were farming on 1-4 wallets. Limited sell pressure, as they will keep at least one;
- airdrop mania will begin with EVM going live and multimillion/billion projects will airdrop to NFT holders;
- mindshare of HL exploded after the EVM, wallets signed amount more than doubled since then, while my guess is it more than 4x’d in real users, as people previously were using more wallets than one, while now newbies are signing with one to explore;
- supply of NFTs will be equal around 1% of all wallets connected to HL;
- EVM and new projects deploying will get even more people to HL (my guess is it will
at least double current amount);
- potential utilities for fee tiers via NFTs increasing the pressure from smart money;
- Hypio and Karu are 1st and 2nd collections traded on Base. It shows the need for NFTs on HL;
- 1k points were needed for an NFT. It means that people with NFTs received at least $130k worth of
$HYPE, while most of them received >$1m. It made the holders already wealthy and they won’t be willing to sell their NFT/s cheap;
- OTC trades oscillates @ around $50k, which is 19.2 ETH, placing HyperNFTs as one of the most successful collections already, being worth more than Pudgys or BAYC;
- current OTC valuation places mcap of HyperNFT collection at $260m, meaning that airdrops from any protocols, which succeeds can be very significant;
- they will be cute :)