Analyst: Binance RWA Perpetual Futures May Divert Hyperliquid Revenue, Pressuring HYPE Price

CoinMarketCap research head Alice Liu suggested that Bitcoin likely bottomed at $59,000 in June. Regarding Hyperliquid, she noted that while HYPE recently hit an all-time high of $86 driven by token buybacks, Binance's launch of RWA perpetual futures has captured approximately 50% of the market share, potentially diverting revenue from Hyperliquid and pressuring HYPE's price. She also warned that AI-themed tokens lacking utility or infrastructure face risks of dropping to zero, and projected Bitcoin could reach $500,000 by 2030, with $1 million not being impossible.