Citrini Research, which sparked AI stock selloff, now touts Hyperliquid crypto as 'compelling' investment
By
Aoyon Ashraf, Helene Braun
Toasted just enough. A reliable bake, gently seasoned.
Summary
Citrini Research, the firm known for triggering an AI stock selloff in February, has identified Hyperliquid (HYPE) as a new "compelling" investment idea. The research firm highlights that unlike most cryptocurrencies (including Bitcoin), Hyperliquid generates legitimate cash flow and features a token buyback mechanism. Hyperliquid is a blockchain-based exchange that appears to have real revenue generation, setting it apart from the broader memetic crypto market.
Key quotes
· 2 pulledunlike the memetic majority of crypto (bitcoin included), HYPE generates legitimate cash flow
On top of that, there is even a buyback mechanism
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