The theme of dad is very important in this cycle,
In addition to "My dad is the richest man," there is also "My dad is the master of the president" @worldlibertyfi $USD1,
and "I am your president dad himself" $trump coin.
The dad theme has run through this cycle from the beginning to now.
$alpaca $myx $trb tell us - fundamentals don't matter (bad ones don't either), as long as the market is crowded enough, and the chips are in place, you can still create your own independent market trend with mechanisms.
$aster tells us - regardless of what mechanism/crowded trading/long-short ratio/funding rate you have, the market wants expectations. If Dad is right, expectations will be there, emotions will be in place, and with enough chips, even with the rates, it will teach you how to behave (right now the market is hanging on the expectation that cz and bn will definitely make a big move).
I still say: the one that takes down hyperliquid will definitely not be the next similar perp dex.
Just enjoy the show.
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