Tufail@tufail

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Threadguy explains his refusal to purchase memecoins on Hyperliquid, stating he is not a fan because the network is not designed for that activity. He argues the chain suffers from the same structural issues as Bitcoin memes, specifically noting it is expensive, slow, and fundamentally unfit for such tokens. The comparison extends to Bitcoin Runes, where acquiring a Rune requires selling Bitcoin. Threadguy asserts that users dislike selling their base asset to buy what they consider garbage or beta exposure on the same chain. He applies this logic to Hyperliquid, recalling a personal loss of $100,000 on HyperEVM. This deficit came from meme losses and the HYPE tokens he sold to enter those positions. He notes the psychological difficulty of trading when the underlying asset is trending up only. The clip features Threadguy speaking during a Polymarket live session.

2w

Tufail@tufail

Follow

Threadguy explains his refusal to purchase memecoins on Hyperliquid, stating he is not a fan because the network is not designed for that activity. He argues the chain suffers from the same structural issues as Bitcoin memes, specifically noting it is expensive, slow, and fundamentally unfit for such tokens. The comparison extends to Bitcoin Runes, where acquiring a Rune requires selling Bitcoin. Threadguy asserts that users dislike selling their base asset to buy what they consider garbage or beta exposure on the same chain. He applies this logic to Hyperliquid, recalling a personal loss of $100,000 on HyperEVM. This deficit came from meme losses and the HYPE tokens he sold to enter those positions. He notes the psychological difficulty of trading when the underlying asset is trending up only. The clip features Threadguy speaking during a Polymarket live session.

2w