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$HYPE HYPE Still Undervalued, Trading at a P/E Ratio of 15-18x Fair Value Compared to Other Fintechs Hypeliquid (HYPE) is trading at a valuation of approximately 15-18 times its earnings (forward multiple), making it comparable to a stock based on earnings per token. 🔸 Compared to fintech companies like $COIN, $HOOD, and $CRCL, HYPE still appears cheaper at the moment. 🔸 Hypeliquid generates real cash flow, allowing investors to value the project based on earnings rather than just expectations. Hyperliquid is proving itself to be more than just a trading platform; it's a real income generating business. HYPE's valuation, similar to that of a fintech stock, demonstrates the project's maturity. However, it's important to note that the crypto market remains far more volatile than traditional stocks, and this P/E ratio can change rapidly. 💬 Do you agree with the way HYPE is valued as a fintech stock? News is for reference, not investment advice. Please read carefully before making a decision.