Tom Lee: HYPE could go parabolic if a treasury company reaches 50% of supply
- —A treasury company holds about 14% of HYPE supply and is still accumulating
- —Lee sees a parabolic HYPE rally if the stake reaches 50%
- —The mechanism: a premium to NAV lets firms raise capital and buy more tokens
- —Wu Blockchain noted Lee's forecasts are typically optimistic and may not materialize
Why it matters: The scenario hinges on continued treasury buying: a larger stake would shrink HYPE's free float and amplify volatility.
Source: Koin Bülteni