$HYPE is still the best project in crypto but I think the overall selling is prob due to unlock uncertainty (I cant think of too much else; maybe just more perps competition?). I think once the unlocks get clarified, this is probably an all in play (if unlocks resolve in a good / healthy way). As it stands, if they do want to unlock that huge amount monthly, this is something to prob just stay away from in the short / mid term.