Hyperliquid DEX token gains 300% in 2 months: Is the HYPE justified?

Cointelegraph.com NewsHYPE is up 300%, and Hyperliquid leads the DEX perp market. But with a $38B valuation and just 21 validators, some question if the rise is sustainable. 

​HYPE is up 300%, and Hyperliquid leads the DEX perp market. But with a $38B valuation and just 21 validators, some question if the rise is sustainable.