Where’s the HYPE? Eyenovia Misses Its Own Deadline

The medical supply distributor Eyenovia promised to purchase over 1 million HYPE tokens by June 20, rebrand itself as Hyperion DeFi, and change its stock ticker to HYPD.

Well, it's June 20. The company’s website still says “Eyenovia.” And the ticker is still the same on every financial feed.

Changed their mind?

Eyenovia isn’t the only public company that announced plans to buy HYPE tokens. But in every case, the decision feels odd. What is HYPE, after all? It’s the token of an exchange that happens to have an EVM-compatible blockchain. Sure, the exchange is popular. But is it more popular than Binance?

Binance has its own token (BNB) and its own EVM-compatible chain (BNB Chain), too. Yet you don’t see public companies rushing to stockpile BNB. Even Binance mostly buys it just to burn it, not to hoard it.

So what makes HYPE special? Feels like just another case of chasing “the next Bitcoin.”

But why chase it? What if the next Bitcoin... is Bitcoin?

It’s doing just fine, and it doesn’t seem ready to give up the crown.

At rabbit.io, Bitcoin is - as always - available for swap. HYPE too, if that’s your thing.
Which one would you choose?