25 4L

anthropic’s IPO could be one of the most interesting AI market events to watch but there’s something even more interesting than the IPO itself: the valuation reset happening around it ————<>———— earlier expectations placed Anthropic’s valuation as high as $2T. now, reports suggest potential investors are considering $1.1T–$1.3T that’s a significant difference it tells us something about the current market: investors are becoming more selective about how much they’re willing to pay for AI growth as a trader, this really interests me a strong company doesn’t automatically make every entry a good one. valuation matters, timing matters, and the price you get in at can make a huge difference to your eventual outcome this is also why Bitget’s Anthropic public subscription round caught my attention for anyone looking to explore exposure to Anthropic ahead of its public listing, Bitget is an option worth considering. it provides a way to participate through its subscription offering, with rTokens issued after the round closes and the option to hold or trade, subject to the applicable it’s an opportunity i’d seriously consider exploring, especially for anyone already following the AI sector and looking for early exposure one important deadline: the Bitget VIP subscription window has been extended and closes tomorrow, november 11, at 08:00 utc if you’re eligible for the VIP round, don’t overlook the deadline the AI opportunity may still be massive, but the days of treating every AI valuation as justified are changing that’s exactly why entry price and access matter more than ever

TL/DR on elysium in 2mins 👇 elysium just launched, and there’s a bigger story here than the meme side ct is pushing ————<•>———— elysium is built by @kinetiq_xyz , a team that has been building within the hyperliquid ecosystem since 2023, elysium aims to solve an important problem: giving developers more room to build sophisticated financial applications around hyperliquid but why is that necessary? • hyperliquid has hypercore, its powerful trading engine, and hyperevm, its smart contract environment the challenge is that hyperevm has execution limitations for applications that need frequent transactions, rapid price updates and more complex financial operations elysium aims to change that • built using arbitrum orbit, it targets 100ms block times and 300 million gas units per second, with $hype as its native gas token but speed isn’t the most interesting part it’s the planned connection to hypercore through el1read and el1write, smart contracts will be able to read and interact with hypercore’s order-book infrastructure imagine an automated market maker that can monitor actual buy and sell orders on hypercore, adjust its pricing based on available liquidity and potentially hedge its exposure against existing markets • there’s also the potential for a more connected asset lifecycle: tokens launching on elysium, building liquidity through amms and potentially progressing towards hypercore spot markets and hip-3 perpetual markets crypto doesn’t have a shortage of new tokens. it has a shortage of sustainable liquidity and efficient access to deeper markets elysium is trying to connect those pieces its revenue model is interesting too: 50% of sequencer revenue goes towards buying and burning $kntq, 25% to builders and 25% to protocol operations here’s what i’ll be watching before EOM: → real liquidity and organic trading volume → adoption by professional market makers → the delivery of hypercore integrations → whether new assets develop sustainable markets beyond launch incentives my takeaway? i’m not really interested in another chain promising faster transactions, i’m more interested in infrastructure that makes asset creation, liquidity provision and trading work together if elysium delivers on that vision, it could become a meaningful addition to the hyperliquid ecosystem