Prediction evidence

In reply to · 7 Sept 2026, 09:31 UTC · context given to the AI

I'm $1M+ $BP holder. Today, the weakness is obvious: $BP is still disconnected from Backpack’s business value. Revenue share is not real token utility yet. But that is also the optionality. If Backpack wins this cycle, completes a successful IPO, and eventually creates a real bridge between company value and $BP, this becomes one of the strongest exchange narratives since Hyperliquid. At that point, I’d expect the valuation conversation to begin at multiples of today. The SEC/CFTC hires and @KyleSamani didn’t happen by accident. @Backpack