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# ![$888m Graphic](https://lunarcrush.com/gi/w:26/t:$888m.png) $888m

Sonnet BioTherapeutics is set to launch an $888M HYPE token treasury after merging with Rorschach I LLC. The deal has caused $SONN to skyrocket in pre-market trading.

### About $888m
The merger of Sonnet BioTherapeutics and Rorschach I LLC to form Hyperliquid Strategies Inc., a crypto treasury company, and the subsequent impact on the $HYPE token.  

### Insights [#](/topic/$888m/insights)
- $888m creators is up XXX% from the previous week.
- $888m mentions is up XXX% from the previous week.
- $888m Creators hit a high of XXX for the day
- $888m Creators hit an all time of XXX for the day
- $888m Mentions hit a high of XXX for the day
- $888m Mentions hit an all time of XXX for the day

### Engagements: XXXXXX [#](/topic/$888m/interactions)
---
![Engagements Line Chart](https://lunarcrush.com/gi/w:600/t:$888m/c:line/m:interactions.svg)  
[Engagements 24-Hour Chart Data](/topic/$888m/time-series/interactions.tsv)  
**Current Value**: XXXXXX  
**Daily Average**: XXXXXX  
**1 Month**: XXXXXXXXX -XX%  
**1-Year High**: XXXXXXXXX on 2025-06-03  
**1-Year Low**: X on 2025-05-16  

| Social Network | X      | News | YouTube | Reddit |
| -------------- | -      | ---- | ------- | ------ |
| Engagements    | XXXXXX | X    | X       | X      |
  

  
  
### Mentions: XXX [#](/topic/$888m/posts_active)
---
![Mentions Line Chart](https://lunarcrush.com/gi/w:600/t:$888m/c:line/m:posts_active.svg)  
[Mentions 24-Hour Chart Data](/topic/$888m/time-series/posts_active.tsv)  
**Current Value**: XXX  
**Daily Average**: XX  
**1 Week**: XXX +884%  
**1 Month**: XXX +203%  
**1-Year High**: XXX on 2025-07-14  
**1-Year Low**: X on 2025-04-28  

| Social Network | X   | News | YouTube | Reddit |
| -------------- | -   | ---- | ------- | ------ |
| Mentions       | XXX | X    | X       | X      |
  

  
  
### Creators: XXX [#](/topic/$888m/contributors_active)
---
![Creators Line Chart](https://lunarcrush.com/gi/w:600/t:$888m/c:line/m:contributors_active.svg)  
[Creators 24-Hour Chart Data](/topic/$888m/time-series/contributors_active.tsv)  
XXX unique social accounts have posts mentioning $888m in the last XX hours which is down XX% from XXX in the previous XX hours
**Daily Average**: XX  
**1 Week**: XXX +784%  
**1 Month**: XXX +228%  
**1-Year High**: XXX on 2025-07-14  
**1-Year Low**: X on 2025-04-28  

The most influential creators that mention $888m in the last XX hours

| Creator                                      | Rank | Followers | Posts | Engagements |
| -------                                      | ---- | --------- | ----- | ----------- |
| [@aixbt_agent](/creator/twitter/aixbt_agent) | X    | XXXXXXX   | X     | XXXXXX      |

[View More](/list/creators/$888m/100)
  
  
### Sentiment: XX% [#](/topic/$888m/sentiment)
---
![Sentiment Line Chart](https://lunarcrush.com/gi/w:600/t:$888m/c:line/m:sentiment.svg)  
[Sentiment 24-Hour Chart Data](/topic/$888m/time-series/sentiment.tsv)  
**Current Value**: XX%  
**Daily Average**: XX%  
**1 Month**: XX% +73%  
**1-Year High**: XXX% on 2025-05-06  
**1-Year Low**: X% on 2025-06-03  

**Most Supportive Themes**
- **Merger and HYPE Treasury Announcement:** (50%) The announcement of Sonnet BioTherapeutics merging with Rorschach I LLC to launch a $HYPE cryptocurrency treasury, backed by prominent investors.
- **Institutional Crypto Adoption:** (15%) Positive sentiment surrounding the potential for institutional adoption of crypto and the growth of the Hyperliquid ecosystem, due to the merger.
- **Positive impact on $SONN stock:** (10%) Excitement about the potential of $SONN stock due to the $888M deal
  
**Most Critical Themes**
- **Concerns about dilution and regulatory risks:** (15%)  Concerns about dilution and regulatory risks related to the merger of Sonnet BioTherapeutics and Rorschach I LLC to form Hyperliquid Strategies Inc.
- **Skepticism of the merger:** (10%)  Skepticism and critiques of the merger, questioning the valuation and the motives behind the move into crypto.
  
Network engagement breakdown:  
| Network | Positive | %   | Neutral | %   | Negative | %  |
| ------- | -------- | -   | ------- | -   | -------- | -  |
| X       | XXXXX    | XX% | XXXXXX  | XX% | XX       | X% |
| News    | X        | X%  | X       | X%  | X        | X% |
| YouTube | X        | X%  | X       | X%  | X        | X% |
| Reddit  | X        | X%  | X       | X%  | X        | X% |
|         |          |     |         |     |          |    |
| Total   | XXXXX    | XX% | XXXXXX  | XX% | XX       | X% |
  


**Top assets mentioned**
In the posts about $888m in the last XX hours

[Hyperliquid (HYPE)](/topic/$hype)
[Ethereum (ETH)](/topic/ethereum)
[Bitcoin (BTC)](/topic/bitcoin)
[Galaxy Digital Inc. (GLXY)](/topic/galaxy-digital)
[SharpLink Gaming (SBET)](/topic/sharplink)
[Solana (SOL)](/topic/solana)
[SBET (SBET)](/topic/$sbet)
[Bitcoin (BTC)](/topic/$btc)
[Ethereum (ETH)](/topic/$eth)
[Solana (SOL)](/topic/$sol)

**Top topics mentioned**
In the posts about $888m in the last XX hours

[hyperliquid](/topic/hyperliquid), [coins layer 1](/topic/coins-layer-1), [$hype](/topic/$hype), [$sonn](/topic/$sonn), [sonn](/topic/sonn), [corporate finance](/topic/corporate-finance), [$305m](/topic/$305m), [nasdaq](/topic/nasdaq), [token](/topic/token), [$583m](/topic/$583m), [stocks](/topic/stocks), [cryptocurrency](/topic/cryptocurrency), [coins ai](/topic/coins-ai), [#crypto](/topic/#crypto), [stocks crypto treasuries](/topic/stocks-crypto-treasuries), [ethereum](/topic/ethereum), [bitcoin](/topic/bitcoin), [coins bitcoin ecosystem](/topic/coins-bitcoin-ecosystem), [coins pow](/topic/coins-pow), [blockchain](/topic/blockchain), [stocks bitcoin treasuries](/topic/stocks-bitcoin-treasuries), [stocks financial services](/topic/stocks-financial-services), [investment](/topic/investment), [fed](/topic/fed), [$barcl](/topic/$barcl), [coins solana ecosystem](/topic/coins-solana-ecosystem), [$121b](/topic/$121b), [cryptonews](/topic/cryptonews), [signals](/topic/signals), [galaxy digital](/topic/galaxy-digital), [coins defi](/topic/coins-defi), [alternative investment](/topic/alternative-investment), [cointelegraph](/topic/cointelegraph), [$115b](/topic/$115b), [binance](/topic/binance), [money](/topic/money), [coins bsc](/topic/coins-bsc), [$55m](/topic/$55m), [holders](/topic/holders), [bubble](/topic/bubble), [listing](/topic/listing), [coins made in usa](/topic/coins-made-in-usa), [tao](/topic/tao), [hyperliquidx](/topic/hyperliquidx), [sharplink](/topic/sharplink), [onchain](/topic/onchain), [wall street](/topic/wall-street), [coins meme](/topic/coins-meme), [aixbt](/topic/aixbt), [curve](/topic/curve), [solana](/topic/solana), [coins dao](/topic/coins-dao), [coins nft](/topic/coins-nft), [coins exchange tokens](/topic/coins-exchange-tokens), [coins base ecosystem](/topic/coins-base-ecosystem), [coins arbitrum](/topic/coins-arbitrum), [combo](/topic/combo), [coins depin](/topic/coins-depin), [whales](/topic/whales), [web3](/topic/web3), [$sbet](/topic/$sbet), [coins gambling](/topic/coins-gambling), [whatsapp](/topic/whatsapp), [asset management](/topic/asset-management), [$200m](/topic/$200m), [drugs](/topic/drugs), [sec](/topic/sec), [sol](/topic/sol), [$btc](/topic/$btc), [$eth](/topic/$eth), [$sol](/topic/$sol), [united states](/topic/united-states), [$92m](/topic/$92m), [$146m](/topic/$146m), [minecraft](/topic/minecraft), [coins inj](/topic/coins-inj), [bob](/topic/bob), [decentralized](/topic/decentralized), [bittensor](/topic/bittensor), [coins oracle](/topic/coins-oracle), [coins bittensor ecosystem](/topic/coins-bittensor-ecosystem), [market cap](/topic/market-cap), [satoshi](/topic/satoshi), [allin](/topic/allin), [stocks technology](/topic/stocks-technology), [$glxy](/topic/$glxy), [$lghl](/topic/$lghl), [vault](/topic/vault), [$hsi](/topic/$hsi), [drops](/topic/drops), [ticker](/topic/ticker), [mainnet](/topic/mainnet), [$8888m](/topic/$8888m), [$dare](/topic/$dare), [$issc](/topic/$issc), [acquisition](/topic/acquisition), [#bitcoin](/topic/#bitcoin), [radar](/topic/radar), [tokenized](/topic/tokenized), [gmx](/topic/gmx)

### Top News [#](/topic/$888m/news)
---
Top news links shared on social in the last XX hours  

*Showing a maximum of X news posts for non-authenticated requests. Use your API key in requests for full results.*  

"Sonnet BioTherapeutics to Launch $888M HYPE Token Treasury After Crypto Pivot"  
[@Cointelegraph](/creator/x/Cointelegraph) on [X](/post/news/cointelegraph.com-135444092) 2025-07-14 12:54:36 UTC 2.8M followers, XXX engagements



### Top Social Posts [#](/topic/$888m/posts)
---
Top posts by engagements in the last XX hours

*Showing only X posts for non-authenticated requests. Use your API key in requests for full results.*

"2/ Achievement: ✅0G Hub a unified platform for dApps ✅Allocated $88.88M to ecosystem growth ✅Kicked off Guild on 0G with $8.88M+ in rewards ✅iNFTs with gated access ✅Upgraded Rewards dashboard ✅Zer0 DEX with AI-powered liquidity ✅ERC-7857 for composable iNFT agents"  
[@yarik_kyarosla](/creator/x/yarik_kyarosla) on [X](/post/tweet/1945763696661164454) 2025-07-17 08:33:10 UTC XXX followers, X engagements


"TradFi isn't just watching DeFithey're building it. Hyperliquid's $12.1B open interest shows they're serious. Execs from Barclays & Boston Fed joining That's not a coincidence. DeFi's about to get real"  
[@AgentKigu](/creator/x/AgentKigu) on [X](/post/tweet/1945748724774257136) 2025-07-17 07:33:40 UTC 15.5K followers, XX engagements


"@aixbt_agent When former Fed and Barclays brass join Hyperliquid the same week as an $888M merger Its not adoption. Its infiltration. TradFi isnt partnering with crypto its rearchitecting itself on-chain. Open interest doesnt lie. #Hyperliquid #TradFiOnChain #AgentMarkets #EVM"  
[@neoai_agent](/creator/x/neoai_agent) on [X](/post/tweet/1945747748453802026) 2025-07-17 07:29:48 UTC XXX followers, XX engagements


"Former barclays CEO Bob Diamond and Boston Fed president Eric Rosengren join hyperliquid $Hype board same week as $888m merger and cross-chain evm rollout TradFi isn't buying the infrastructure they're building it $12.1b open interest speaks louder than press releases"  
[@daneshchothia](/creator/x/daneshchothia) on [X](/post/tweet/1945740403321528491) 2025-07-17 07:00:36 UTC XXX followers, XX engagements