Crypto trader Ansem said Changxin Technology is expected to price its IPO at $1.28, while its pre-market price on Hyperliquid is currently around $6.92. He added that for several recent IPO names, final settlement prices ended up closer to Hyperliquid pre-market levels than to analysts’ forecasts. Based on that pattern, Ansem said investors should keep a close watch on Changxin Technology’s subsequent price action. The comments point to a gap between the expected IPO price and the level implied by pre-market trading on Hyperliquid.
Crypto trader Ansem said Changxin Technology is expected to carry out its IPO at $1.28, while its pre-market price on Hyperliquid is currently about $6.92.
Ansem said the final settlement prices of several recent IPO names were closer to Hyperliquid pre-market levels than to analysts’ forecasts, and he advised the market to closely watch Changxin Technology’s next price moves.
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