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Bitcoin Hyper is one of the latest speculative tokens drawing attention before it even hits the open market.

The project’s pitch is simple: give people a faster, cheaper way to move value that’s tied to Bitcoin, without actually being Bitcoin itself. That distinction is key. Despite the name, Bitcoin Hyper has no official connection to Bitcoin’s developers or core network.

“You need to understand what you are buying. This is not Bitcoin, but a tracking token for Bitcoin,” Wesley Crook, chief executive of FP Block, a blockchain engineering firm, told The Post.

Instead, Bitcoin Hyper is meant to operate alongside Bitcoin’s blockchain, acting as a

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