BIGGEST NEWS IN MEMECOIN HISTORY

Welcome to the HYPE TRAIN - a newsletter that breaks down what's happening in the crazy world of memecoins. We'll be breaking down the WTF moments, Best Trades, and much more, while trying to provide some humor to your day.

Disclaimer: Take none of this as financial advice & do your own research

Aaand here we go:

Pleasant day to be a degen! Welcome to today’s edition of Hype Train, where we will be covering our staples today:

• TOP Memecoin Performances😇

• MEMECOINS AREN’T SECURITIES!!!

• ARE WHALES BUYING THE DIP?!?!?! 😱

• AND………………stories that will shake your head🙈

CRYPTO STAPLES🥇^{_{*As of 4:20 pm EST on February 28th}}

HYPE INDEX🐐

MEMECOINS AREN’T SECURITIES🫡

The SEC has officially stated that most meme coins do not qualify as securities under federal law. According to the Commission, meme coins derive their value from market speculation rather than being tied to the profits or managerial efforts of a business. This means that meme coin transactions do not require SEC registration, and holders of these tokens are not protected under federal securities laws. However, the SEC emphasized that fraudulent activities related to meme coins can still be prosecuted under other federal and state laws. This marks a significant shift from the regulatory approach under former SEC Chair Gary Gensler, who had pushed for stricter oversight of crypto assets, including meme coins.

The announcement comes amid a changing political landscape, with newly appointed SEC Chairman Mark Uyeda aiming to provide clearer regulatory boundaries for the crypto industry. The guidance aligns with Trump’s pro-crypto stance, as he recently launched his own meme coin, $TRUMP, which has since seen a steep decline in value. In a separate move, the SEC also dismissed its lawsuit against Coinbase, signaling a potential softening of its enforcement-heavy approach. These developments suggest a new era of crypto regulation, with the SEC prioritizing transparency and distinct classification rather than blanket enforcement actions. After this announcement, $SOL shot up 8% to a price of $146.

WHALE WATCHES THE DIP🗣

A whale recently bought 50,000 $SOL for $6.77 million after previously selling over 100,000 $SOL for $28.23 million between November and January, showing a strategic re-entry at a lower price. Another whale, purchased 4,000 $BTC worth $344 million during the recent market dip, reinforcing their influence in Bitcoin’s price action and market trends.

On the selling side, a whale offloaded 2,375 $ETH after accumulating it at $1,815 two years ago, locking in significant gains. Meanwhile, Bitcoin ETFs saw a record $3.3 billion in outflows in February as investors moved to safer assets, contributing to Bitcoin’s 28 percent decline from its peak and signaling a shift in market sentiment. That’s why it’s dipped down below $80,000.

TAX REWARD MEMECOINS

$ITM offers an AI-powered interactive teller machine with 80 percent of its supply burnt, 10 percent allocated to liquidity, and 10 percent to the treasury. It has a 10 percent tax, with 9 percent distributed in USDC to holders every five minutes and 1 percent allocated to treasury and marketing.

$TWAP provides a flexible rewards system where holders receive distributions every five minutes in multiple tokens, including SOL, USDC, JUP, and even trending memecoins like PEP, TRUMP, and PENGU. Unlike fixed-reward tokens, $TWAP allows users to switch their payouts based on market conditions, making it appealing in both bullish and bearish cycles.

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That’s all for today’s edition, see you degens tomorrow!

DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.