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CAN'T MISS UPDATES IN CRYPTO
Mining Protocol on Solana + Based Sydney Sweeney + Eugene is the Meme
Hype Train
November 07, 2025
Presented by Hype
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😇
MINING ON SOLANA!!!
THE NEXT MEME?!?!?! 😱
AND………………stories that will shake your head🙈
CRYPTO STAPLES🥇*As of 1:25 pm EST on November 7th
Coin | Price | Market Cap | %Change(24hr) |
|---|---|---|---|
$BTC | $102,559 | $2 Trillion | +1.5% |
$ETH | $3,398 | $410 Billion | +3% |
$SOL | $161.60 | $89 Billion | +3.2% |
HYPE INDEX🐐
$7.73 | $1.5 Billion | -0.7% | |
$0.004162 | $1.4 Billion | +12.1% | |
$0.00001373 | $1.1 Billion | +16.8% | |
$0.4898 | $489 Million | +16.3% | |
$0.2926 | $292 Million | +15.6% | |
$0.0000003951 | $154 Million | +10.6% | |
$0.1464 | $143 Million | +15.7% | |
$0.005228 | $50 Million | +6.1% | |
$0.003839 | $3.8 Million | +9.5% |
MINING PROTOCOL ON SOLANA🫡
$ORE | $355.69 | $147 Million | +70.3% |
$ORE has surged 70% to a $147 million market cap at $355 as renewed interest in its redesigned mining protocol drives heavy demand. The new system replaces the old proof-of-work model with a value-accruing mechanism where miners deploy SOL in 5x5 grid rounds, compete for block rewards, and share profits through “motherlode” jackpots and refining-based redistribution. The protocol collects 10% of mining revenue in SOL for automatic ORE buybacks and staking yield, creating deflationary pressure. Current miner data implies an intrinsic value of about $685 per ORE, signaling market demand for unrefined ORE due to its higher yield potential and long-term reward structure, showing strong conviction among miners in sustained protocol revenue and value growth.
BASED SYDNEY SWEENEY🗣
$BASED | $0.0005614 | $557 Thousand | +76.3% |
After Sydney Sweeney defended her controversial American Eagle “Great Jeans” ad and rejected calls to apologize, the internet quickly turned the moment into a meme. Following Marc Andreessen setting her photo as his Twitter banner, traders launched $BASED, a token inspired by her unapologetic response and viral quote: “If I had an issue, I would’ve said it.” The coin has surged to a $557 Thousand market cap as the “based Sydney Sweeney” narrative spreads across CT.
THIS MEME HITS HOME
$EUGENE | $0.0002626 | $263 Thousand | +304% |
$EUGENE is a newly launched meme coin centered around an MS Paint character created live on Pump.fun, where over 500 people watched the dev draw it in real time. The coin aims to revive the dried-up meme meta by creating an entirely new character for the crypto community to rally around. All fees go toward marketing to help push $EUGENE into broader awareness. It’s currently sitting at a $263,000 market cap. All love for Eugene if you know what I mean. Dirty eug 4L.
MEME OF THE DAY
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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.