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CANCEL THE RENT MARKET
Waymos Destroyed in LA + Costco Memecoin + Insane Tech x Macro Update + Michael Vick Meme
Hype Train
June 09, 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😇
COSTCO MEMECOIN?!?!?
CANCEL THE RENT MARKET?!?!?! 😱
AND………………stories that will shake your head🙈
CRYPTO STAPLES🥇*As of 1:25 pm EST on June 9th
Coin | Price | Market Cap | %Change(24hr) |
|---|---|---|---|
$BTC | $108,374 | $2.2 Trillion | +1.9% |
$ETH | $2,569 | $310 Billion | +1.5% |
$SOL | $156.37 | $82 Billion | +2.1% |
HYPE INDEX🐐
$10.64 | $2.1 Billion | +2.2% | |
$0.00001666 | $1.2 Billion | +4.5% | |
$1.19 | $1.1 Billion | +9.9% | |
$0.943 | $942 Million | +5% | |
$0.0000009980 | $389 Million | +13.6% | |
$0.3922 | $384 Million | +6.2% | |
$0.02380 | $228 Million | +6.7% | |
$0.01859 | $18.5 Million | +3.9% |
COSTCO MEMECOIN?🫡
$COSTCO | $0.000583 | $583 Thousand | -72.8% |
$COSTCO launched after Matt Furie tweeted “Costco,” sparking instant tokenization that sent the coin to a $1 million cap. Furie deleted the tweet, triggering a sharp dump to $90K. Traders called it a soft rug, but the community stuck around, branding it the poor man’s Pepe and pushing it back up to a $4.5 million peak before it retraced to $583K. Once again, KOLs be tripping.
poor man's pepe
$costco going for $1.5
believe in something
— burgesa (@0xburgesa)
8:58 AM • Jun 8, 2025
SELF DRIVING CARS DESTROYED🗣
$WAYMO | $0.00003407 | $31 Thousand | -48.4% |
The $WAYMO memecoin spiked to a $343 Thousand market cap after videos of Waymo autonomous taxis being torched during immigration protests in downtown Los Angeles went viral. The videos of lithium battery explosions, flaming vehicles, protesters using skateboards and flamethrowers captured public attention instantly, turning the self-driving fleet into an unintentional meme symbol. Within hours, traders rushed in to capitalize on the moment, treating the burning cars like a billboard for speculative gains. But just as fast as it climbed, the token dropped back down to $31 Thousand, showing how short-lived these attention markets can be. The arbitrage for some of these memecoins are insane, just mere hours where they run.
Multiple Waymo vehicles set ablaze here in LA
— Brendan Gutenschwager (@BGOnTheScene)
12:45 AM • Jun 9, 2025
MACRO UPDATE
Stablecoins just passed $250 billion in market cap, now making up 7.5% of crypto. USDT leads with $155B, followed by USDC and newer entrants like USDe and PYUSD. These tokens power DeFi, payments, and even gas fees on some blockchains. As regulation like the GENIUS Act moves forward, stablecoins are becoming crypto’s clearest path to mainstream adoption.
Quantum computing could one day crack Bitcoin’s encryption, especially for wallets with exposed public keys. While Michael Saylor downplays the risk as hype, researchers and startups like BTQ are already working on defenses. A future Bitcoin upgrade may be needed to protect user funds before quantum tech becomes a real threat. Jensen Huang did say quantum computing is years away, but, the looming threat is insane.
NEW: Stablecoins market cap hits $250B ATH
— Cryptopolitan (@CPOfficialtx)
11:49 PM • Jun 8, 2025
CANCEL THE HOUSING MARKET
Yes, there was Housecoin, now its Rentcoin, catering to the millions of people renting apartments, homes, condos, etc. $RENT’s main selling point is that Rent only goes up, so you should buy the coin to hedge the increasing prices. $RENT ran up to a $1.6 Million market cap today. Will it follow in the footsteps of $HOUSECOIN?
Website Update #1 - fightrent.fun
$RENT Assets now live. Download a screenshot of outrages news headlines. These articles (more to be added daily) capture the entire narrative.
Rent is getting outrages, it only goes up. So now does $RENT.
More coming soon. This is
— heir (RENT ARC) (@SatoshisHeir)
1:59 PM • Jun 9, 2025
MEME OF THE DAY
Call me Mike Vick the way I’m about to put these dogs down
— GLIZZYGOAT (@glizzygoat420)
7:50 PM • Jun 8, 2025
HOT NEW COINS (24 Hr)📈
$TAP | $0.002614 | $2.6 Million | +455% |
$GTA | $0.0001809 | $182 Thousand | +184% |
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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.