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- CRYPTO SKYROCKETS AFTER SEC CHAIR LEAVES
CRYPTO SKYROCKETS AFTER SEC CHAIR LEAVES
Solana ETF Introduced + BTC Almost at 100K + TikTok Meta Still Supreme
Hype Train
November 21, 2024
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😇
SOLANA ETF??😍
GENSLER PUMPS BITCOIN?!?!?! 😱
AND………………stories that will shake your head🙈
CRYPTO STAPLES🥇*As of 4:30 pm EST on November 21th
Coin | Price | Market Cap | %Change(24hr) |
|---|---|---|---|
$BTC | $98,056 | $1.9 Trillion | +3.9% |
$ETH | $3,354 | $403 Billion | +9.1% |
$SOL | $253.96 | $120 Billion | +7% |
HYPE INDEX🐐
$3.22 | $3.2 Billion | +3.5% | |
$0.0000523 | $3.9 Billion | +0.9% | |
$1.56 | $1.5 Billion | +0.3% | |
$0.000002592 | $1 Billion | +22.7% | |
$0.04256 | $408 Million | +10.3% | |
$0.1375 | $198 Million | +0.1% | |
$0.3247 | $180 Million | -4.8% | |
$0.04444 | $43.6 Million | +8.8% |
NEW SCHOOL OF TRADING
$0.0768 | $69 Million | -20.4% | |
$0.06162 | $61 Million | +0.1% | |
$0.6229 | $46.6 Million | -18% | |
$0.03426 | $33 Million | -1.2% | |
$0.008457 | $8.4 Million | +24% | |
$0.00301 | $3 Million | -35.6% | |
$0.001649 | $1.6 Million | -63.3% | |
$0.0009731 | $973 Thousand | -19.6% |
SOLANA ETF OTW🫡
$SOL | $253.96 | $120 Billion | +7% |
Bitwise Asset Management has filed for a Solana ($SOL) exchange-traded fund (ETF), signaling growing institutional interest in the blockchain known for its speed and low fees. The move comes as $SOL surges to $255, just shy of its 2021 all-time high of $260. Optimism for a Solana ETF has been fueled by Donald Trump’s pro-crypto election victory, with expectations of a more lenient SEC under new leadership in 2025.
Bitwise joins VanEck, 21Shares, and Canary Capital in the race to launch the first Solana ETF. Recent engagement between the SEC and issuers suggests progress, with approval potentially on the horizon next year. If successful, the Solana ETF could cement the blockchain's status as a major player in the crypto-to-traditional finance pipeline.
🚨BREAKING: @BitwiseInvest REGISTERS SOLANA ETF!!!!!🚨
— SolanaNews.sol (@solananew)
10:08 PM • Nov 20, 2024
GARY GENSLER SHAKES UP MARKET 😱
$BTC | $98,056 | $1.9 Trillion | +3.9% |
Bitcoin surged past $98,800 today, reaching a new all-time high after SEC Chair Gary Gensler announced his resignation effective January 20, aligning with Donald Trump’s inauguration. Investors are betting on pro-crypto policies from the incoming administration, which has hinted at initiatives like a bitcoin national stockpile and relaxed regulatory oversight.
The rally, marking a 40% climb since Trump’s election, is bolstered by massive inflows into bitcoin spot ETFs and speculation over a potential SEC crypto policy role. Galaxy Digital CEO Mike Novogratz called the shift “a game-changer,” predicting a crypto-friendly environment under new SEC leadership. Bitcoin is now edging toward the psychological $100,000 milestone as optimism runs high.
BREAKING: 🇺🇸 SEC Chair Gary Gensler to step down.
— Watcher.Guru (@WatcherGuru)
6:03 PM • Nov 21, 2024
TikTok CONTINUED META🗣
The TikTok coins have been ripping recenty, with over 25 coins hitting over $1 Million market cap. The main coins so far are $WAIT, $AURA, and $HUZZ, with each market cap being $67, $55, and $38 Million respectively. It has been known for a while that Gen-Z controls the memecoin markets, and this puts the nail in the coffin for it. Most of the pumping coins right now have been celebreated by Gen-Z on social media, therefore filtering down the pipe into memecoins. If TikTok is currently in its meta right now, I’m curious whats at stake for Instagram, specifically reels. $RPM (Reels Per Minute) is a very low market cap coin ($8K) for a meme thats getting bigger, just saying.
The fact that $WAIT has:
-100 Mil Volume in 24 hours.
-27k Holders.
-One of the most viral trends on tiktok rn.
-Not yet listed on any CEX is bullish.
Just wait.
— CRYPTO WASTA (@cryptowasta)
8:11 PM • Nov 21, 2024
MEME OF THE DAY
HOT NEW COINS (24 Hr)📈
$CHILLFAM | $0.007682 | $7.6 Million | +6,332% |
$MEEKA | $0.001155 | $1.1 Million | +986% |
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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.