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- DEGODS CREATE FIRST MEMECOIN
DEGODS CREATE FIRST MEMECOIN
SCF Lead Makes Huge Mistake + Iggy Azalea Keeps Pumping MOTHER
Hype Train
September 16, 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.
If you're receiving this newsletter, it's because you're either on the HYPE TestFlight, signed up for our waitlist, clicked on our link, or were referred by someone.
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😇
DEGODS RELEASES MEMECOIN??😍
SCF MAKES HUGE MISTAKE?!?!?! 😱
AND………………stories that will shake your head🙈
CRYPTO STAPLES🥇*As of 12:50 pm EST on September 16th
Coin | Price | Market Cap | %Change(24hr) |
|---|---|---|---|
$BTC | $57,749 | $1.1 Trillion | -3.8% |
$ETH | $2,288 | $275 Billion | -4.4% |
$SOL | $130.7 | $61 Billion | -2.8% |
HYPE INDEX🐐
$WIF | $1.49 | $1.4 Billion | -5.1% |
$BONK | $0.00001615 | $1.1 Billion | -5% |
$POPCAT | $0.6803 | $666 Million | -4.7% |
$MOG | $0.0000009092 | $355 Million | -9.2% |
$GIGA | $0.01616 | $155 Million | -2.4% |
$MICHI | $0.1029 | $57 Million | -11.2% |
$BILLY | $0.0194 | $19 Million | -5.7% |
NEW SCHOOL OF TRADING
$LOCKIN | $0.011 | $10.9 Million | -3.1% |
$SIGMA | $0.008834 | $7.9 Million | +0.3% |
$AURA | $0.005747 | $5.5 Million | -9.2% |
$ROT | $0.00135 | $1.3 Million | -9.6% |
$MEWING | $0.0001708 | $170 Thousand | -15.1% |
$RIZZ | $0.000158 | $156 Thousand | -4.2% |
NFTs To MEMECOINS🫡
$degod | $0.007057 | $70.5 Million | -0.9% |
Degods, one of the most popular NFT collections on crypto twitter, released its first memecoin, $degod. Degod is using a 404, which allows owners to redeem their NFTs for X amount of $degod tokens. They are following in the footsteps of $POX, which used the same method to reach a market cap over $100 Million this week. $degod exploded when it released to a market cap of $190 Million, but has since cooled to $70 Million. Check out the in depth analysis down below:
Big news. DeGods goes 404.
BURN the NFTs. Get tokens.
Here's how it works (in simple words) 🧵👇
(1/12)
— wale.moca 🐳 (@waleswoosh)
1:26 PM • Sep 15, 2024
SCF MAKES BIG MISTAKE!!!🗣
$SCF | $0.0297 | $29.7 Million | -7.9% |
The leader of $SCF decided to launch an identical coin on Moonshot by DexScreener to collect the liquidity rewards offered. He claimed to airdrop over $130K to the OG holders of $SCF as well, especially when the new $SCF reached a market cap of $2.6 Million. It has since rugged to $50 Thousand, also leaving damages to the OG $SCF, currently down from a $45 Million mc to a $29 Million mc in the last 2 days. After deleting his twitter account, and many hateful comments on the official $SCF X page, it is not looking promising for Smoking Chicken Fish anytime soon. PastorKelby is a notorious scammer across memecoin twitter now, definitely associated with the diddy parties.
The dev of $SCF on Moonshot, made bout $30,000 from the LP fees and top 50 holders about $105,000
— Kakashi (@kkashi_yt)
2:41 PM • Sep 16, 2024
MOTHER KEEPS HANGING AROUND💸
$MOTHER | $0.5365 | $52.8 Million | -7% |
Quite frankly, the only celebrity memecoin to ever make it this long, $MOTHER’s rise has been unreal. Iggy Azalea, the celebrity behind it, has done a fabulous job marketing this coin, and it has shown. Just 3 days ago, $MOTHER was at a stagnant $40 Million market cap, and has since risen up to $52 Million, not the only thing risen though. This is a result of plenty of crypto whales dropping bags on $MOTHER before the Crypto conference in Singapore in a few days. Iggy might have something planned for that, we will see 🤫.
2. The Good 👍
Rarely, a celeb genuinely supports a project. Think about @IGGYAZALEA 's $MOTHER which was done nicely.
Regarding her surprising crypto knowledge, decent plan and great marketing, currently still sitting at over $50M Market Cap. x.com/i/web/status/1…
— BULLZ 🐂 (@BullzCalls1)
3:48 PM • Sep 16, 2024
MEME OF THE DAY
HOT NEW COINS (24 Hr)📈
$KAPO | $0.002339 | $2.3 Million | +5,641% |
$SHAWK | $0.001512 | $1.5 Million | +2,210% |
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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.