FIRST COUNTRY COIN MAKES MASSIVE HEADLINES

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😇

• BARRON COIN AND MORE??😍

• CUBA PUMP AND DUMP MEMECOIN?!?!?! 😱

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

CRYPTO STAPLES🥇^{_{*As of 12:30 pm EST on January 21st}}

HYPE INDEX🐐

NEW SCHOOL OF TRADING

CUBA SHILLS A MEMECOIN THEN RUGS IT🫡

The Cuban government’s official X account caused a stir after promoting a Solana-based token, $CUBA, which briefly reached a $30 million market cap before plummeting in value. Following the collapse, other tokens like "Cuba Coin 2.0," "Justice for Cuba," and "CUBA 4.0" appeared, each suffering similar fates. The Ministry of Foreign Affairs’ X account was locked, with posts promoting the tokens deleted, leading to speculation that the account may have been hacked. An X Space titled "Sorry from $CUBA" hosted by the account added to the confusion, initially denying wrongdoing before celebrating the token’s fleeting success.

The $CUBA token's rapid decline saw trading volume at $158.7 million before a market cap dip to $1.5 million. While some theorize this was a hacking incident, others suspect a state-linked pump-and-dump scheme, dubbing $CUBA the "first rugged country coin." Amid the chaos, screenshots circulated of additional tokens like "CUBA 4.0" and "CUBA5," further fueling speculation about the Cuban government’s involvement or lack of control over the situation. No, the coin has been CTO’d, which is a community takeover, meaning after a coin gets rugged, people band together to do the marketing for that coin, acting like a 2nd life.

FAKE BARRON COIN GOES CRAZY🗣

A memecoin named after Barron Trump initially surged to a $460 million market cap, fueled by rumors that the youngest Trump family member might be involved. The speculation began with an X account, elonsfeed99, which linked the token to a Pump.fun launchpad profile, claiming it belonged to Barron. The post cited vague blockchain details and suggested, “It’s clearly made by one of their friends, with deep pockets.” Despite the lack of verification, the rumor spread rapidly, briefly propelling the token's value to its peak.

However, the hype quickly dissipated when no evidence surfaced to support the claim. The token’s market cap has since plummeted to $41.7 million, down 22% in recent trading. Conor Grogan of Coinbase highlighted a potential connection to the Trump family, revealing that a KuCoin deposit address associated with the Barron token also appeared in transactions involving the creator of the MELANIA token. The profile behind the Barron token had also launched other unauthorized tokens tied to celebrities like Ronaldo and Kai Trump, underscoring the speculative and volatile nature of the memecoin market. Has Barron been a pump fun merchant this entire time? Lowkey sick if he is.

Meanwhile, the $BWT (Barron William Trump) memecoin also saw a brief surge, hitting a $15 million market cap after Barron was reportedly "rizzing" the crowd. And, his best friend Bo, follows the account that launched the coin. Though much smaller in scale, the rise of $BWT adds another chapter to the unpredictable saga of Trump-themed memecoins.

Here is Barron rizzing the crowd with some of his “aura"???? chat does he have aura…to be fair he is like 6’8 so that helps. Reminded me of that one darts player I see everywhere, Steven Bunting I believe.

POLITICAL MARK COINS

Gary Gensler is out as SEC chairman, finally, and Trump has found his replacement in Mark Uyeda. Obviously a memecoin was created, where $MARKUYEDA reached a market cap of $1 Million, before sliding down to $140 Thousand. Next, Mark Cuban has been constantly tweeting about hinting at his own memecoin, getting back into relevancy. People still make fun of him for “Markie Chabinsky”, where that memecoin increased 129% today to a market cap of $129 Thousand.

JUSTICE FOR ZACHXBT

ZachXBT, the on-chain sleuth known for his investigative work, revealed that he helped recover a sizable amount of funds from a $20 million hack targeting the U.S. government a few months ago. Despite his efforts, Zach shared that he was rewarded nothing for his contribution, leaving him feeling jaded about doing good deeds without recognition or compensation.

In an unexpected twist, someone launched a memecoin in Zach's honor, sending him 50% of the token's supply, valued at $3 million. Instead of cashing out, Zach chose to add the entire amount to the liquidity pool (LP), allowing him to collect fees while supporting the token’s ecosystem. The move not only showcased his commitment to transparency but also cemented his reputation as a community-driven figure in the crypto space, where people have been saying he is in the top 10 most influencial people in web3. Sadly, the coin has dipped from a $72 Million market cap to being pretty much rugged, now at $5.5 Million.

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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.