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- FIRST MEMECOIN ON NYSE
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😇
FIRST MEMECOIN ON NYSE!!!
PUMP FUN HACKED?!?!?! 😱
AND………………stories that will shake your head🙈
CRYPTO STAPLES🥇*As of 5:40 pm EST on February 27th
Coin | Price | Market Cap | %Change(24hr) |
|---|---|---|---|
$BTC | $84,109 | $1.7 Trillion | -0.1% |
$ETH | $2,267 | $273 Billion | -3.4% |
$SOL | $136.72 | $66 Billion | +0.7% |
HYPE INDEX🐐
$12.61 | $2.5 Billion | -3.9% | |
$0.00001325 | $1 Billion | -1.5% | |
$0.5831 | $582 Million | +0.1% | |
$0.312 | $312 Million | -6.6% | |
$0.0000006495 | $252 Million | -2.1% | |
$0.2580 | $252 Million | +1.1% | |
$0.01897 | $182 Million | -1.8% | |
$0.02393 | $23.9 Million | -1.5% |
FIRST MEMECOIN ON NYSE🫡
$SOLMAX | $7.72 | $2.4 Million | -24.5% |
$SOLMAX, a new Solana-based token with an automated dividend contract, has been making waves after hitting a peak market cap of $13.3 million before retracing to $2.4 million. Marketed as the “new meta” for passive income, $SOLMAX allows holders to earn dividends in SOL directly. Its rapid rise in popularity has been fueled by a strong community presence, 24/7 voice chats in Telegram, and claims that it is the first and only token to appear on the New York Stock Exchange. The project positions itself as a safe alternative in a market often plagued by rug pulls, leveraging its automated rewards system to attract long-term holders.
The biggest moment for $SOLMAX came when it was mentioned live on national TV from the New York Stock Exchange. Crypto entrepreneur Russ Davis, CEO of INRUSSWETRUST and a key figure in the early Shiba Inu movement, discussed the token and its role in the DeFi revolution during an interview with Patricia Wu.
🚨HISTORIC $SOLMAX mentioned LIVE on national TV from the New York Stock Exchange
MC : $3.0M
CA : FEhfph34VeoCfkuiNnv89pEGPiGPukWfhrKtLko66mvj
@SolMaxRewards#Solana#Pump.fun #SOLMAX#100xgem
— @Chain_Genius (@C_hain_Genius)
4:20 AM • Feb 27, 2025
PUMP FUN HACKED🗣
$PUMP | $0.00001062 | $10 Thousand | -79.4% |
Earlier today, the official X account of Pump.fun was hacked and used to promote a fake $PUMP token, which quickly surged to a $15 million market cap before crashing 99.9%. The exploit allowed the hacker to net approximately $600,000 by dumping on unsuspecting buyers. Blockchain investigator ZachXBT has pointed out potential on-chain links between this attack and previous hacks involving Jupiter DAO and DogWifCoin, suggesting a well-organized group behind these schemes.
Despite the breach, the Pump.fun team has since regained control of their account and reassured users that the platform’s contracts remain secure. However, this comes amid a broader slowdown in the ecosystem, with only 68 tokens graduating yesterday, a sharp decline from previous weeks. While the legitimate Pump.fun ecosystem remains operational, the incident serves as another stark reminder of the importance of verifying official sources before making trades.
JUST IN: Only 68 tokens graduated today from PumpFun, compared to 215 yesterday.
— Whale Insider (@WhaleInsider)
8:48 AM • Feb 27, 2025
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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.