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IS THIS CITY THE FUTURE CENTER OF CRYPTO?😱
NFT Artists Pivoting to Memecoins + Election Coin Craze
Hype Train
October 28, 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😇
NEW CENTER OF CRYPTO??😍
NFT ARTISTS PIVOTING TO MEMECOINS?!?!?! 😱
AND………………stories that will shake your head🙈
CRYPTO STAPLES🥇*As of 1:50 pm EST on October 28th
Coin | Price | Market Cap | %Change(24hr) |
|---|---|---|---|
$BTC | $68,982 | $1.4 Trillion | +2% |
$ETH | $2,500 | $301 Billion | +0.2% |
$SOL | $174.71 | $82 Billion | -0.7% |
HYPE INDEX🐐
$2.28 | $2.2 Billion | -5% | |
$0.00002031 | $1.4 Billion | -4.4% | |
$1.47 | $1.4 Billion | +0.3% | |
$0.000001692 | $660 Million | -3.7% | |
$0.05468 | $525 Million | +0.5% | |
$0.2473 | $137 Million | -3.7% | |
$0.1274 | $127 Million | +19% | |
$0.03119 | $30 Million | -6.2% |
NEW SCHOOL OF TRADING
$0.05303 | $52 Million | +16.2% | |
$0.05822 | $52 Million | +24% | |
$0.6836 | $51 Million | -1.5% | |
$0.02622 | $25.2 Million | +9.2% | |
$0.004787 | $4.7 Million | +4.3% | |
$0.001617 | $1.6 Million | +24.2% | |
$0.0008704 | $807 Thousand | +20.3% |
NFT ARTISTS PIVOTING TO MEMECOINS🫡
$EYE | $0.002334 | $2.2 Million | -74.8% |
As the SEC declared NFT’s securities a few weeks ago, many artists were left without pay, as their artwork could no longer be sold on the NFT markets. A well known nft artist, Jesparish, launched his artwork for the memecoin $EYE, which took off after his move into memecoins. $EYE peaked at a $21 Million market cap, but ig nobody was rocking with the art, so it dipped to $2.2 Million. One trader made 1 ½ bricks of $EYE, fyi. I got my eye on $EYE, but also on a coo parlay for tonight’s MNF slate(Harris O 66.5 rush yards).
This trader made $145k profit in 3 hours with $EYE
Smart money 🧠
t.me/BullxBetaBot?s…
— Hezenbergz (@Hezenbergz)
5:42 AM • Oct 28, 2024
ELECTION SZN 😱
$USA | $0.00000289 | $33.6 Million | +47.3% |
For all my USA readers, $USA is a coin that is fluctuating during peak election season. As we are less than 2 weeks away from election day, the Hype Train will be covering a good amount of memecoins about the elections, especially the day after the winner is announced. Already 2x’d yesterday, $USA was settled at a $20 Million market cap, and then quickly bursted to $40 Million, as it was on Murad’s top list of memecoins, and Ansem kinda shilled it. Also, the bubblemaps look good, as there is no outlier. Something to peep while these politicians yap and lie.
USA USA USA USA
— Ansem 🐂🀄️ (@blknoiz06)
7:48 PM • Oct 27, 2024
IS HONG KONG THE CENTER OF CRYPTO?🗣
Hong Kong is rolling out tax incentives aimed at attracting family offices and private funds to invest in crypto, positioning the region as a leading digital asset hub. The policy, set for release by year-end, builds on existing tax breaks and introduces a new regime for stablecoins, requiring issuers to establish a local base and hold reserves in Hong Kong banks. Financial Secretary Christopher Hui emphasized the government's commitment to a supportive regulatory environment, with additional plans for regulating custodians and over-the-counter trading next year. By reducing tax burdens and establishing clearer regulations, Hong Kong is signaling a commitment to becoming a global crypto hub, which might attract major institutional players and boost crypto market confidence.
Also, they are issuing more crypto exchange licenses by the end of 2024, really pushing for this leading digital asset hub.
JUST IN: 🇭🇰 Hong Kong says they will issue more crypto exchange licenses by the end of 2024.
— Watcher.Guru (@WatcherGuru)
5:01 AM • Oct 28, 2024
MEME OF THE DAY
HOT NEW COINS (24 Hr)📈
$WCAT | $0.01138 | $11.6 Million | +5,688% |
$Noob | $0.001627 | $1.6 Million | +2,111% |
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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.