MEMECOINS WILL NEVER BE THE SAME

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😇

• MEMECOINS JUST CHANGED!!!

• GET SENDY?!?!?! 😱

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

CRYPTO STAPLES🥇^{_{*As of 11:20 am EST on September 3rd}}

HYPE INDEX🐐

MEMECOINS JUST CHANGED🫡

Pump.fun’s Project Ascend has transformed its fee model, dramatically boosting creator earnings and restoring its dominance in the Solana launchpad ecosystem. In just 24 hours under the new dynamic fees system, $2M in creator rewards were distributed compared to $198K the day before. Tokens between $88K and $300K market cap now generate 0.95% per trade for creators, gradually tapering down as size increases. This incentivizes sustained growth rather than quick exits, while whales and active communities still keep rewards flowing at higher caps.

The update immediately reshaped the competitive landscape: Pump.fun regained 68.2% market share post-August, executed a $44.5M PUMP buyback. Mitch, a well known KOL who is suspended on Twitter, just launched a coin yesterday after the pump.fun creator rewards came out. now owns 80% of the $MITCH supply, worth over $20 million at current prices, which makes him one of the richest KOLs in the space. All of these tokens are held on his god.sol wallet, and he has publicly stated he will not sell them, though giveaways on stream are possible. The remaining 20% of supply is the actual circulating float. $MITCH has surged to a $25 million market cap.

LIVE STREAMERS ARE META?🗣

With project ascend, it affected every coin, even the ones made a little unc ago. Live streamers now have leverage to live stream more, as they will get a bag if people buy their coin, just off the fees. The biggest live streaming coin, $RASMR, benefited greatly, ripping from a $6 to $11 Million market cap within minutes. It helps being the posterchild streamer on pumpfun. This is also helping pump $CCM, which is Creator Capital Markets, up 164% today to a $830k market cap.

MOST EXPENSIVE POKEMON

After some serious digging by some trenchers, people discovered Axiom created a memecoin. On their website, someone tracked their wallet and discovered its made coin is $PIKACHU, or the coin the Most Expensive Pokemon. The origin of the coin was about Logan Paul’s most expensive card that he owns. $PIKACHU ran to a $361 Thousand market cap, but is now at $38 Thousand.

LETS GET SENDY WITH DRUSKI

In regards to football season starting, two coins have jumped out recently. One of them, $Brewski, is about this Druski skit of “The Guy who is just proud to be American”. It’s fantastic, with over 57 Million views, launched just 15 hours ago. The coin has ran to a $1.5 Million market cap. The next coin is $SENDY, which revolves around partying, shotgunning beers, just getting SENDY with the boys. The problem is $SENDY is down 50% today to a $80 Thousand market cap. The send ain’t there ig.

MEME OF THE DAY

for context Kawhi Leonard signed a contract with a “tree planting” company to pay him $28 Million. It was leaked that Steve Ballmer, the owner of the Clippers was behind it. good way to get around salary cap ig.

HOT NEW COINS (24 Hr)📈

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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.