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REDDIT IS TAKING OVER MEMECOINS
Welcome to HYPE TRAIN - a newsletter that breaks down what's happening in the crazy world of memecoins.
Hype Train
August 19, 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 or signed up for our waitlist.
Disclaimer: Take none of this as financial advice & do your own research
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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😇
REDDIT COINS TAKEOVER??
PUMPFUN $100M+?!?!?! 😱
AND………………stories that will shake your head🙈
CRYPTO STAPLES🥇*As of 9:25 am EST on August 19th
Coin | Price | Market Cap | %Change(24hr) |
|---|---|---|---|
$BTC | $58,704 | $1.1 Trillion | -2.1% |
$ETH | $2,600 | $312 Billion | -2.8% |
$SOL | $144.03 | $67 Billion | -1.2% |
HYPE INDEX🐐
$WIF | $1.3839 | $1.3 Billion | -3.6% |
$BONK | $0.00001759 | $1.2 Billion | -2.8% |
$POPCAT | $0.4020 | $393 Million | -7.5% |
$MOG | $0.000001007 | $393 Million | -3.4% |
$GIGA | $0.01961 | $188 Million | -15% |
$BILLY | $0.03365 | $33 Million | -16.2% |
$MICHI | $0.1067 | $59.3 Million | -10.6% |
$BILLY | $0.03365 | $33 Million | -16.2% |
no bueno
NEW SCHOOL OF TRADING
$AURA | $0.01603 | $15.4 Million | -3.3% |
$LOCKIN | $0.01336 | $13.2 Million | +8.8% |
$SIGMA | $0.00849 | $7.6 Million | -5.1% |
$ROT | $0.0011175 | $1.1 Million | -6.7% |
$MEWING | $0.0004626 | $462 Thousand | -12.1% |
$RIZZ | $0.0002477 | $245 Thousand | +0.1% |
REDDIT COIN SNOOFI:
$r/snoofi | $0.01298 | $12.9 Million | +387% |
It’s really tough to fade reddit cults, which is why $SNOOFI is performing so well! Created yesterday, $SNOOFI is already up to a $12.9 Million market cap! $12.9 MILLION!!!!! WOW, these reddit degens don’t play around. Up 387% with a trading volume of a whopping $24 Million, $SNOOFI looks primed to be one of the top dogs. A very simplistic design, $SNOOFI has won the hearts of many crypto traders and redditors!
$snoofi is king
never fade reddit cults
— S Y 🍷 #DEGEN (@sycrypto_)
11:13 PM • Aug 18, 2024
INTERN’S PICK OF THE DAY!!!🗣
$PAUL | $0.0004868 | $486 Thousand | -23.99% |
It’s time to bring this series back!! The Intern has been flushed for cash recently, but has equipped his bags to trade. Coming off a few rug pulls, the intern is hungry for profit. That is why he chose $PAUL as his pick. $PAUL is unfortunately down 23% today, which of course means a prime time to buy! At a low market cap of $486 Thousand, $PAUL, a pencil drawing, has a huge BOOM potential.
If $PAUL pulls this off, I'm doubling down with my grandma's inheritance.
— Flopsaka Trades (@FlopsakaTrades)
8:56 PM • Aug 18, 2024
Pump.fun Revenue💸
Pump.fun, the notorious website for creating memecoins, is quickly approaching over $100 Million in revenue from fees. Since its launch earlier THIS YEAR, Pump.fun has created over 1.8 million meme coins; wow. They are making more revenue than Solana and Ethereum combined in the past week (EVIDENCE), which is insane. The issue with this is that the more Pump.fun gets in revenue, the less liquidity in the markets, which people need to realize. Check this website for further details: https://defillama.com/fees/pump
Pumpfun revenue is now $94M from fees.
— Kakashi (@kkashi_yt)
12:07 PM • Aug 19, 2024
MEME OF THE DAY
HOT NEW COINS (24 Hr)📈
$r/car | $0.0007771 | $780 Thousand | +12,350% |
$R/PEPE (reddit frog) | $0.0006678 | $590 Thousand | +729% |
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.