- HYPE TRAIN
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- SAM BANKMAN-FRIED IS BACK IN CRYPTO
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😇
SBF IS BACK!!!
TOKENIZING TIME?!?!?! 😱
AND………………stories that will shake your head🙈
CRYPTO STAPLES🥇*As of 5:30 pm EST on February 25th
Coin | Price | Market Cap | %Change(24hr) |
|---|---|---|---|
$BTC | $88,885 | $1.8 Trillion | -4.9% |
$ETH | $2,510 | $302 Billion | -3% |
$SOL | $144.54 | $71 Billion | -1.7% |
HYPE INDEX🐐
$13.32 | $2.6 Billion | -3.7% | |
$0.00001348 | $1 Billion | -1.2% | |
$0.5535 | $552 Million | -3.2% | |
$0.3008 | $300 Million | +6.6% | |
$0.0000006697 | $261 Million | -5.2% | |
$0.2270 | $222 Million | +7.4% | |
$0.02137 | $205 Million | +1.1% | |
$0.0262 | $26.1 Million | +20.4% |
SBF IS BACK???🫡
$FTT | $1.69 | $558 Million | +7.3% |
FTX Token (FTT), the native token of the FTX exchange, briefly surged by 30% after former CEO Sam Bankman-Fried (SBF) posted on X for the first time in two years. SBF, currently serving a 25-year prison sentence for fraud, shared his thoughts on layoffs, stating how difficult it is to fire people and highlighting that it's often the employer's fault for not providing the right roles or management. His post, unrelated to FTX directly, referenced Elon Musk's push for government employees to report their activities or face job cuts. Following the post, FTT spiked from $1.63 to over $2.10, before retreating to around $1.69.
Despite the brief rally, FTT remains down more than 97% from its all-time high of $85.02 in 2021, before the FTX collapse. The post also marks the first time SBF has communicated since his trial, during which he was convicted of seven charges related to the FTX scandal. His family has reportedly sought a presidential pardon from the Trump administration.
1) I have a lot of sympathy for gov’t employees: I, too, have not checked my email for the past few (hundred) days
And I can confirm that being unemployed is a lot less relaxing than it looks
— SBF (@SBF_FTX)
1:53 AM • Feb 25, 2025
TOKENIZING TIME🗣
$TOLY | $74.62 | $7.4 Million | +7,951% |
Time tokenization has become a hot topic with the emergence of $TOLY (Toly's minutes), created on the platform Time.fun. This innovative token lets users buy and trade time, potentially offering a new angle for memecoins. Solana co-founder Anatoly Yakovenko (Toly) praised the idea, calling time "fun" and emphasizing the potential for business communications in the crypto space.
Before retracing to $7.4M, $TOLY surged to a market cap of over $17M, sparking attention as a novel use case in the crypto world. $TOLY offers a unique opportunity to engage with creators directly, giving them an avenue to tokenize and monetize their time.
Time is fun. Business comms is my favorite usecase for crypto.
— toly 🇺🇸 (@aeyakovenko)
3:51 AM • Feb 25, 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.