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SOLANA OVERTAKES ETHEREUM: The Effects on Memecoins
Welcome to HYPE TRAIN - a newsletter that breaks down what's happening in the crazy world of memecoins.

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😇
SOLANA OVERTAKES ETHEREUM??
Chair!?!?! 😱
AND………………stories that will shake your head🙈
CRYPTO STAPLES🥇*As of 9:50 am EST on August 1st
Coin | Price | Market Cap | %Change(24hr) |
---|---|---|---|
$BTC | $64,683 | $1.2 Trillion | -3% |
$ETH | $3,188 | $383 Billion | -4.6% |
$SOL | $169.3 | $98 Billion | -7.4% |
HYPE INDEX🐐
$WIF | $2.0054 | $2 Billion | -14.6% |
$BONK | $0.00002391 | $1.6 Billion | -10.1% |
$MOG | $0.000001758 | $686 Million | -19.5% |
$POPCAT | $0.6623 | $645 Million | -10% |
$GIGA | $0.01549 | $148 Million | -8.3% |
$BILLY | $0.09685 | $95 Million | -24% |
$MICHI | $0.1694 | $94 Million | -21.9% |
NEW SCHOOL OF TRADING
$AURA | $0.04556 | $43.6 Million | -3.4% |
$LOCKIN | $0.02481 | $24.6 Million | -12.9% |
$SIGMA | $0.01379 | $12.2 Million | -27.6% |
$ROT | $0.001591 | $1.5 Million | -14.9% |
$RIZZ | $0.0006346 | $629 Thousand | -19.7% |
$MEWING | $0.0005698 | $569 Thousand | -35.2% |
$BASED | $0.000162 | $160 Thousand | -19% |
Yikes.
SOLANA OVERTAKES ETH:
$SOL | $169.3 | $98 Billion | -7.4% |
Solana has just surpassed Ethereum in monthly DEX volume for the first time ever, by $2 billion. The quick rise of memecoins, and crypto twitter, are the main reasons for this change. MEMECOINS TO THE MOON!!!
BREAKING: SOLANA FLIPS ETHEREUM IN MONTHLY DEX VOLUME FOR THE FIRST TIME IN HISTORY
— DEGEN NEWS (@DegenerateNews)
12:00 PM • Aug 1, 2024
Chair. 🗣
$CHAIR | $0.00001661 | $1.6 Million | -57.6% |
A new coin came out 16 hours ago, called $CHAIR, and it claims to be the “world’s most popular plastic chair”. This is for good reason, as it launched to a very high $1.6 Million market cap very quickly. It is down all time, but currently up 22.4% in the last 6 hours, showing great signs of a comeback. Plastic chairs are always reliable, so hopefully the “world’s most popular chair” lives up to the hype. Be careful though, the people behind this coin have sold their majority position for a big profit, so keep your eyes up!
are you starting to understand?
beautiful
timeless
$chair
— $CHAIR (@chairsolchair)
12:25 PM • Aug 1, 2024
MEME OF THE DAY
aura.
Turkey sent a 51 yr old guy with no specialized lenses, eye cover or ear protection and got the silver medal
— non aesthetic things (@PicturesFoIder)
8:07 PM • Jul 31, 2024
HOT NEW COINS (24 Hr)📈
$KAMARA | $0.0016 | $1.2 Million | +1,071% |
$HALO | $0.000607 | $529 Thousand | +20.9% |
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.