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- THE FIRST INFINITE MONEY GLITCH IN MEMECOINS
THE FIRST INFINITE MONEY GLITCH IN MEMECOINS
This Coin Reached $2.2 Billion + PI Network Launches Open Mainnet
Hype Train
February 20, 2025
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😇
INFINITE MONEY GLITCH!!!
$2.2 BILLION MARKET CAP?!?!?! 😱
AND………………stories that will shake your head🙈
CRYPTO STAPLES🥇*As of 1:00 pm EST on February 20th
Coin | Price | Market Cap | %Change(24hr) |
|---|---|---|---|
$BTC | $98,239 | $1.9 Trillion | +2% |
$ETH | $2,734 | $329 Billion | +0.9% |
$SOL | $174.02 | $85 Billion | +1.6% |
HYPE INDEX🐐
$16.84 | $3.3 Billion | -0.3% | |
$0.00001593 | $1.2 Billion | +1.9% | |
$0.6178 | $617 Million | +0.3% | |
$0.3631 | $363 Million | +12.5% | |
$0.0000007663 | $299 Million | +6.7% | |
$0.02725 | $261 Million | +15.4% | |
$0.2431 | $238 Million | +4.8% | |
$0.02633 | $26.3 Million | -2.8% |
INFINITE MONEY GLITCH🫡
$0.02701 | $27 Million | +3K% |
$IMG surged to a $15 million market cap as an automated Solana rewards token, and then continued on to $27 Million, distributing $SOL to holders every five minutes. The concept is simple, buy and hold $IMG, and the smart contract collects a 5% tax on transactions, converts it to Solana, and distributes rewards proportionally. With no presale, no team tokens, and 100% of supply added to liquidity at launch, it’s a true fair launch token. They have distributed over $1 Million so far in rewards, just 1 day in. The more trading volume, the more rewards, making it feel like an infinite money glitch. Strong community engagement on X suggests this one could have serious momentum. They also have a rewards calculator on their website so people know how much they’ll earn: https://www.img.money/
The glitch of a century.
— Infinite Money Glitch - Solana Rewards Token (@IMGrewards)
12:43 PM • Feb 20, 2025
PAIN…STRAIGHT PAIN🗣
$15.72 | $54.9 Million | -13.8% |
$PAIN, the viral memecoin inspired by "Hide the Pain Harold," dipped 92% in 10 minutes, lowering its market cap past $190 million, now at $54.9 Million. A team associated address sold $2.53 million worth of tokens, with on chain data tracing the funds back to a presale related wallet. The project initially launched with a $136 million market cap after raising 185,976 SOL (~$40 million) in one of the largest Solana meme token presales ever. The team refunded 80% of presale funds and locked 50% of the supply until 2045, with the remaining allocation split between presale participants, liquidity, community incentives, and partnerships. At its peak, $PAIN wicked to $2.2 billion before retracing.
JUST IN: Solana memecoin $PAIN (@pain) pumped to $2.2 billion in market cap and then dumped 92% in 10 minutes 😂
— BlockNews (@blocknewsdotcom)
7:23 PM • Feb 19, 2025
PI NETWORK LAUNCHES OPEN MAINNET
$0.0(10)3166 | $1.3 Million | +37.5% |
The Pi Network finally launched its Open Mainnet today, marking a major milestone for the project after years of anticipation. PI is a cryptocurrency project that allows users to mine digital currency directly from their mobile devices, and has rumored have over 70 million users. Early miners can now transfer and trade their holdings, with Pi Coin already listed on exchanges like OKX, Gate.io, and Bitget. However, the market response has been volatile, with prices swinging between $1.20 and $1.73. Analysts warn that a flood of early adopters cashing out could push prices down unless strong demand supports the token. In Solana, the $PIAI memecoin jumped 37% after the announcement, currently at a $1.3 Million market cap.
One day left before Open Network's launch at 8:00AM UTC on February 20, 2025!
The transition to Open Network will enable external connectivity on the Mainnet blockchain, allowing Pi to interface with other compliant networks and systems. This means… x.com/i/web/status/1…
— Pi Network (@PiCoreTeam)
8:17 AM • Feb 19, 2025
MEME OF THE DAY
I’m sitting this one out
— The Maury Show (@TheMAURYShow)
8:29 PM • Feb 19, 2025
HOT NEW COINS (24 Hr)📈
$0.005494 | $5.3 Million | +7,542% | |
$0.0007139 | $693 Thousand | +984% |
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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.