THE MOST ANTICIPATED MEMECOIN LAUNCH EVER

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😇

• MOST ANTICIPATED MEMECOIN LAUNCH EVER!!!

• NEW COVID?!?!?! 😱

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

CRYPTO STAPLES🥇^{_{*As of 2:55 pm EST on February 21st}}

HYPE INDEX🐐

KANYE TO LAUNCH MEMECOIN

Kanye West is launching a new memecoin called YZY, but its distribution model is already raising eyebrows. With 70% of the total supply allocated to himself, 10% for liquidity, and only 20% for investors, the structure mirrors Donald Trump’s TRUMP coin, which saw a similar heavy insider ownership model. The token is being positioned as the official currency of Yeezy, with plans to be accepted on Kanye’s website. This move follows years of controversy, including his fallout with major brands and platforms over inflammatory rhetoric, which led to his removal from Shopify, prompting the need for alternative financial avenues.

Despite the buzz, concerns are growing over the project’s lack of decentralization and potential for price manipulation. With such a high concentration of supply in Kanye’s hands, investors could be exposed to extreme volatility, similar to other celebrity-backed tokens that experienced hype driven surges followed by crashes. The launch also arrives amid increasing scrutiny of political and celebrity-driven memecoins, with Argentina’s LIBRA token causing a scandal just this week. While YZY could attract speculation, its long-term viability remains uncertain, especially given Kanye’s past criticisms of crypto as a space that preys on fans. Ahead of the drop, a $YZY coin was made, hitting a $9.8 Million market cap, along with another $YZY, hitting $65 Million but charts show its an obvious rug pull.

$1.4 BILLION CRYPTO HEIST🗣

Bybit, a leading cryptocurrency exchange, was hacked on February 21, 2025, losing over $1.4 billion in Ether (ETH) and liquid-staked derivatives. The breach occurred when hackers manipulated Bybit’s multisignature cold wallet system, tricking signers into approving a malicious transaction that altered the smart contract logic. The attackers swiftly moved the stolen assets into multiple wallets, swapping liquid-staked tokens for ETH through decentralized exchanges to evade tracking. Despite the scale of the attack, Bybit assured users that withdrawals remain normal and that all other cold wallets are secure.

In response, Bybit is working with Binance, OKX, and KuCoin, as well as law enforcement agencies, to track the stolen funds. The exchange has also filed a police report and is offering ARKM tokens as a reward for information leading to the hacker’s identification. Additionally, Bybit is negotiating a bridge loan backed by its treasury, primarily in Bitcoin and stablecoins, to restore Ethereum withdrawals. The company insists it remains financially stable, holding over $20 billion in assets, and is conducting internal security reviews to prevent future breaches.

NEW COVID???

Chinese researchers have identified a new bat coronavirus, HKU5-CoV-2, that has the ability to infect human cells by binding to the ACE2 receptor, the same mechanism used by SARS-CoV-2. This discovery has raised concerns about potential zoonotic transmission, although experts currently assess the risk of a widespread outbreak as low. The virus was found in bat populations in southern China, further emphasizing the region's role as a hotspot for emerging infectious diseases. While there is no immediate evidence of human-to-human transmission, the discovery highlights the need for continuous monitoring of wildlife viruses, as such pathogens have historically led to pandemics. This finding adds to growing concerns over new virus strains emerging in mink farms, where scientists have identified multiple high-risk pathogens capable of infecting humans, fueling discussions about the risks associated with fur farming and human-animal interactions. The memecoin $HKU5 just launched and is at a market cap of $254 Thousand.

MEME OF THE DAY

HOT NEW COINS (24 Hr)📈

Introducing our REFERRAL PROGRAM:

Collect rewards for sharing HYPE TRAIN with your friends, coworkers, family, and even random people!

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.