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IS THIS TRADING RATIO THE NEW META?

Bonk Owner Gets New Dog + A Beaver Is Going to Court

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Hype Train
October 04, 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.

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😇

  • BEAVER GOING TO COURT??😍

  • THE NEW TRADING META RATIO?!?!?! 😱

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

CRYPTO STAPLES🥇*As of 12:20 pm EST on October 4th

Coin

Price

Market Cap

%Change(24hr)

$BTC

$62,137

$1.2 Trillion

+3.3%

$ETH

$2,431

$293 Billion

+4.8%

$SOL

$143.6

$67 Billion

+6.9%

HYPE INDEX🐐

$WIF

$2.26

$2.2 Billion

+14%

$BONK

$0.00002164

$1.5 Billion

+9.6%

$POPCAT

$1.06

$1 Billion

+13.6%

$MOG

$0.000001453

$565 Million

+15.8%

$GIGA

$0.03391

$327 Million

+37.8%

$MICHI

$0.214

$118 Million

+20.5%

$BILLY

$0.0467

$45 Million

+19.5%

NEW SCHOOL OF TRADING

$LOCKIN

$0.02265

$22.5 Million

+46.5%

$AURA

$0.01357

$13 Million

+8%

$SIGMA

$0.01284

$11.5 Million

+22.5%

$ROT

$0.001247

$1.2 Million

-10.4%

$RIZZ

$0.0002148

$213 Thousand

+7.5%

$MEWING

$0.0001103

$110 Thousand

-0.1%

BONK’s NEW DOG🫡

$POCHITA

$0.01099

$10.1 Million

-58.1%

The Bonk owner just got another dog, hence the coin made for Pochita. She hit a market cap of $36 Million since the launching yesterday. Unfortunatley, everything comes down at some point, as the devs sold 60% of the supply and transferred $300K from the creator account after not investing a single dollar. These devs worse than the chipotle workers who look you dead in the eye and give the most measly portion size of all time. $POCHITA is now at a $10 Million market cap but got clapped from its peak.

A BEAVER IS GOING TO COURT 😱

$NIBI

$0.002784

$2.6 Million

+5,971%

This cute beaver, $NIBI is facing some serious adulting challenges, as she’s going to court tomorrow. What crime did she commit? Arson? Abuse? nah, there is a court case about her release into the wild. There was a report about nibi on AP news, where people realized that she was rescued into a home north of Boston, and now lawmakers want her released into the wild. With over 25,000 signatures and the Govenor of Massethusets support, $NIBI is lookin promising for her court battle on today. $NIBI is at a market cap of $2.6 Million, and has a strong communiuty to pump it post trial. Link to AP NEWS ARTICLE (HERE).

BEST NEW TRADING META🗣

$MOG

$0.000001453

$565 Million

+15.8%

$GIGA

$0.03391

$327 Million

+37.8%

$SPX6900

$0.2446

$227 Million

+28%

Came across this great table about the Market Cap to Holders ratio. The higher the ratio is, the greater the market cap is per holder. Some of the top coins were $SPX6900, $GIGA, and $MOG. After this tweet was published, $SPX6900 gained 28% to a market cap of $227 Million. It’s the same with $GIGA as well, rising over 37% to a market cap of $327 Million. Last but not least, $MOG is up to a $565 Million market cap as well, thrusting up 15%, no diddy. Is this ratio the new meta?

MEME OF THE DAY

HOT NEW COINS (24 Hr)📈

$TCAT

$0.0004144

$415 Thousand

+26,235%

$TAO

$0.00384

$379 Thousand

+618%

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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.