- HYPE TRAIN
- Posts
- TRUMP HOSTED HIS MEMECOIN DINNER, HERE'S WHAT HAPPENED
TRUMP HOSTED HIS MEMECOIN DINNER, HERE'S WHAT HAPPENED
Bringing Solana Tech to Other Chains + Cat with a PHD + New York Gets Revenge
Hype Train
May 23, 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😇
CAT WITH A PHD!!!
BRINGING SOLANA TO OTHER CHAINS?!?!?! 😱
AND………………stories that will shake your head🙈
CRYPTO STAPLES🥇*As of 4:10 pm EST on May 23rd
Coin | Price | Market Cap | %Change(24hr) |
|---|---|---|---|
$BTC | $108,510 | $2.2 Trillion | -2.4% |
$ETH | $2,551 | $308 Billion | -3.4% |
$SOL | $178.01 | $92 Billion | -0.1% |
HYPE INDEX🐐
$13.06 | $2.6 Billion | -14.5% | |
$0.00002256 | $1.7 Billion | +2.2% | |
$1.50 | $1.5 Billion | -2.5% | |
$1.16 | $1.1 Billion | +1% | |
$0.5386 | $527 Million | +2.9% | |
$0.0000001261 | $492 Million | -6.8% | |
$0.02447 | $235 Million | -5.1% | |
$0.02724 | $27.2 Million | -9.6% |
TRUMP HOSTS MEMECOIN DINNER 🫡
At Donald Trump’s exclusive $TRUMP meme coin dinner, held for the top 220 holders at his Virginia golf club, crypto personalities including Justin Sun and Lamar Odom were in attendance. Sun, the largest $TRUMP holder, received a $100,000 “Trump Golden Torbillon” watch. While some attendees celebrated, others voiced disappointment as Trump stayed just over an hour and the event’s food drew criticism. One attendee attempted to launch a Solana meme coin named $DINNER live during the event. It briefly peaked at a $450,000 market cap before crashing 92% amid complaints of poor tokenomics and deceptive supply bundling.
As the top holder of $TRUMP and proud supporter of President Trump, it was an honor to attend the Trump Gala Dinner by @GetTrumpMemes.
Thank you @POTUS for your unwavering support of our industry!
#MakeCryptoGreatAgain🇺🇸
— H.E. Justin Sun 🍌 (@justinsuntron)
4:01 AM • May 23, 2025
BRINGING SOLANA TO OTHER CHAINS🗣
SOON, a newly launched Solana Virtual Machine (SVM) Layer 2, made its trading debut today, briefly spiking to $1.37 before retracing to around $0.49. Its circulating market cap currently sits at $106 million with its FDV near $530 million. SOON is the first true SVM rollup designed to bring Solana like performance to other blockchains, starting with Ethereum, BNB Chain, and Base. The project includes three core components:
SOON Mainnet – A general purpose L2 on Ethereum, powered by a decoupled Solana VM execution layer.
SOON Stack – Infrastructure for deploying SVM chains on any L1. It currently integrates with Ethereum (settlement), Avail (data availability), Caldera, and Altlayer.
InterSOON – A Hyperlane backed messaging layer enabling cross chain communication between SOON Chains and other L1s.
The project has quickly gained attention, with over 230K followers on X, as traders and developers monitor its ambition to unify speed and interoperability across chains. Soon was also featured on Binance.
We’re pleased to announce SOON (SOON) has been featured on Binance Alpha.
Eligible Binance users with at least 190 Binance Alpha points can claim an airdrop of 180 SOON tokens on the Alpha Event page starting at 8:00 UTC on May 23, 2025.
Please note claiming the airdrop will
— Binance (@binance)
8:00 AM • May 23, 2025
A CAT WITH A PHD
$PHDKITTY | $0.001853 | $1.8 Million | +8,270% |
A TikTok account featuring a cat explaining complex topics like inflation, mortgages, and even money laundering in plain language has gone viral, with just five videos racking up millions of views and over 200k followers. The format is simple: clear diagrams, short explanations, and a cat as the narrator. Naturally, the memecoin world responded. Enter $PHDKitty, a token inspired by the feline professor that surged to a $3.6 million market cap in under 24 hours. It's now trying to stabilize around the $1.8 million level as the trend continues gaining traction.
Cat with the Phd just added the CA 😁 he is with us now.
#phdkitty
— M3 TY (@M3TY276040)
4:23 PM • May 23, 2025
MEME OF THE DAY
This may single handily be the craziest sports post I’ve seen in YEARS
— IcyVert (@IcyVert)
3:17 PM • May 22, 2025
HOT NEW COINS (24 Hr)📈
$moonelon | $0.0006028 | $615 Thousand | +545% |
$FARTCAT | $0.0004313 | $431 Thousand | +456% |
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.