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VENMO FOUNDER PUMPS MARKETS WITH JELLY

Twitter Founder Shills Coin + Breaking Down Crypto With SOL & ETH

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😇

  • EX TWITTER CEO SHILLS COIN??😍

  • VENMO FOUNDER CREATES COIN?!?!?! 😱

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

CRYPTO STAPLES🥇*As of 1:45 pm EST on January 30th

Coin

Price

Market Cap

%Change(24hr)

$BTC

$105,436

$2.1 Trillion

+2.4%

$ETH

$3,267

$393 Billion

+4.3%

$SOL

$240.82

$117 Billion

+4.4%

HYPE INDEX🐐

$BONK

$0.0000256

$1.9 Billion

+3.6%

$WIF

$1.21

$1.2 Billion

-0.3%

$GIGA

$0.06661

$639 Million

+17.9%

$MOG

$0.000001177

$459 Million

+2.2%

$POPCAT

$0.3437

$336 Million

-3.8%

$RETARDIO

$0.05576

$55.7 Million

+33.6%

$MICHI

$0.07819

$43 Million

-8.4%

$BILLY

$0.006824

$6.7 Million

-5.6%

NEW SCHOOL OF TRADING

$SIGMA

$0.04407

$39.6 Million

+3.3%

$LOCKIN

$0.03035

$30.1 Million

+0.2%

$SKBDI

$0.07713

$5.7 Million

-4%

$AURA

$0.004274

$4.1 Million

+1.6%

$RZLR

$0.001758

$1.7 Million

+17.2%

$ROT

$0.0007066

$706 Thousand

+17.8%

$RIZZ

$0.0006674

$662 Thousand

+4.5%

$MEWING

$0.000287

$286 Thousand

+2.3%

EX-TWITTER CEO SHILLS COIN🫡

$XYZ

$0.0005675

$585 Thousand

-76.5%

Solana memecoin $XYZ gained significant attention after former Twitter owner Jack Dorsey tweeted its ticker, driving its market cap to a peak of $22 million. The tweet remains up, but since reaching its high, $XYZ has declined at a market cap of $585 Thousand. Dorsey has been active in the crypto space, but I am pretty confused as to this shill.

VENMO FOUNDER GOES CRAZY🗣

$JELLY

$0.1662

$166 Million

+158K%

Jelly, a new content-sharing app backed by Venmo’s co-founder and ex-Facebook VP Sam Lessin, has taken the Solana ecosystem by storm with its token launch. In just three hours, its market cap skyrocketed from zero to $250 million, currently stabilizing at $166 million. The app allows users to create shareable video clips, and $JELLY will be integrated as part of its ecosystem, making it one of the first major apps to launch with a native token. The token has strong backing, with Solana’s Co-Founder Toly showing support, and a high smart money holding relative to market cap, currently around $9.8 million.

Momentum continues to build as a Twitter Space discussing $JELLY drew over 5,000 listeners, featuring key voices in the crypto space, including Ravi, the founder of Hype. With 53,000 holders, the top 10% hold 9.1% of the supply, and the trading volume has surged, $JELLY has shown strong early interest. Also, $VENMO was created, shooting up to a market cap of $9.2 Million.

UNDERSTANDING CRYPTO AS A WHOLE

$ETH

$3,267

$393 Billion

+4.3%

$SOL

$240.82

$117 Billion

+4.4%

I just wanted to give a little background on how big crypto truly is, especially for the new readers here. Thanks to Artemis, we have public data on the daily info for crypto.

All Info Is From Yesterday (1/29)

Active Daily Addresses
Solana: 6.3 Million
Ethereum: 400 Thousand

Daily Transactions
Solana: 63 Million
Ethereum: 1.2 Million

Fees Generated
Solana: $7.3 Million
Ethereum: $1.3 Million

As for the TVL (Total Value Locked), ETH is dominating at $63.5 Billion, where Solana is at $11 Billion.

MEME OF THE DAY

HOT NEW COINS (24 Hr)📈

$JELLY

$0.1662

$166 Million

+158K%

$VALENTINE

$0.0003282

$328 Thousand

+209%

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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.