WHAT TO KNOW ABOUT WW3

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😇

• WORLD WAR 3 ON HORIZON!?!?!

• DIGITAL OIL AS A RESULT OF THE BOMBS?!?!?! 😱

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

CRYPTO STAPLES🥇^{_{*As of 9:50 am EST on June 23rd}}

HYPE INDEX🐐

WORLD WAR 3 x OIL🫡

On January 3rd, 2025, the crypto world witnessed an event nobody expected: Peter Schiff, long-time critic of digital assets, took a jab at crypto by tweeting, “Digital oil is a lot easier to create than real oil.” Fast forward to today, where tensions in the Middle East exploded, Trump bombed Iranian nuclear sites, Iran threatened to close the Strait of Hormuz, and global oil panic ensued. With 20 million barrels of oil passing through the strait daily, the threat alone sparked massive volatility, sending the Solana-based memecoin $OIL up 454% to a $2.9 million market cap.

IRAN BOMBINGS🗣

Trump’s bombing of Iranian nuclear sites triggered a wave of global panic, but also a frenzy in the crypto markets. As geopolitical tensions surged with threats of World War III from Putin and Lavrov, and retaliatory missile strikes from Iran, $WW3 exploded 93% to a $969 Thousand market cap within hours of the announcement. With Russian officials warning of nuclear catastrophe and U.S. carrier groups repositioning for what could be a full scale regional war, traders are hedging chaos with digital assets. Though $WW3 has cooled to a $504 Thousand market cap, the coin now lives as a proxy bet on conflict escalation. martian beams are pointed at earth rn, gimme igoudala.

MACRO MONDAY

Geopolitical shockwaves from U.S. airstrikes on Iranian nuclear facilities triggered over $1 billion in crypto liquidations this weekend, briefly sending Bitcoin below $99K before recovering to $102 Thousand. Meanwhile, HIVE Digital, who just acquired a 7.2 megawatt data center in Toronto, mined 139 BTC in May, posting an 8.51 EH/s realized hashrate, up 32% month to month. The company is scaling toward a 25 EH/s target by Thanksgiving as it diversifies into AI compute infrastructure through its BUZZ HPC division. AI tokens were hit hard, but they’re bouncing faster than the broader market:

• Story Protocol (IP) fell 42% in June to a low of $2.46, but reclaimed the $3.00 level on Monday, up 10% intraday. With the RSI climbing out of oversold and MFI signaling inflows, the token could target $3.82 (50-day EMA) and $4.13 (100-day EMA) if momentum holds.

• Virtuals Protocol (VIRTUAL) stabilized at $1.37, with $1.25 as key support. Open Interest rose 8% to $163M and volume hit $765M in 24 hours. RSI is recovering, but MACD remains in a sell phase, where $2.00 is the next upside target if bulls flip momentum.

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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.