GM. This is Milk Road Degen, here to find you the 100x low cap gem before it’s gone mainstream.

Here’s what we got for you today:

• ✍️ The next big memecoin on HyperLiquid

• 🎙️ Find your next 100x w/ LG

• 🍪 Fartcoin perps go live on Coinbase tomorrow

THE NEXT BIG MEMECOIN ON HYPERLIQUID 🧪 

HyperLiquid was the biggest airdrop in history.

And now I think it will birth the next $1B memecoin.

This is your moment to grab the next $DOGE, $PEPE, or $WIF.

Question is, are you ready to come down the rabbit hole?

Well, here’s what LG’s got for you today:

• Why HyperLiquid is the next Solana

• How to buy tokens on HyperLiquid (hint: it sucks, but friction = profit)

• 3 tokens that could hit $1B

So wtf is HyperLiquid again?

The biggest perps platform in the market. No, really. 

Look at this frigging chart

It’s self-funded.

It’s fast. 

It has no token VC unlocks in the near future

It airdropped literal billions to its community.

Oh, and there’s a second airdrop coming. Another 35% of supply. We don’t know exactly how to qualify yet, but safe to say you’ll need onchain activity to do so.

Plus, it has now entered the top 15 in total market cap across all tokens.

HyperLiquid is the winner of the cycle and it's not even close!

That’s cute. So where are all the memecoins?

Believe it or not, there’s only ONE token on HyperLiquid above a $100M cap right now: $PURR.

That’s it.

The rest are scattered in the sub $50M range, and honestly there aren’t even that many.

In fact there are only eight tokens with a cap above $10M (including $PURR!)

Compare that to Solana, which has five memecoins above $1B, and Base, which has three.

Even Sui has $WALRUS at $725M. 

Avalanche has $KET at $500M.

Cardano has a snake thing at $200M.

HyperLiquid? Still waiting.

Which is weird. Because this chain has everything you need for a meme explosion:

• Cult on X that will constantly tweet “HyperLiquid”

• Airdrop-rich community that wants to run it back

• Gamblers (perps leader, remember?)

The community loves this product, man.

And the greatest catalyst of all in the degen world…

Onboarding f***king sucks

Look at this tweet. Look at it!!

Then look at the next one

It is COMPLICATED to buy these memecoins.

There’s no mobile app.

There’s no coinbase listings.

You gotta FIGURE THIS SHIT OUT if you want the memecoins.

Just like you had to for NFTs.

And we all remember how that went, right? (at the start, not the end).

Stop talking, just tell me what to buy

Alright before I shill highlight some tokens on HyperLiquid, here are two assumptions:

1. You read my thread

2. You love to light money on fire

Good. Glad we got that figured out.

Here are my top 3 tokens on HyperLiquid:

$PURR | $189M MarketCap

• Clear #1 token

• The original airdrop to the community

• It's a cat. $1B tokens are always cats or dogs.

Current status: Booming after a retrace. Definitely bottomed in April, along with the entire ecosystem.

$BUDDY | $24M MarketCap

• Community / team are grinders.

• Was also a successful airdrop.

Current status: Currently rebounding after a nice pullback (like all HyperLiquid tokens). Idk if this is the $1B token, but even $200M would be a 10x.

Project X | Launch Date Unknown

This one is a total wild card.

Last week, @lamboland unveiled a new project: Project X

Lambo was the brain behind $PAC - one of the first ever SocialFi tokens. The token never made it past $12M (it was on Blast, after all), but you could see that $PAC walked so Kaito could run.

No clue what the project is yet. No name. No token. Just pure hype and a mystery KOL.

Me likey.

And me likey Lambo’s take on the future of HyperLiquid.

Wrapping up

Listen.

Actually though, just listen.

That’s your buddy telling you about $DOGE at $100M.

That’s thousands of Solana degens bridging to HyperLiquid.

That’s LG telling you the next $1B memecoin is here.

We just don’t know its name yet.

PS: Make sure to read through to the bottom, rate this edition, and leave us your thoughts on our first article (only if you want to of course 😉 ).

These ratings and comments help guide the content we create in the future to make it as helpful as possible!

BITE-SIZED COOKIES FOR THE ROAD 🍪

The Ethereum Foundation just backed a Virtuals Agent launch. Yeah, this one’s gonna rip.

Turn the fan on - Fartcoin perps go live on Coinbase tomorrow.

Launchcoin just ripped back above $225M. The market is heating up!

MILKY MEME 🤣

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