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Cryptocurrency News Articles

The Chopping Block: Trump's Memecoin Craze – Breaking down the historic launch of $Trump, its unprecedented $70B valuation, and how it shattered every record in crypto history

Jan 23, 2025 at 07:00 am

Welcome to The Chopping Block – where crypto insiders Haseeb Qureshi, Tom Schmidt, Tarun Chitra, and Robert Leshner chop it up about the latest in crypto.

The Chopping Block: Trump's Memecoin Craze – Breaking down the historic launch of $Trump, its unprecedented $70B valuation, and how it shattered every record in crypto history

This crypto podcast is brought to you by Blockworks. Blockworks is a new kind of financial media company that covers the latest shifts in crypto, Web3, FinTech, and emerging tech at the intersection of money, technology, and culture. Blockworks is on a mission to redefine the way that financial news is created, consumed, and shared.

This episode is sponsored by Footprint Analytics. Footprint Analytics is a leading blockchain data and analytics platform that provides real-time and historical data for over 70 protocols and 1000+ tokens. Footprint Analytics empowers traders, investors, researchers, and developers with valuable insights and advanced charting tools.

Together, Blockworks and Footprint Analytics are bringing you the latest insights into the rapidly evolving world of crypto.

Highlights

Trump's Memecoin Mania: Join us as we unpack the historic launch of Trump's meme coin, following its explosive debut that captivated the crypto world with an astronomical valuation of $70 billion, shattering records and sparking a frenzy among retail investors. We'll delve into the astonishing rise of Trump coin as it soared to new heights, setting off a chain of events that gripped the market.

Fresh off the heels of Trump coin's record-breaking launch, we'll shift our attention to the fallout from Melania's memecoin token, examining its disastrous impact on the market and the broader implications for retail investors and the future of meme coins.

Witness the ultimate stress test in the world of decentralized finance as we zoom in on the Solana infrastructure holding up against unprecedented trade volumes, highlighting Moonshot's rise to the top and exploring how this reshaped the memecoin landscape.

We'll uncover the contrasting perspectives on retail FOMO and institutional doubts, as retail flocked to Trump coin in droves, while some crypto insiders expressed skepticism over its long-term implications.

As a sitting president launches a memecoin, we'll delve into the ethics and implications of this unprecedented move, exploring how it could potentially distort the future of crypto regulation and perception.

In this episode, we'll also discuss the broader implications of Trump and Melania coins on the crypto market and the evolving landscape of meme coins.

Discover why Trump coin positioned Solana as the go-to chain for memecoins and how it outperformed competitors during this chaos.

Finally, we'll zoom out to examine whether this marks a new chapter for crypto adoption or a troubling precedent for political grift, as we round up the crew's perspectives on the broader implications.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

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Other articles published on Jan 23, 2025