Bankless cover image

ROLLUP: Memecoin Frenzy | BRC-20 Tokens | Brad Sherman

Bankless

00:00

The Meme Coin Craze: Profits and Pitfalls

This chapter examines the explosive growth of meme coins like PepeCoin, which achieved a $1.5 billion market cap within a month. The discussion highlights the speculative nature of these tokens, investor experiences, and notable financial outcomes, including significant losses for latecomers. Additionally, it critiques the operations of an MEV bot that impacts Ethereum users, drawing parallels between the volatile crypto market and casino-like risk behaviors.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app