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13min chapter
MARKETS DAILY: Crypto Update | Why Are Meme Coins Appealing to New Investors?
CoinDesk Podcast Network
The Rise of DeFi, GameFi, and Stablecoins in the Crypto Ecosystem
The chapter explores the anticipation surrounding the launch of an Ethereum (ETH) Exchange-Traded Fund (ETF) in the United States, drawing parallels to the impact of the Bitcoin ETF approval earlier. It delves into the speculation about the potential demand for the ETH ETF and its comparison to DeFi, GameFi, and stablecoins in the evolving crypto landscape. Additionally, the conversation discusses the sustainability and appeal of meme coins, as well as the potential of stablecoins to attract a broader audience to the world of crypto through easier international transactions and regulatory developments.
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