In this episode of Empire we dissect the surprise launch of Trump's memecoin, which rocketed to a $70 billion market cap in just 24 hours. We also discuss the implications for crypto adoption, US regulatory landscape, and the future of American based DeFi. We also analyze Solana's performance during the surge, examine the subsequent Melania token launch, and debate the broader impact on crypto's market cycle. To close out we discuss the potential shifts in institutional perception and what this means for the future of token launches by public figures and organizations. Thanks for tuning in!
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Timestamps
(00:00) Introduction
(00:41) Trump's Surprise Token Launch
(08:22) What Does Mean for Crypto?
(14:12) Implications for Tokens
(17:28) Top Signal?
(25:18) Lack of Communication
(29:48) Should Presidents Launch Tokens?
(36:04) American DeFi Resurgence
(45:57) Value of Ethereum & Solana
(58:40) Crypto's Takeaway
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Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, and our guests may hold positions in the companies, funds, or projects discussed.
