Unchained Joe McCann on Why Bitcoin Is the King and Memecoins Are Over—For Now - Ep. 801
The memecoin trade might be over. And Joe McCann says that’s just the beginning.
The founder of Asymmetric has been at the intersection of crypto, macro, and tech for years. He called the $BONK trade early, made moves before most saw the opportunity, and now? He’s shifting his focus.
Meanwhile, the crypto markets are a bloodbath, with bitcoin, ether, and solana down 10%, 41%, and 35%, respectively, year-to-date.
In this episode, Joe joins Unchained to discuss:
- Why memecoins won’t work the way they used to
- How institutions are approaching crypto in this cycle
- Why prices are down so much
- Why Bitcoin might be so hard to outperform
- Whether Solana is still the fastest horse
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Guest:
- Joe McCann, founder of Asymmetric
Links
Unchained:
- Solana Rejected Inflation Reduction—Here’s Why
- Are Memecoins Collapsing? These 8 Charts May Be Signaling Yes
- Bitcoin Has Declined 20%. How Soon Could the BTC Price Revive?
Timestamps:
👋 0:00 Intro
🚀 2:19 How Joe’s background shaped his crypto investing approach
🐶 10:25 Spotting the $BONK opportunity before the crowd
📉 17:38 Why the memecoin trade might be over
💰 21:51 Why Joe believes Pump.fun is NOT extractive
📊 33:11 Why crypto prices have struggled despite a pro-crypto shift in Washington
🎯 42:34 The moment Joe “finally” gives credit to Arthur Hayes
⏳ 45:15 Could having no catalyst actually BE the catalyst?
🔥 49:22 Why Joe wasn’t convinced by the SOL inflation proposal
⚡ 56:45 Wait—no altcoin season?
⚙️ 1:01:34 What still excites Joe about Solana
🏦 1:04:57 Why Asymmetric is betting on Bitcoin DeFi
🤖 1:07:29 How AI is helping Joe’s team optimize its strategy
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