Unchained

The Chopping Block: LA Vape Cabal, Market Meltdown, & SEC’s Crypto Pivot - Ep. 779

33 snips
Feb 6, 2025
The chaos from Trump’s trade war leads to a massive liquidation day, rattling Ethereum and altcoins while Bitcoin remains stable. The bizarre LA Vape Cabal is introduced as a new player shaping memecoin culture. As altcoins struggle, the discussion shifts to the SEC's regulatory pivot and its potential to change the landscape for token issuers. The ongoing debate centers on whether the memecoin phenomena is fizzling out or just entering a new phase, blending concern with a glimmer of optimism for the future of crypto.
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INSIGHT

Altcoin Weakness

  • Altcoins, except for Bitcoin, have shown weakness after the initial tariff scare.
  • This suggests a deeper shift in market sentiment and a flight to quality.
INSIGHT

Bitcoin Dominance

  • Most capital is rotating into Bitcoin due to its strong macro narrative.
  • The narrative includes potential investment from a US sovereign wealth fund.
ANECDOTE

Trump NFT Impact

  • The launch of Trump's second NFT collection coincided with a downturn in altcoin season.
  • This is humorously referred to as "Melania killed the market."
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